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AUSTRALIAN NUCLEAR SCIENCE AND TECHNOLOGY ORGANISATION (TRANSITIONAL PROVISIONS) ACT 1987 No. 4 of 1987 - SECT 15

Annual report and financial statements
15. (1) If the Australian Atomic Energy Commission had not, before the
commencing day, furnished a report and financial statement in relation to the
operations of the Commission during the year that ended on 30 June last
preceding that day, the Board shall cause to be prepared a report and
financial statement on the operations of the Commission during that year in
accordance with section 31 of the Atomic Energy Act 1953 and, notwithstanding
the repeal of that section effected by this Act, that section continues in
force for the purpose of the preparation of that report and financial
statement as if-

   (a)  the reference to the Australian Atomic Energy Commission in
        sub-section 31 (1) were a reference to the Board;

   (b)  the reference in sub-section 31 (1) to operations continued to be a
        reference to the operations of the Australian Atomic Energy
        Commission;

   (c)  the reference to the Australian Atomic Energy Commission first
        occurring in sub-section 31 (2) were a reference to the Board; and

   (d)  the reference in sub-section 31 (3) to the report and financial
        statements of the Australian Atomic Energy Commission were a reference
        to the report and financial statements prepared by the Board in
        relation to the operations of the Australian Atomic Energy Commission.

(2) If the commencing day is a day other than 1 July, the report and financial
statement in relation to the operations of the Organisation during the year
ending on 30 June next following the commencing day that is required to be
prepared by section 63M of the Audit Act 1901 (as that section applies to the
Organisation by virtue of section 29 of the Australian Nuclear Science and
Technology Organisation Act 1987) shall extend to the operations of the
Australian Atomic Energy Commission during the part of that year that preceded
the commencing day.

(3) A report by the Organisation that relates to operations of the Australian
Atomic Energy Commission shall include any matters that would have been
required to be included in a report relating to those operations prepared
under section 31 of the Atomic Energy Act 1953 if the Australian Nuclear 
Science and Technology Organisation Act 1987 and this Act had not been
enacted. 


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