Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) The Council must:
(a) within 6 months after the end of the financial year; or
(b) within any further period that the Minister allows,
prepare a report on the operations of the University during the financial year and forward it to the Minister.
(2) A report under subsection (1) must include any financial statement prepared under subsection (3).
(3) The Vice-Chancellor must:
(a) within 3 months after the end of the financial year; or
(b) within any further period that the Treasurer allows,
prepare a financial statement in respect of the operations of the University or functions of the University specified by the Treasurer in writing.
(4) A financial statement under subsection (3) must be prepared in the form that the Treasurer directs.
(5) The Vice-Chancellor must forward the financial statement to the Auditor-General.
(6) The Auditor-General must:
(a) audit the statement forwarded under subsection (5); and
(b) within 3 months after receiving the statement or any further period that the Administrator allows:
(i) report on the statement to the Minister; and
(ii) forward a copy of the report to the Vice-Chancellor.
(7) The Minister must table in the Legislative Assembly:
(a) the report under subsection (1); and
(b) the report of the Auditor-General under subsection (6),
within 6 sitting days of the Assembly after receiving the report of the Auditor-General.