Territories Law Reform Act 2010
48HPreparation of periodic financial statements by the Minister for Finance
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48H Preparation of periodic financial statements by the Minister for Finance
(1) The Minister for Finance must prepare periodic financial statements in relation to: (a) the Administration; and (b) each Territory authority. (2) The statements must be prepared in accordance with: (a) the regulations; and (b) the Commonwealth Finance Minister’s Orders. (3) The statements must be prepared within the period ascertained in accordance with: (a) the regulations; or (b) if no regulations are in force for the purposes of paragraph (a)—the Commonwealth Finance Minister’s Orders. (4) The Minister for Finance must cause a copy of the statements to be tabled in the Legislative Assembly as soon as practicable after the statements are prepared. (5) The Minister for Finance must give a copy of the statements to the Administrator as soon as practicable after they are prepared. (6) As soon as practicable after receiving a copy of the statements, the Administrator must send a copy of the statements to the responsible Commonwealth Minister.