Public Governance, Performance and Accountability Rule 2014

CHAPTER 2 - COMMONWEALTH ENTITIES AND THE COMMONWEALTH  

PART 2-3 - PLANNING, PERFORMANCE AND ACCOUNTABILITY  

Division 4 - Special reporting requirements when Commonwealth entity has ceased to exist or functions have been transferred  

Subdivision A - Commonwealth entity has ceased to exist  

SECTION 17B   COMMONWEALTH ENTITY HAS CEASED TO EXIST - NONE OF ITS FUNCTIONS HAS BEEN TRANSFERRED  

17B(1)    
If:

(a)    a Commonwealth entity (the old entity ) has ceased to exist; and

(b)    none of its functions has been transferred to other Commonwealth entities;

the Finance Minister may, in writing, nominate the accountable authority of a Commonwealth entity (the nominated entity ) to report for the old entity.

17B(2)    
If the Finance Minister does so, the accountable authority of the nominated entity must:

(a)    prepare the annual performance statements, annual financial statements and annual report for the old entity that the accountable authority of the old entity would have been required to prepare had the old entity not ceased to exist; and

(b)    include a copy of the annual performance statements in the annual report; and

(c)    give the annual financial statements to the Auditor-General as soon as practicable after they are prepared; and

(d)    give the annual report to the nominated entity ' s responsible Minister, for presentation to the Parliament.