New South Wales Consolidated Acts

CENTRAL COAST WATER CORPORATION ACT 2006 - SECT 45

45 Annual reports and financial reports

(1) The provisions of Divisions 2 and 3 of Part 3 of Chapter 13 of the Local Government Act 1993 apply to and in respect of the Corporation in the same way as they apply to and in respect of a council.

(2) Within 5 months after the end of each financial year, the Corporation must prepare a report as to its achievements with respect to the objectives and performance targets set out in its statement of corporate intent in relation to that year.

(3) Each annual report is to include a section that:

(a) identifies any actual departures from those performance targets, and

(b) sets out the reasons for each of those departures.

(4) Copies of the Corporation’s annual report must be furnished to the Minister and to such other persons and bodies as are required by the regulations to be furnished with the report.