Commonwealth Numbered Acts

HONEY MARKETING ACT 1988 No. 33 of 1988 - SECT 59

59. (1) The Board shall, as soon as practicable after 30 June 1989 and each
later 30 June, prepare and give to the Minister a report on the operation of
this Act during the financial year that ended on that day, together with
financial statements for that year in such form as the Minister for Finance
approves.

(2) Without limiting the generality of the matters to be included in an
annual report, an annual report in respect of a financial year commencing
after 30 June 1989 shall include:

   (a)  an assessment of the extent to which the operations of the Board
        during that year have contributed to the objectives set out in the
        corporate plan and the annual operational plan that were in force
        during that year; and

   (b)  particulars of any variations to a corporate plan agreed to by the
        Minister under section 11, and any variations to an
        annual operational plan agreed to by the Minister under section 12,
        during that year.

(3) Before submitting financial statements to the Minister, the Board shall
submit them to the Board's auditor, who shall report to the Minister:

   (a)  whether, in the auditor's opinion, the statements are based on proper
        accounts and records;

   (b)  whether the statements are in agreement with the accounts and records
        and, in the auditor's opinion, show fairly the financial transactions
        and the state of the affairs of the Board;

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

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

(4) The Minister shall cause the annual report and financial statements,
together with the report of the Board's auditor, to be laid before each House
of the Parliament within 15 sitting days of that House after their receipt by
the Minister.