7Application and objects of Part

#### 7 Application and objects of Part 7.1 Application and objects of Part > > (1) The provisions of this Part apply in addition to, and without limiting, any other reporting requirements that an entity may have under other legislation (including legislation of the Commonwealth). > > > (2) The objects of this Part are— > > > > > (a) to promote transparency and accountability with respect to the reporting of certain financial and other information concerning the State, GSF agencies and reporting GSF agencies, and > > > > > (b) to facilitate the use of that information by its users (whether within or outside the government sector) to make informed decisions. > > > (3) The following modifications have effect in relation to this Part in its application to the Audit Office as a GSF agency— > > > > > (a) the financial statements or reports prepared for the Audit Office under this Part that require auditing are to be given to and audited by the auditor appointed under section 47 of the [Government Sector Audit Act 1983](/view/html/inforce/current/act-1983-152) in accordance with section 48 of that Act instead of being given to and audited by the Auditor-General, > > > > > (b) the Auditor General (and not a Minister) is to cause any document relating to the Audit Office that is permitted or required to be tabled in Parliament under this Part to be presented to the Clerks of both Houses of Parliament and section 9.12 is taken to apply to the presented document regardless of whether or not the House concerned is sitting. > > Note. > > This Part (subject to subsection (1) and sections 7.4 and 7.10) is a paramount provision of this Act. Section 1.8 requires a person or other entity to whom a paramount provision applies to comply with the provision (including any regulations made for the purposes of that provision) even if it may result in a non-criminal contravention of other legislation. It also provides that compliance does not result in any civil liability and displaces the operation of the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth to enable compliance.