CTHIn ForceAct
Future Fund Act 2006
55CBoard to be consulted on reporting rules
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#### 55C Board to be consulted on reporting rules
(1) Before making or amending reporting rules, the nominated Minister must:
(a) send the draft reporting rules or amendments to the Board; and
(b) invite the Board to make a submission to the nominated Minister on the draft reporting rules or amendments, as the case may be, within a time limit specified by the nominated Minister; and
(c) consider any submission that is received from the Board within that time limit.
(2) If:
(a) the nominated Minister makes or amends reporting rules; and
(b) the Board made a submission to the nominated Minister on a draft of the reporting rules or amendments, as the case may be, within the time limit specified by the nominated Minister;
the submission is to be tabled in each House of the Parliament with the reporting rules or amendments, as the case may be.
> Note: For tabling of the reporting rules or amendments, see section 38 of the Legislation Act 2003.
(3) A time limit specified under this section must be reasonable.