Commonwealth Numbered Acts Commonwealth Numbered ActsAnnual report to be given to Minister
(1) The National VET Regulator must, as soon as practicable after 30 June in each financial year, prepare and give to the Minister, for presentation to the Parliament, a report (an annual report ) relating to the performance of the Regulator's functions during the year.
Note: See also section 34C of the Acts Interpretation Act 1901 , which contains provisions about annual reports.
(2) For the purposes of subsection (1), the period beginning on the day this section commences and ending on 30 June 2012 is taken to be a financial year.
Contents of annual report
(3) The National VET Regulator must include the following in the annual report relating to a financial year:
(a) an assessment of the extent to which the Regulator's operations during the year have contributed:
(i) to the objectives set out in the strategic plan applicable for the year; and
(ii) to the objectives set out in the annual operational plan for the year;
(b) particulars of variations (if any) of the strategic plan and the annual operational plan taking effect during the year;
(c) an evaluation of the Regulator's performance during the year against the key performance indicators agreed by the Minister;
(d) an evaluation of the Regulator's overall performance during the year against the other performance indicators set out in the annual operational plan for the year;
(e) a statement about the Regulator's compliance, during the year, with the Standards for VET Regulators;
(f) a report on whether the service standards have been met by the Regulator during the year, including reasons in any case where the service standards have not been met;
(g) details of the number of directions given to the Regulator by the Minister during the year;
(h) details of the number and types of matters relating to vocational education and training which the Commonwealth, State and Territory Education Ministers referred to the Regulator during the year;
(i) details of the number and types of matters relating to vocational education and training which the Ministerial Council referred to the Regulator during the year;
(j) a general description of the Regulator's response to the matters mentioned in paragraphs (h) and (i);
(k) the financial statements required by section 49 of the Financial Management and Accountability Act 1997 ;
(l) an audit report on those statements under section 57 of the Financial Management and Accountability Act 1997 .
(4) The Minister must give a copy of the report to the relevant Minister for each of the parties to the Ministerial Council (other than the Commonwealth) at the same time as the report is presented to the Parliament.