17KDeterminations by Finance Minister

#### 17K Determinations by Finance Minister Guide to this section The purpose of this section is to allow the Finance Minister to determine that, for the purposes of preparing etc. annual performance statements, annual financial statements and annual reports, a transfer of functions between Commonwealth entities is to be taken not to have occurred. This section is made for the purposes of paragraph 102(1)(h) of the Act. (1) This section applies if a function of a Commonwealth entity (the old entity) has been transferred to another Commonwealth entity (the new entity) (whether or not the old entity has ceased to exist). (2) The Finance Minister may determine that, for the purposes of: (a) the preparation, auditing and giving of financial statements and performance statements for Commonwealth entities for the reporting period in which the transfer occurred; and (b) the preparation and giving of annual reports for Commonwealth entities for that reporting period; the transfer is to be taken not to have occurred and anything done by the new entity in the performance of the function during the reporting period is taken to have been done by the old entity. (3) To avoid doubt, and without limiting the effect of a determination made under subsection (2), a determination made under that subsection has effect for the purposes of Subdivisions A to C.