sec.15Financial Accountability Act 2009

### sec.15 Financial Accountability Act 2009 A distributor-retailer is a statutory body under the Financial Accountability Act 2009 (the FAA ). However, the provisions of a standard under the FAA about resource management do not apply to a distributor-retailer. See the Financial and Performance Management Standard 2009 , part 2 , division 4 (General resource management). For applying the FAA , a reference in that Act to a statutory body reporting to a Minister is taken to be a reference to the distributor-retailer reporting, in the way provided for under its participation agreement, to its participating local governments who are also participants in the distributor-retailer. However, subsection (3) does not apply if the reporting is for the purpose of tabling in the Legislative Assembly. Any operational or strategic planning requirements under a standard under the FAA are taken to have been complied with by a distributor-retailer if the distributor-retailer complies with its planning and reporting requirements. (sec.15-ssec.1) A distributor-retailer is a statutory body under the Financial Accountability Act 2009 (the FAA ). (sec.15-ssec.2) However, the provisions of a standard under the FAA about resource management do not apply to a distributor-retailer. See the Financial and Performance Management Standard 2009 , part 2 , division 4 (General resource management). (sec.15-ssec.3) For applying the FAA , a reference in that Act to a statutory body reporting to a Minister is taken to be a reference to the distributor-retailer reporting, in the way provided for under its participation agreement, to its participating local governments who are also participants in the distributor-retailer. (sec.15-ssec.4) However, subsection (3) does not apply if the reporting is for the purpose of tabling in the Legislative Assembly. (sec.15-ssec.5) Any operational or strategic planning requirements under a standard under the FAA are taken to have been complied with by a distributor-retailer if the distributor-retailer complies with its planning and reporting requirements.