(1) The provisions of
the Financial Management Act 2006 and the Auditor General Act 2006 regulating
the financial administration, audit and reporting of statutory authorities
apply to and in respect of the arbitrator and the arbitrator’s
operations.
(2) Despite subsection
(1), any requirement under the Treasurer’s instructions (issued under
section 78 of the Financial Management Act 2006 ) that the arbitrator prepare
performance indicators is to be limited to the arbitrator’s management
functions (including financial management), and is not to apply to the
performance of any function referred to in section 73.
[Section 84 amended: No. 77 of 2006 Sch. 1 cl.
73(2) and (3).]