27Reports and reviews

27 Reports and reviews

27 Reports and reviews

(1) A new council is to prepare audited financial reports for the former councils, in respect of the period from 1 July 2015 to the end of the day on which this Proclamation was published on the NSW legislation website, on or before 31 December 2016.

(2) The first annual report (including the audited financial reports) of a new council is to relate to the period commencing at the beginning of the day after the day on which this Proclamation was published on the NSW legislation website and ending on 30 June 2017.

(2A) Financial reports and audits of financial reports may be prepared for the periods specified in this clause despite any requirements of the Act relating to them.

(3) For the purposes of the preparation of the first annual report (including the audited financial reports) of a new council, the Act and the regulations apply as if a reference to a year were a reference to the period referred to in subclause (2).

(4) Any report or review that is required to be carried out by a new council, and that relates to a period before the amalgamation day, may be carried out by reference to the former areas, as the case requires.

cl 27: Am 2016 (581), Sch 1.1 [6]–[8].