71AQBoard of management’s accounts, budgets, quarterly and annual reports

#### 71AQ Board of management’s accounts, budgets, quarterly and annual reports 71AQ Board of management’s accounts, budgets, quarterly and annual reports > > (1) A board of management must cause proper accounts and records to be kept in relation to all of its operations. > > > (2) A board of management must, before the commencement of each financial year, prepare and submit to the Minister a detailed budget relating to its proposed operations during that financial year. > > > (3) The board of management must furnish to the Minister such information relating to the budget as the Minister requests. > > > (4) A board of management must monitor its financial activities to determine whether it is operating in accordance with its budget. > > > (5) A board of management must in each year, as soon as practicable after 30 June, but on or before 1 October, forward to the Minister an annual report of its operations for the 12 months ending on 30 June in that year. > > > (6) The regulations may prescribe the form and content of budgets and reports under this section. > > **s 71AQ:** Ins 1996 No 142, Sch 1 \[21\]. Am 2001 No 34, Sch 4.38; 2010 No 38, Sch 1 \[25\].