Government Business Enterprises Act 1995
56Tabling of annual report
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56 Tabling of annual report
(1) [Section 56 Subsection (1) amended by No. 42 of 2003, Sched. 1, Applied:04 Jul 2003] The Portfolio Minister must lay a copy of the annual report of a Government Business Enterprise before each House of Parliament within 4 months after the end of the financial year to which the annual report relates.
(2) Where the Portfolio Minister is unable to comply with subsection (1) for any reason other than that a House of Parliament is not sitting at the expiration of the period specified in that subsection, he or she must, before the expiration of that period, lay before each House of Parliament a statement specifying the reasons for the failure to comply with that subsection and an estimate of the day by which a copy of the annual report will be ready to lay before each House of Parliament.
(3) Where the Portfolio Minister is unable to lay a copy of the annual report of a Government Business Enterprise before a House of Parliament within the period specified in subsection (1) or by the day specified in a statement referred to in subsection (2) because either House of Parliament is not sitting at the expiration of that period or on that day, the Portfolio Minister must –
(a) immediately after the expiration of that period or that day, forward a copy of the annual report to the Clerk of that House of Parliament; and
(b) within the next 7 sitting days of that House, lay a copy of the annual report before that House.
(4) Where the Portfolio Minister fails to lay a copy of the annual report of a Government Business Enterprise before at least one House of Parliament within the period specified in subsection (1) , the Parliamentary Standing Committee of Public Accounts may examine, and report to both Houses of Parliament on, the Government Business Enterprise's accounting records, financial statements and other available information referred to in section 55 (2) as if they or it were accounts referred to in section 6 (1) (b) of the Public Accounts Committee Act 1970 .