(2) However, the provisions of a standard under the FAA about
resource management do not apply to a distributor-retailer.
Note—
See the
Financial and Performance Management Standard 2009 , part 2 , division 4
(General resource management).
(3) For applying the FAA , a reference in
that Act to a statutory body reporting to a Minister is taken to be a
reference to the distributor-retailer reporting, in the way provided for under
its participation agreement, to its participating local governments who are
also participants in the distributor-retailer.
(4) However, subsection (3)
does not apply if the reporting is for the purpose of tabling in the
Legislative Assembly.
(5) Any operational or strategic planning requirements
under a standard under the FAA are taken to have been complied with by a
distributor-retailer if the distributor-retailer complies with its planning
and reporting requirements.
