New South Wales Consolidated Acts

GOVERNMENT SECTOR FINANCE ACT 2018 - SECT 2.10

2.10 Annual reporting periods for GSF agencies

(1) Subject to any determination of the Treasurer under this section, the
"annual reporting period" for a GSF agency is--

(a) the period of 12 months commencing on 1 July in any year, or

(b) if a different period is specified as the agency's financial year by its constituent Act--that specified period.

(2) The Treasurer may, by written notice given to the accountable authority for a GSF agency, determine a different annual reporting period for the GSF agency than that referred to in subsection (1) to facilitate--

(a) reporting for the first annual reporting period for a new GSF agency, or

(b) reporting for the final annual reporting period for a GSF agency or former GSF agency, or

(c) synchronisation with the annual reporting periods of other GSF agencies for the purposes of consolidated reporting.

(3) The determination may--

(a) specify any of the following periods--

(i) 12 months or less,

(ii) more than 12 months (but not more than 18 months), or

(b) specify a period for all provisions (or specified provisions) of this Act.

(4) Before making a determination for the purposes of subsection (2), the Treasurer must consult both the Auditor-General and the responsible Minister for a GSF agency in accordance with section 3.5 about any proposed determination.