BELL GROUP COMPANIES (FINALISATION OF MATTERS AND DISTRIBUTION OF PROCEEDS) ACT 2015 - SECT 38

BELL GROUP COMPANIES (FINALISATION OF MATTERS AND DISTRIBUTION OF PROCEEDS) ACT 2015 - SECT 38

38 .         Reports to the Minister on property and liabilities

        (1)         The Authority must report to the Minister on the property and liabilities of each WA Bell Company, as finally determined by it under section 37, as soon as practicable after making the determination.

        (2)         The report under subsection (1) must contain any recommendations of the Authority under section 39 or 40.

        (3)         Before making a final determination under section 37, the Authority may make one or more interim reports to the Minister based on its preliminary determination of the property and liabilities of each WA Bell Company under section 37.

        (4)         The Authority must make a report under subsection (3) if directed to do so by the Minister.

        (5)         A report under subsection (3) may contain a description of any contingencies and uncertainties and any interim recommendations of the Authority under section 39 or 40.

        (6)         The Authority has absolute privilege in making a report under this section and in relation to any fact or matter stated in the report.

        (7)         A failure by the Authority to comply with any provision of this section does not invalidate a report made by it under this section.