Australian Capital Territory Repealed Acts

This legislation has been repealed.

AUDIT ORDINANCE 1989 - SECT 93

(2) Before submitting financial statements to the appropriate Minister under subsection (1), the authority shall submit them to the Auditor-General, who shall report to the appropriate Minister—

        (a)     whether, in the Auditor-General's opinion, the statements are based on proper accounts and records;

        (b)     whether the statements are in agreement with the accounts and records and, in the Auditor-General's opinion, show fairly the financial transactions and the state of the affairs of the authority;

        (c)     whether, in the Auditor-General's opinion, the receipt, expenditure and investment of moneys, and the acquisition and disposal of assets, by the authority during the year have been in accordance with the enactment establishing the authority; and

        (d)     as to such other matters arising out of the statements as the Auditor-General considers should be reported to the appropriate Minister.

(3) The appropriate Minister shall cause copies of the report and financial statements together with a copy of the report of the Auditor-General to be laid before the Assembly within 15 sitting days after their receipt by the appropriate Minister.

(4) The first report to be prepared under this section shall be a report for the period commencing on the date of commencement of this section and ending at the expiration of 30 June 1990.

Division 3—Public authorities not required to keep accounts in accordance with commercial practice

Bank accounts