Commonwealth Consolidated Acts

COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 - SECT 38

             (1)  The Finance Minister may, by notice in the Gazette , require particular wholly‑owned Commonwealth companies or a class of wholly‑owned Commonwealth companies to give the responsible Minister either:

                     (a)  an interim report for the first 6 months of a financial year; or

                     (b)  an interim report for each of the following periods:

                              (i)  the first 3 months of each financial year;

                             (ii)  the first 6 months of each financial year;

                            (iii)  the first 9 months of each financial year.

             (2)  The interim report must include:

                     (a)  a report of operations, prepared by the directors in accordance with the Finance Minister's Orders; and

                     (b)  financial statements, prepared by the directors in accordance with the Finance Minister's Orders; and

                     (c)  a report prepared by the Auditor‑General in accordance with the regulations.

             (3)  The directors must give the interim report to the responsible Minister within 2 months after the end of the period to which the report relates.

             (4)  The responsible Minister may grant an extension of time in special circumstances.

             (5)  The responsible Minister must table the interim report in each House of the Parliament as soon as practicable.