241Annual report by Administrator

241 Annual report by Administrator

(1) The Administrator must, within 4 months after the end of each financial year, provide to the responsible Ministers an annual report on the exercise or performance of his or her functions during the financial year. (2) The annual report must include the following information for the relevant financial year: (a) the amounts paid into each State Pool Account and State Managed Fund by the relevant State and the basis on which the payments were made; (b) the amounts paid into each State Pool Account by the Commonwealth and the basis on which the payments were made; (c) the amounts paid from each State Pool Account to local hospital networks, a State Managed Fund or other organisations or funds and the basis on which the payments were made; (d) the amounts paid from each State Managed Fund to local hospital networks or other organisations or funds and the basis on which the payments were made; (e) the number of public hospital services funded for each local hospital network in accordance with the system of activity based funding; (f) the number of other public hospital services and functions funded from each State Pool Account or State Managed Fund. (3) The annual report is to be accompanied by: (a) an audited financial statement for each State Pool Account; and (b) a financial statement that combines the audited financial statements for each State Pool Account. (4) A responsible Minister must, as soon as practicable after receiving an annual report under this section, cause a copy of the report to be tabled in the Parliament of the responsible Minister’s jurisdiction.