Commonwealth Numbered Acts

SUPERANNUATION ACT 1976 No. 31, 1976 - SECT 161

161. (1) The Trust shall, as soon as practicable after each 30 June, prepare a
report on the management of the Fund by the Trust during the year ended on
that day, together with financial statements in respect of that year in such
form as the Treasurer approves, and furnish the report and financial
statements to the Commissioner for transmission by him to the Treasurer with
the report prepared by him in accordance with subsection 162 (1).

(2) Before furnishing the financial statements to the Commissioner, the Trust
shall submit them to the Auditor-General, who shall report to the Treasurer-

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

   (b)  whether the statements are in agreement with the accounts and records
        and show fairly the financial transactions and the state of the Fund;

   (c)  whether the receipt of moneys into the Fund, and the payment of moneys
        out of the Fund and the investment of moneys standing to the credit of
        the Fund, 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.

(3) The Commissioner shall furnish to the Trust such information as is in his
possession and is necessary for the purpose of enabling the Trust to prepare
the financial statements referred to in sub-section (1).