26Annual reports

26 Annual reports

(1)  As soon as practicable after the end of a financial year, the Homes Tasmania Board is to prepare an annual report, in respect of Homes Tasmania, for the financial year.

(2)  An annual report, prepared in respect of Homes Tasmania under subsection (1) , is to include the following information and documents in respect of the financial year to which the annual report relates:

(a) the Homes Tasmania financial statements prepared under section 32 ;

(b) a copy of the report of the Auditor-General received under section 19 of the Audit Act 2008 in respect of those Homes Tasmania financial statements;

(c) the details of –

(i) each Ministerial direction in force during the financial year; and

(ii) each action taken, or why no action has been taken, by the Homes Tasmania Board in respect of a Ministerial direction; and

(iii) each project, for the development of land or buildings, or both, in relation to which Homes Tasmania has, during the financial year, entered into a contract, or other arrangement, under which Homes Tasmania is to expend an amount that is more than the prescribed amount or $8 000 000, whichever is the higher amount;

(d) the details of –

(i) each statement of expectations that has been in force during the financial year; and

(ii) any action taken by the Homes Tasmania Board in respect of those statements of expectations;

(e) a summary of the corporate plan in force in respect of the financial year;

(f) a report on the performance of Homes Tasmania with reference to the following, as set out in the corporate plan:

(i) the targets to be met by Homes Tasmania in achieving its objectives, policies, programs and financial plans;

(ii) the criteria for assessing the achievement of those targets;