QLDIn ForceAct
Government Owned Corporations Act 1993
sch.4-sec.120Matters to be included in annual report
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### sch.4-sec.120 Matters to be included in annual report
Each annual report of a prescribed GOC subsidiary (the first subsidiary ) must—
contain the information that is required to be included in the report by the shareholding Ministers of each shareholding GOC of the first subsidiary to enable an informed assessment to be made of the operations of the first subsidiary and its subsidiaries, including a comparison of the performance of the first subsidiary and its subsidiaries with each shareholding GOC’s statement of corporate intent to the extent it relates to the first subsidiary or its subsidiaries ; and
state the first subsidiary’s dividend policy for the financial year to which the report relates; and
include the statement of corporate intent of each shareholding GOC of the first subsidiary for the relevant financial year to the extent the statement relates to the first subsidiary or its subsidiaries ; and
include particulars of any modifications made to the statement of corporate intent during the relevant financial year to the extent the modifications relate to the first subsidiary or its subsidiaries ; and
include particulars of any directions and notifications given to the board of a shareholding GOC of the first subsidiary by the shareholding GOC’s shareholding Ministers that relate to the relevant financial year to the extent the directions or notifications concern the first subsidiary or its subsidiaries ; and
include particulars of the impact on the financial position, profits and losses and prospects of the first subsidiary and its subsidiaries of any modifications to a statement of corporate intent, and any directions and notifications given to the board , of a shareholding GOC of the first subsidiary by the shareholding GOC’s shareholding Ministers, that relate to the relevant financial year to the extent the modifications, directions or notifications relate to or concern the first subsidiary or its subsidiaries .
This section does not limit the matters that are required to be included in, or to accompany, a prescribed GOC subsidiary’s annual report by the Corporations Act or another Act.
sch 4 pt 2 ch 3 pt 11 s 120 ins 1998 No. 21 s 3 sch 1
amd 2001 No. 45 s 29 sch 3 ; 2007 No. 10 ss 61(17)–(18), 62 sch; 2009 No. 9 s 125
(sch.4-sec.120-ssec.1) Each annual report of a prescribed GOC subsidiary (the first subsidiary ) must— contain the information that is required to be included in the report by the shareholding Ministers of each shareholding GOC of the first subsidiary to enable an informed assessment to be made of the operations of the first subsidiary and its subsidiaries, including a comparison of the performance of the first subsidiary and its subsidiaries with each shareholding GOC’s statement of corporate intent to the extent it relates to the first subsidiary or its subsidiaries ; and state the first subsidiary’s dividend policy for the financial year to which the report relates; and include the statement of corporate intent of each shareholding GOC of the first subsidiary for the relevant financial year to the extent the statement relates to the first subsidiary or its subsidiaries ; and include particulars of any modifications made to the statement of corporate intent during the relevant financial year to the extent the modifications relate to the first subsidiary or its subsidiaries ; and include particulars of any directions and notifications given to the board of a shareholding GOC of the first subsidiary by the shareholding GOC’s shareholding Ministers that relate to the relevant financial year to the extent the directions or notifications concern the first subsidiary or its subsidiaries ; and include particulars of the impact on the financial position, profits and losses and prospects of the first subsidiary and its subsidiaries of any modifications to a statement of corporate intent, and any directions and notifications given to the board , of a shareholding GOC of the first subsidiary by the shareholding GOC’s shareholding Ministers, that relate to the relevant financial year to the extent the modifications, directions or notifications relate to or concern the first subsidiary or its subsidiaries .
(sch.4-sec.120-ssec.2) This section does not limit the matters that are required to be included in, or to accompany, a prescribed GOC subsidiary’s annual report by the Corporations Act or another Act.
- (a) contain the information that is required to be included in the report by the shareholding Ministers of each shareholding GOC of the first subsidiary to enable an informed assessment to be made of the operations of the first subsidiary and its subsidiaries, including a comparison of the performance of the first subsidiary and its subsidiaries with each shareholding GOC’s statement of corporate intent to the extent it relates to the first subsidiary or its subsidiaries ; and
- (b) state the first subsidiary’s dividend policy for the financial year to which the report relates; and
- (c) include the statement of corporate intent of each shareholding GOC of the first subsidiary for the relevant financial year to the extent the statement relates to the first subsidiary or its subsidiaries ; and
- (d) include particulars of any modifications made to the statement of corporate intent during the relevant financial year to the extent the modifications relate to the first subsidiary or its subsidiaries ; and
- (e) include particulars of any directions and notifications given to the board of a shareholding GOC of the first subsidiary by the shareholding GOC’s shareholding Ministers that relate to the relevant financial year to the extent the directions or notifications concern the first subsidiary or its subsidiaries ; and
- (f) include particulars of the impact on the financial position, profits and losses and prospects of the first subsidiary and its subsidiaries of any modifications to a statement of corporate intent, and any directions and notifications given to the board , of a shareholding GOC of the first subsidiary by the shareholding GOC’s shareholding Ministers, that relate to the relevant financial year to the extent the modifications, directions or notifications relate to or concern the first subsidiary or its subsidiaries .