New South Wales Consolidated Acts

PUBLIC FINANCE AND AUDIT ACT 1983 - SECT 45EA

45EA Variation of requirements

(1) If, after consulting the Auditor-General, the Treasurer is satisfied that compliance with a provision of this Act or the regulations which relates to the form or content of a financial report:

(a) would render a financial report of a Department misleading, or

(b) would be inappropriate to the circumstances of a Department, or

(c) would impose unreasonable burdens on a Department,

the Treasurer may, by notice in writing, exempt the Department from compliance with the provision or declare that the provision applies to it as if omitted, or modified or varied in a specified manner.

(2) An exemption, omission, modification or variation under this section:

(a) may be specific or general, and

(b) may be made in respect of a single Department or a class of them, and

(c) may be made on such terms and conditions as the Treasurer thinks fit, and

(d) may be revoked or varied by the Treasurer in relation to a Department by notice in writing.