Western Australian Current Regulations Western Australian Current Regulations (1) The annual
reporting provisions apply as if amended as set out in this regulation in
relation to the requirement in section 211(2) of the Act that the EGRC
comply with those provisions as if each of the periods referred to in
section 211(2) of the Act were a financial year.
(2) Delete
Schedule 4 Division 3 Subdivision 1 of the Act and insert:
Subdivision 1 — Financial reports
6. Preparation of financial reports
(1) The EGRC must
prepare —
(a) a
financial report for the period referred to in section 211(2)(a); and
(b) a
financial report for the period referred to in section 211(2)(b).
(2) Each financial
report must be prepared —
(a)
before 30 September 2014; and
(b) in
accordance with Accounting Standard AASB 134 Interim Financial Reporting
made under the Corporations Act section 334.
The EGRC is not
required to have either financial report audited by the Auditor General.
(3) Delete
Schedule 4 clause 32 of the Act and insert:
32. Deadline for reporting to Minister
(1) In
subclause (2) —
annual report means —
(a) the
annual report required by section 107 for the period referred to in
section 211(2)(a); or
(b) the
annual report required by section 107 for the period referred to in
section 211(2)(b);
prescribed day , in relation to an annual report,
means the tenth working day after the day on which the report is completed.
(2) The EGRC must, as
soon as practicable but not later than the close of business on the prescribed
day, send to the Minister a copy of an annual report.
(4) Delete
Schedule 4 clause 33(b) and (c) of the Act.