Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) The under treasurer must, as soon as practicable after the end of a financial year, prepare annual financial statements for the Territory for that year.
(2) The statements must be prepared in accordance with accounting standards and include—
(a) the financial statements required under the financial management guidelines; and
(b) a statement of the accounting policies adopted by the Territory; and
(c) the other statements that are necessary to fairly reflect the financial operations of the Territory during the year and its financial position at the end of the year.