Document ID: chunk:federal_register_of_legislation:C2024C00345:section:323t
Version: federal_register_of_legislation:C2024C00345
Segment Type: section
Provision Reference: s 323T
Character Range: 540541–541889

323T  Reporting by administrator
 (1) The administrator of a scheme determined under subsection 323B(1) must give the Minister a report about the operation of the scheme:
 (a) no later than 6 months after the Construction and General Division and its branches are placed under administration by force of subsection 323A(1); and
 (b) at the end of every subsequent 6 month period until the administration ends.
 (2) A report must include:
 (a) a statement outlining the administrator's activities under this Part during the preceding 6 month period; and
 (b) a statement listing any transactions that occurred during the preceding 6 month period involving the Construction and General Division, or any of its branches, if the administrator is of the opinion that the transactions may be unlawful; and
 (c) a copy of a general purpose financial report that is relevant to the Construction and General Division and the preceding 6 month period; and
 (d) a copy of any other financial records of the Construction and General Division, or any of its branches, that the administrator considers appropriate to include in the report.
 (3) The Minister must table a copy of a report in each House of the Parliament within 15 sitting days of that House after the Minister receives it.

Part 3—Financial assistance and costs

Division 1—Financial assistance