Commonwealth Consolidated Acts

COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997 - SECT 41

             (1)  The directors of a wholly‑owned Commonwealth company must:

                     (a)  keep the responsible Minister informed of the operations of the Commonwealth company and its subsidiaries; and

                     (b)  give the responsible Minister such reports, documents and information in relation to those operations as the responsible Minister requires; and

                     (c)  give the Finance Minister such reports, documents and information in relation to those operations as the Finance Minister requires.

             (2)  The directors must comply with requirements under paragraphs (1)(b) and (c) within the time limits set by the Minister concerned.