Western Australian Consolidated Acts

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WATER CORPORATION ACT 1995 - SECT 61

61 .         Contents of annual reports

        (1)         The annual report in respect of the corporation or a subsidiary must — 

            (a)         contain such information as is required to be included in the report by the Minister to enable an informed assessment to be made of the operations of the corporation or the subsidiary;

            (b)         include a comparison of the performance of the corporation or the subsidiary with any relevant statement of corporate intent;

            (c)         include particulars of any directions given by the Minister under section 45(3), 48(2), 54(3), 57(2), 64(1), 70(4) or 79(3) or (6) — 

                  (i)         that apply to the corporation or the subsidiary; and

                  (ii)         were given during the relevant financial year, or at any other time to the extent that they continued to be material during that year;

                and

            (d)         include particulars of the impact on the financial position, profits and losses and prospects of the corporation or the subsidiary of any modifications to — 

                  (i)         the statement of corporate intent; and

                  (ii)         any directions given by the Minister under section 64(1),

                that were given during the relevant financial year.

        (2)         The annual report in respect of the corporation must also include a summary of the report referred to in section 25.

        (3)         The requirements of this section are in addition to clauses 35 and 36 of Schedule 3.



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