Commonwealth Numbered Acts

AUSTRALIAN DEVELOPMENT ASSISTANCE AGENCY (REPEAL) ACT 1977 No. 24 of 1977 - SECT 10

10. (1) The Minister shall, as soon as practicable after the commencing day,
prepare a report of the operations of the Agency during the period that
commenced on 1 July 1976 and ended immediately before the commencing day (in
this section referred to as the ''relevant period''), together with financial
statements in respect of that period in such form as the Treasurer approves.

(2) The Minister shall submit the financial statements prepared in accordance
with sub-section (1) 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 Agency during the relevant period were in
        accordance with the repealed Act; and

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

(3) The Minister shall cause the report and financial statements prepared in
accordance with sub-section (1), together with the report of the
Auditor-General, to be laid before each House of the Parliament within 15
sitting days of that House after receipt by the Minister of the report from
the Auditor-General.
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