32Annual report

32 Annual report

(1)  The Board is to prepare an annual report for each financial year.

(1A)  [Section 32 Subsection (1A) inserted by No. 38 of 2022, s. 11, Applied:30 Nov 2022] The Board is to give its first annual report for the financial year commencing 1 July 2022.

(2)  The annual report is to include at least the following:

(a) a report on the Board's activities and performance for the financial year;

(b) the financial statements of the Board for the financial year;

(c) a copy of the Auditor-General's opinion on those financial statements, as prepared, signed and provided under section 19 of the Audit Act 2008 ;

(d) the Board's business plan for the financial year, or a summary of it, and a summary of the Board’s performance in meeting the applicable business plan;

(e) the Board's strategic plan for the period encompassing the financial year, or a summary of it, and a summary of the Board’s performance in meeting any applicable strategic plan;

(f) the Ministerial statement of expectations for the financial year, or a summary of it, and a summary of the Board’s performance in meeting any applicable Ministerial statement of expectations;

(g) particulars of any Ministerial directions issued in or in respect of the financial year and any actions taken by the Board in respect of those directions;

(h) any information that the Minister or Treasurer has, by notice to the Board, required to be included in the report.

(3)  The Board is to give the annual report to the Minister by no later than 31 October after the end of the financial year.

(4)  The Minister is to cause a copy of the annual report to be laid before each House of Parliament within the first 10 sitting-days of that House after he or she receives the report.

(5)  Section 36 of the does not apply in respect of the Board.