3Authority

3 Authority

(1) This rule is made under the Public Governance, Performance and Accountability Act 2013. (2) For reporting periods commencing on or after 1 July 2025, this rule sets out the requirements for the preparation of financial statements under: (a) subsection 42(2) of the Public Governance, Performance and Accountability Act 2013; (b) subsection 47(1) of the High Court of Australia Act 1979 in relation to how financial statements must be prepared by the High Court of Australia; (d) subsections 50B(2) and (4) of the Defence Service Homes Act 1918 in relation to how financial statements must be prepared by the Defence Service Homes Corporation; (e) subsections 43(1) and (3) of the Natural Heritage Trust of Australia Act 1997 in relation to how financial statements must be prepared for the Natural Heritage Trust of Australia Account; and (f) Division 4 of Part 2‑3 of the Public Governance, Performance and Accountability Rule 2014 in relation to how financial statements must be prepared in relation to Commonwealth entities that have ceased to exist or whose functions have been transferred. (3) Some provisions of this rule are made for the purposes of paragraph 102(1)(b) of the Public Governance, Performance and Accountability Act 2013.