Reporting RequirementsReporting Requirements

Reporting Requirements

4(32) At the beginning of each Grant Year, states will provide to the Commonwealth a report of their expected financial contribution under the agreement both in cash and accrual terms.

4(33) Within six months of the end of each Grant Year, States will:

(a) provide to the Commonwealth independently audited financial reports of housing operations under this Agreement and agree these will use nationally consistent financial reporting frameworks and accounting practices;

(b) advise the Commonwealth of the total proceeds from the sale of housing, land and other assets acquired under Previous Housing Arrangements and under this Agreement; and

(c) report their actual financial contributions under the agreement both in cash and accrual terms.

4(34) Within six months of the end of each Grant Year, each State's responsible Chief Executive Officer will provide certification to the Commonwealth that assets and available funds were used only in accordance with subclauses 4(19), 4(20), 4(21) and 4(22).

4(35) Within six months of the end of each Grant Year, States will provide to the Commonwealth a report:

(a) demonstrating progress achieved in their respective Bilateral Agreements, including the performance information, targets, outputs and outcomes measures specified at subclauses 3(1) and 6(1)(c)(v).

(b) containing the core set of nationally consistent indicators endorsed under the National Housing Data Agreement; and

(c) demonstrating progress towards the performance objectives agreed to under subclause 6(1)(c)(vi).

4(36) In addition to the requirements in 4(35), by 31 March in the Fifth Grant Year, States will provide to the Commonwealth a report demonstrating for the period 1 July to 31 December of the fifth Grant Year progress towards the performance objectives agreed to in 6(1)(c)(vi).

4(37) The Commonwealth and States will work together to minimise any duplication in planning and reporting under this Agreement, including in relation to Identified programs.