Private Forests Act 1994
32BFinancial statements
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32B Financial statements
[Section 32B Inserted by No. 20 of 1995, s. 3 and Sched. 1 ]
(1) [Section 32B Subsection (1) amended by No. 42 of 2003, Sched. 1, Applied:04 Jul 2003] [Section 32B Subsection (1) substituted by No. 50 of 2008, Sched. 2, Applied:01 Jul 2010] The Board is to prepare and forward to the Auditor-General a copy of its financial statements for each financial year in accordance with the Audit Act 2008 .
(2) [Section 32B Subsection (2) substituted by No. 50 of 2008, Sched. 2, Applied:01 Jul 2010] Financial statements in respect of a financial year are to include any financial information required to be included by a direction given under subsection (4) .
(3) The financial statements must –
(a) comply with any directions given under subsection (4) ; and
(b) subject to such a direction, comply with Australian Accounting Standards; and
(c) be signed or certified as specified in such a direction.
(4) [Section 32B Subsection (4) amended by No. 50 of 2008, Sched. 2, Applied:01 Jul 2010] The Treasurer may give written directions to the Board in respect to the form and contents of the financial statements as he or she considers appropriate.