Commonwealth Numbered Acts

INDUSTRIES ASSISTANCE COMMISSION ACT 1973 No. 169 of 1973 - SECT 45

45. (1) The Commission shall, not later than ninety days after 1 July in each
year, furnish to the Minister a report (in this section referred to as an
''annual report'') on the operations of the Commission (including the
operations of Commissioners or Associate Commissioners under Part IV) during
that year.

(2) In an annual report, the Commission shall, so far as practicable, also
report on-

   (a)  the assistance provided to industries by the Australian Government and
        the effect of that assistance on the development of those industries;

   (b)  the economic performance of those industries and the principal factors
        affecting that performance; and

   (c)  the general effect on the Australian economy of the provision of that
        assistance.

(3) An annual report shall not include recommendations for changes in the
nature or extent of the assistance provided by the Australian Government to
particular industries but may include recommendations for changes in the
nature or extent of the assistance provided by the Australian Government to
industries generally.

(4) The Minister shall cause a copy of each annual report to be laid before
each House of the Parliament within fifteen sitting days of that House after
the date of receipt of the report by the Minister.

(5) The copy of an annual report so laid before a House of the Parliament
shall be accompanied by a statement by the Minister setting out what action,
if any, has been taken during the year to which the annual report relates in
respect of each report made to the Minister by the Commission, or by a
Commissioner or Associate Commissioner under Part IV, during that year or a
preceding year.