Commonwealth Numbered Acts

COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 No. 153 of 1997 - SECT 36

(1) At least 14 days before each annual general meeting, a Commonwealth
company must give the responsible Minister:

   (a)  a copy of the company's annual report that includes the company's
        annual general meeting documents (or, if there is no such annual
        report, a copy of the company's annual general meeting documents); and

   (b)  any additional report under subsection (2). For this purpose, annual
        general meeting documents means the documents relating to a financial
        year that the company is required by the Corporations Law to lay
        before its annual general meeting. Maximum penalty: 50 penalty units.
        Note 1: Chapter 2 of the Criminal Code sets out the general principles
        of criminal responsibility. Note 2: Section 4AA of the Crimes Act 1914
        sets the current value of a penalty unit.

(2) If the auditor's report required by the Corporations Law was prepared by
an auditor other than the Auditor-General, subsection (1) also requires the
company to give a report by the Auditor- General on the financial statements.

(3) In preparing a report for the purposes of subsection (2), the
Auditor-General must use the same Corporations Law rules as applied to the
report by the other auditor.

(4) If the Commonwealth company is a wholly-owned Commonwealth company, the
responsible Minister must table the documents in each House of the Parliament
as soon as practicable after receiving them. In all other cases, the Minister
must table the documents in each House of the Parliament as soon as
practicable after the annual general meeting of the company.

(5) The regulations may make provision dealing with how this section applies
to a Commonwealth company that is not required to hold an annual general
meeting or in relation to which an auditor's report is not required to be
prepared.

(6) Without limiting the generality of subsection (5), regulations for the
purposes of that subsection may provide that this section applies with
specified modifications.