189Annual report and financial statements

#### 189 Annual report and financial statements (1) The annual report prepared by the Indigenous Business Australia Board and given to the Minister under section 46 of the Public Governance, Performance and Accountability Act 2013 for a period must include details of: (a) any direction given by the Minister under section 151 of this Act during that period; and (b) any consultants engaged under section 178 of this Act during that period. (2) Subject to any direction by the Finance Minister, the financial statements included in the annual report as required by subsection 43(4) of the Public Governance, Performance and Accountability Act 2013 must deal with the New Housing Fund separately from the other finances of Indigenous Business Australia. (3) A direction referred to in subsection (2) is not a legislative instrument. 33 Subsection 191A(2) (note) Repeal the note, substitute: > Note: The Public Governance, Performance and Accountability Act 2013 applies to the Indigenous Land Corporation. That Act deals with matters relating to corporate Commonwealth entities, including reporting and the use and management of public resources. 34 Section 191L Omit “Commonwealth Authorities and Companies Act 1997”, substitute “Public Governance, Performance and Accountability Act 2013”. 35 At the end of section 192F Add: (4) Subsection (3) applies in addition to section 29 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to disclose interests). 36 Paragraph 192H(2)(e) Omit “section 192F of this Act or section 27F or 27J of the Commonwealth Authorities and Companies Act 1997”, substitute “subsection 192F(3)”. 37 At the end of subsection 192H(2) Add: > Note: The appointment of an Indigenous Land Corporation Director may also be terminated under section 30 of the Public Governance, Performance and Accountability Act 2013 (which deals with terminating the appointment of an accountable authority, or a member of an accountable authority, for contravening general duties of officials). 38 Subsection 192J(3) (heading) Repeal the heading, substitute: Quorum if Director excluded 39 Paragraph 192J(3)(a) Omit “by section 27J of the Commonwealth Authorities and Companies Act 1997”, substitute “by rules made for the purposes of section 29 of the Public Governance, Performance and Accountability Act 2013”. 40 Subsection 192W(2) Omit “Special Account for the purposes of the Financial Management and Accountability Act 1997”, substitute “special account for the purposes of the Public Governance, Performance and Accountability Act 2013”. 41 Subsection 192W(3) Omit “section 39 of the Financial Management and Accountability Act 1997”, substitute “section 58 of the Public Governance, Performance and Accountability Act 2013 (which deals with investment by the Commonwealth)”. 42 Paragraph 193(5)(b) Omit “section 39 of the Financial Management and Accountability Act 1997”, substitute “section 58 of the Public Governance, Performance and Accountability Act 2013 (which deals with investment by the Commonwealth)”. 43 Paragraph 193G(1)(b) Omit “section 39 of the Financial Management and Accountability Act 1997”, substitute “section 58 of the Public Governance, Performance and Accountability Act 2013 (which deals with investment by the Commonwealth)”. 44 Section 193K Repeal the section, substitute: