52Financial statements

52 Financial statements

(1)  [Section 52 Subsection (1) amended by No. 42 of 2003, Sched. 1, Applied:04 Jul 2003] [Section 52 Subsection (1) substituted by No. 50 of 2008, Sched. 1, Applied:01 Mar 2009] A Board is to prepare and forward to the Auditor-General a copy of its financial statements for each financial year in accordance with the Audit Act 2008 .

(2)  [Section 52 Subsection (2) omitted by No. 42 of 2002, s. 30, Applied:27 Nov 2002] .  .  .  .  .  .  .  .  

(3)  The financial statements must –

(a) [Section 52 Subsection (3) amended by No. 42 of 2002, s. 30, Applied:27 Nov 2002] contain the documents, statements and information required by, and otherwise comply with, the Treasurer's Instructions; and

(b) subject to the Treasurer's Instructions, comply with Australian Accounting Standards; and

(c) be signed or certified as specified in the Treasurer's Instructions.

(4)  [Section 52 Subsection (4) amended by No. 42 of 2002, s. 30, Applied:27 Nov 2002] [Section 52 Subsection (4) amended by No. 42 of 2002, s. 30, Applied:27 Nov 2002] The Portfolio Minister and Treasurer, jointly, may direct a Board to include in the financial statements any financial information that they consider appropriate.