QLDIn ForceAct
Government Owned Corporations Act 1993
sec.120Matters to be included in annual report
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### sec.120 Matters to be included in annual report
Each annual report of a GOC must—
contain the information that is required to be included in the report by the shareholding Ministers to enable an informed assessment to be made of the operations of the GOC and its subsidiaries, including a comparison of the performance of the GOC and its subsidiaries with the GOC’s statement of corporate intent; and
state the GOC’s dividend policy for the financial year to which the report relates; and
include the statement of corporate intent for the relevant financial year; and
include particulars of any modifications made to the statement of corporate intent during the relevant financial year; and
include particulars of any directions and notifications given to the GOC’s board by the shareholding Ministers that relate to the relevant financial year; and
include particulars of the impact on the financial position, profits and losses and prospects of the GOC and its subsidiaries of any modifications to the statement of corporate intent, and any directions and notifications given to the board by the shareholding Ministers, that relate to the relevant financial year.
This section does not limit the matters that are required to be included in, or to accompany, a GOC’s annual report by the Corporations Act or another Act.
s 120 amd 2001 No. 45 s 29 sch 3 ; 2007 No. 10 ss 47 , 62 sch
(sec.120-ssec.1) Each annual report of a GOC must— contain the information that is required to be included in the report by the shareholding Ministers to enable an informed assessment to be made of the operations of the GOC and its subsidiaries, including a comparison of the performance of the GOC and its subsidiaries with the GOC’s statement of corporate intent; and state the GOC’s dividend policy for the financial year to which the report relates; and include the statement of corporate intent for the relevant financial year; and include particulars of any modifications made to the statement of corporate intent during the relevant financial year; and include particulars of any directions and notifications given to the GOC’s board by the shareholding Ministers that relate to the relevant financial year; and include particulars of the impact on the financial position, profits and losses and prospects of the GOC and its subsidiaries of any modifications to the statement of corporate intent, and any directions and notifications given to the board by the shareholding Ministers, that relate to the relevant financial year.
(sec.120-ssec.2) This section does not limit the matters that are required to be included in, or to accompany, a GOC’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 to enable an informed assessment to be made of the operations of the GOC and its subsidiaries, including a comparison of the performance of the GOC and its subsidiaries with the GOC’s statement of corporate intent; and
- (b) state the GOC’s dividend policy for the financial year to which the report relates; and
- (c) include the statement of corporate intent for the relevant financial year; and
- (d) include particulars of any modifications made to the statement of corporate intent during the relevant financial year; and
- (e) include particulars of any directions and notifications given to the GOC’s board by the shareholding Ministers that relate to the relevant financial year; and
- (f) include particulars of the impact on the financial position, profits and losses and prospects of the GOC and its subsidiaries of any modifications to the statement of corporate intent, and any directions and notifications given to the board by the shareholding Ministers, that relate to the relevant financial year.