Commonwealth Consolidated Acts

ANGLO-AUSTRALIAN TELESCOPE AGREEMENT ACT 1970 - SECT 19

             (1)  The financial statements to be furnished by the Board in accordance with Article 8 of the Principal Agreement shall be in such form as the parties to the Agreement approve, and the Minister shall cause a copy of the financial statements so furnished in respect of any financial year to be submitted to the Auditor‑General, who shall report to the Minister:

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

                     (b)  whether the statements are in agreement with the accounts and records;

                     (c)  whether the receipt and expenditure of moneys, and the acquisition and disposal of assets, by the Board during the year have been in accordance with this Act and the Agreement; and

                     (d)  as to such other matters arising out of the statements as the Auditor‑General considers should be reported to the Minister.

             (2)  The Minister shall cause a copy of each report on the operations of the Board furnished in accordance with Article 8 of the Principal Agreement and of the financial statements furnished with the report, together with the report of the Auditor‑General on those financial statements, to be laid before each House of the Parliament with fifteen sitting days of that House after receipt by the Minister of the report of the Auditor‑General.

             (3)  The approval of the Government of the Commonwealth to the form of the financial statements to be furnished by the Board shall be given by the Minister for Finance.