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Legislative Assembly for the ACT: 2003 Week 11 Hansard (21 October) . . Page.. 3880..


Schedules of amendments

Schedule 1

Financial Management Amendment Bill 2003 (No 2)

Amendments moved by Mr Stefaniak


1

Clause 5

Proposed new clause 11 (1) (f)

Page 3, line 6-

insert

(f) an audit report on the proposed budget under section 11B.


2

Clause 5

Proposed new clauses 11B and 11C

Page 6, line 4-

insert

11B Audit report on budget

(1) The auditor-general must review the financial statements included in the proposed budget for the Territory for a financial year and report to the Legislative Assembly on whether it appears that-

(a) the statements have been prepared on a basis consistent with the accounting policies on which they are stated to be based; and

(b) the statements are consistent with the targets specified in the financial policy objectives and strategies statement under section 11A for the financial year; and

(c) the statements have been properly prepared on the basis of the economic or other assumptions contained in the statement under section 11 (1) (b) for the proposed budget.

(2) The auditor-general must state in the report whether the auditor-general considers the methodology used to decide the economic or other assumptions contained in the statement under section 11 (1) (b) was reasonable.

(3) The auditor-general must give the report to the Treasurer a reasonable time before it is required to be presented to the Legislative Assembly under section 10 (a) (Budget papers).

(4) The Auditor-General Act 1996, section 18 (Proposed reports) does not apply to a report under this section.

Schedule 2

Financial Management Amendment Bill 2003 (No 2)

Amendments moved by Ms Tucker


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