Commonwealth Numbered Acts

DEFENCE FORCE (PAPUA NEW GUINEA) RETIREMENT BENEFITS ACT 1973 No. 86 of 1973 - SECT 22

22. (1) The Board shall, as soon as practicable after the end of each
financial year, submit to the Minister a report of its operations during that
year, together with financial statements in respect of that year in such form
as the Treasurer approves.

(2) Before submitting financial statements under sub-section (1), the Board
shall submit them to the Auditor-General, who shall report to the Minister-

   (a)  whether the statements are based on proper accounts and records;

   (b)  whether the statements are in agreement with the accounts and records;

   (c)  whether the receipt, expenditure and investment of moneys, and the
        acquisition and disposal of assets, by the Board during the year have
        been in accordance with this Act; and

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

(3) The Minister shall cause the report and financial statements of the Board,
together with the report of the Auditor-General, to be laid, as soon as
practicable after their receipt by the Minister, before each House of the
Parliament and before the House of Assembly of Papua New Guinea.

(4) The first report and financial statements of the Board under this section
shall be submitted to the Minister as soon as practicable after the 30th June
next following the commencement of this Act, and shall relate to the
operations of the Board during the period that commenced on the commencement
of this Act and ended on that date.