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LOCAL GOVERNMENT (GENERAL) REGULATIONS 2021
131Annual financial statement
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131 Annual financial statement (1) Repealed section 131 applies to the first annual financial statement a council must prepare after the commencement. (2) Section 207 of the new Act applies to the subsequent annual financial statements a council must prepare after the (3) Despite subregulation (1), a council may elect to prepare the first annual financial statement after the commencement in accordance with section 207 of the new Act.