48CAudit of annual financial statements

48C Audit of annual financial statements

(1) As soon as practicable after receiving financial statements under section 48B, the Auditor‑General must examine the statements and prepare an audit report. (2) Instead of preparing a single report, the Auditor‑General may prepare an initial report and one or more supplementary reports. (3) The Auditor‑General must give a copy of each report to: (a) the Minister for Finance; and (b) the responsible Commonwealth Minister; and (c) the Administrator. (4) The Minister for Finance must cause a copy of each report to be tabled in the Legislative Assembly as soon as practicable after receiving the copy of the report. Except in the case of a supplementary report, the copy that is tabled must be accompanied by a copy of the annual financial statements. (5) As soon as practicable after receiving a copy of a report, the responsible Commonwealth Minister must cause: (a) a copy of the report; and (b) a copy of the annual financial statements to which the report relates; to be tabled in each House of the Parliament.