Public Governance, Performance and Accountability Rule 2014
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Hide history noteIf: (a) a Commonwealth entity (the old entity ) has ceased to exist; and (b) some, but not all, of its functions have been transferred to one or more 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 in relation to the function or functions (the non-transferred functions ) that have not been transferred.
17C(2)
If the Finance Minister does so, the accountable authority of the nominated entity must: (a) prepare annual performance statements for the old entity as follows:
(i) subject to subparagraph (ii) , the statements must be the annual performance statements that the accountable authority (the old accountable authority ) of the old entity would have been required to prepare had the old entity not ceased to exist;
(b) prepare the annual financial statements for the old entity that the old accountable authority would have been required to prepare had the old entity not ceased to exist, to the extent that the functions of the old entity have not been transferred to other Commonwealth entities; and (c) prepare an annual report for the old entity as follows:
(ii) the statements must only include information about the old entity ' s performance of the non-transferred functions; and
(i) subject to subparagraph (ii) , the report must be the annual report that the old accountable authority would have been required to prepare had the old entity not ceased to exist;
(d) include a copy of the annual performance statements in the annual report; and (e) give the annual financial statements to the Auditor-General as soon as practicable after they are prepared; and (f) give the annual report to the nominated entity ' s responsible Minister, for presentation to the Parliament.
(ii) the report must only include information relating to the non-transferred functions; and
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