Queensland Consolidated Acts Queensland Consolidated Acts(1) A statutory body must--
(a) prepare annual financial statements for the financial year in accordance with the prescribed requirements, whether as general purpose financial statements or in another way required by the prescribed requirements; and
(b) give the statements to the auditor-general.
(2) Section 46FA states when the statutory body must give the statements to the auditor-general.
(3) The chairperson of the statutory body and the person responsible for the financial administration of the statutory body (the officers) must each certify on the statements whether, in their opinion--
(a) the prescribed requirements for establishing and keeping the accounts have been complied with in all material respects; and
(b) for--
(i) general purpose financial statements--the statements have been drawn up to present a true and fair view, in accordance with prescribed accounting standards, of the statutory body's transactions for the financial year to which they relate and of the financial position at the end of the year; or
(ii) other financial statements--the statements have been drawn up to present a true and fair view of the statutory body's transactions for the financial year to which they relate and of the financial position at the end of the year.
(5) The general purpose financial statements prepared under subsection (1) must include consolidated financial statements for the statutory body and its controlled entities if the financial management standards or prescribed accounting standards require that they be included.
(6) If subsection (5) applies to the statutory body, the certificate under subsection (3) must be made in relation to the consolidated financial statements.
(7) Unless otherwise authorised by the appropriate Minister, the annual financial statements of a statutory body or copies thereof shall not be made available to any person other than the auditor-general or a person acting in aid of the auditor-general, the appropriate Minister or a person acting in aid of the appropriate Minister or a member, officer or employee of the statutory body until the statements have been audited and a report given to the statutory body under section 46G.
(8) When the annual financial statements of a statutory body have been audited and a report prepared under section 46G, the statutory body must publish the statements and the report in a way the appropriate Minister directs.
(9) All copies of the financial statements and reports published under subsection (8) must be true copies and the certificate of the officers under subsection (3) must be included in the financial statements.