Page 1791 - Week 07 - Tuesday, 29 May 1990

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TREASURER FOR THE AUSTRALIAN CAPITAL TERRITORY

LEGISLATIVE ASSEMBLY QUESTION

Public Authorities

Question No 133

MS FOLLETT - asked the Treasurer upon notice on 24 April 1990:

(1) What public authorities have been declared by (a) a law of

the Territory, or (b) a regulation under sub section 87(2) of the

Audit Act 1989, to be a public authority to which a Division of

Part IX of the Act applies.

(2) What Division applies to each of the authorities so

declared.

MR KAINE - The answer to the members question is as follows:

(1) & (2) - No public authorities have been declared to be public authorities to which a Division of Part IX of the Audit Act 1989 applies.

This Government has given its approval to the preparation of legislation which will have the effect, by a law amending the enabling legislation of the public authorities listed below, of bringing these authorities under the provisions of a Division of Part IX of the Audit Act 1989.

This legislation, which will be retrospective to Self-Government Day, will reflect in the ACT the audit situation for these authorities which applied under the Commonwealth regime. Exceptions to this are the elimination of the Bush Fire Council which has been subsumed into an on-budget program, and the inclusion of the Casino Surveillance Authority which is a newly created body.

The legislation will also clarify the timing of the preparation of financial statements and reporting for the transitional period from 1 July 1988 to 10 May 1989 and from 11 May 1989 to 30 June 1990.

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