16Final report by Authority

##### 16 Final report by Authority (1) As soon as practicable after the expiration of the transitional period, the Authority shall prepare and furnish to the Minister a report on the operations of the Authority during the period (in this section referred to as the relevant period) that: (a) commenced at the expiration of the last period in respect of which the Authority prepared a report under section 58 of the Stevedoring Industry Act; and (b) ended immediately before the expiration of the transitional period; together with financial statements in respect of the relevant period. (2) Before furnishing the financial statements to the Minister, the Authority shall submit them to the Auditor‑General, who shall report to the Minister: (a) whether the statements are based on proper accounts and records; (b) whether the statements are in agreement with the accounts and records; (c) whether the receipt and expenditure of moneys, and the acquisition and disposal of assets, by the Authority during the relevant period have been in accordance with this Act and the Stevedoring Industry Act; and (d) as to such other matters arising out of the statements as the Auditor‑General considers should be reported to the Minister. (3) The Minister shall cause the report and financial statements prepared in accordance with subsection (1), together with the report of the Auditor‑General, to be laid before each House of the Parliament within 15 sitting days of that House after their receipt by the Minister. (4) The Authority, as constituted immediately before the expiration of the transitional period, shall, for the purpose of complying with its obligations under this section, continue in existence until it has complied with those obligations. (5) Section 59 of the Stevedoring Industry Act: (a) continues to apply in relation to reports made under section 57 or 58 of the Stevedoring Industry Act; and (b) applies in relation to a report under subsection (1) of this section in like manner as it applies in relation to reports under sections 57 and 58 of the Stevedoring Industry Act.