GOVERNMENT SECTOR FINANCE ACT 2018 - SECT 7.10 Application of Division

GOVERNMENT SECTOR FINANCE ACT 2018 - SECT 7.10

7.10 Application of Division

(1) Application to certain entities This Division applies in relation to reporting GSF agencies.

(2) This Division also extends to universities and their controlled entities (which are to be treated as reporting GSF agencies for the purposes of this Division).

Note : Section 9.11 enables the delegation of functions conferred or imposed on the accountable authority for a university and its controlled entities as well as by accountable authorities for GSF agencies.

(3) However, this Division does not apply in relation to reporting GSF agencies to the extent that the application of the Division to them is excluded by or under the regulations or the Treasurer's directions.

(4) Relationship with other legislation Without limiting section 7.1 (1), this Part does not prevent--

(a) annual reporting information of 2 or more reporting GSF agencies being combined in the annual reporting information for one of them if required or permitted by other legislation, or

(b) the modification by other legislation of a requirement under this Division to give annual reporting information to the responsible Minister for a reporting GSF agency (for example, by requiring the information to be given directly to Parliament instead of the Minister), or

(c) the inclusion of additional information in the annual reporting information for a GSF agency if required or permitted by other legislation, or

(d) the preparation of annual reporting information for an entity other than a reporting GSF agency if required or permitted by other legislation.

(5) Combined information If the regulations or other legislation or the Treasurer's directions require or permit annual reporting information of 2 or more reporting GSF agencies to be combined in the annual reporting information for one of them (the
"lead agency" ), it is sufficient compliance with this Division if--

(a) only the combined information is prepared for each of the agencies, and

(b) the combined information is given only to the responsible Minister for the lead agency even if the responsible Minister for any of the other agencies is different.

Note : Section 7.11 (2) enables the regulations or the Treasurer's directions to make provision for or with respect to the preparation, content and presentation of annual reporting information (including when annual reporting information of 2 or more reporting GSF agencies is combined).