(1) A statutory body may, at any time within the period of 3 months after the
end of the financial year of the statutory body, apply to the Treasurer for an
extension of the period within which it is required to comply with section 8
or 10.
(2) An application under subsection (1) shall include detailed reasons
and other relevant information in support of the application.
(3) The
Treasurer may, after consultation with the appropriate Minister, extend a
period within which a statutory body is required to comply with section 8 or
10 or any requirement of those sections.
(4) Where, in relation to a
statutory body, the Treasurer extends a period within which a statutory body
is required to comply with section 8 or 10 or any requirement of those
sections, the statutory body shall comply with section 8 or 10 or the
requirement, as the case may require, within the extended period.
(5) Where,
in relation to a statutory body, the Treasurer:
(a) under section 42 of the
Public Finance and Audit Act 1983 , extends a period within which a
statutory body is required to comply with section 41A or 41C of that Act or
any requirement of those sections, as the case may be, or
(b) under this
section, extends a period within which a statutory body is required to comply
with section 8 or 10 or any requirement of those sections, as the case may be,
the statutory body shall include in the annual report in respect of which the
extension is granted particulars of the extension.