Document ID: chunk:federal_register_of_legislation:F2025C00077:reg:16f
Version: federal_register_of_legislation:F2025C00077
Segment Type: reg
Provision Reference: reg 16F
Character Range: 61362–63853

16F  Annual performance statements for Commonwealth entities

      Guide to this section
      The purpose of this section is to set out matters that the accountable authority of a Commonwealth entity must include in the entity's annual performance statements.
      The annual performance statements may also include other matters and, for some Commonwealth entities, the entity's enabling legislation may require that other matters be included in the performance statements.
      A Commonwealth entity's corporate plan and any Portfolio Budget Statement, Portfolio Additional Estimates Statement or other portfolio estimates statement for a reporting period set out how the entity's performance will be measured and assessed in achieving the entity's purposes in the reporting period. The entity's annual performance statements, which set out the results of that measurement and assessment, are included in the entity's annual report for the reporting period. The measurement and assessment relate only to that particular reporting period, even though the corporate plan sets out how the entity's performance will be measured and assessed for at least 4 reporting periods.
      This section is made for subsection 38(2) and paragraph 39(2)(b) of the Act.

Measuring and assessing entity's performance
 (1) In preparing the annual performance statements for a Commonwealth entity for a reporting period, the accountable authority of the entity must measure and assess the entity's performance in achieving the entity's purposes in the reporting period in accordance with the method of measuring and assessing the entity's performance in the reporting period that was set out in the entity's corporate plan, and in any Portfolio Budget Statement, Portfolio Additional Estimates Statement or other portfolio estimates statement, that were prepared for the reporting period.
Note: Annual performance statements for a Commonwealth entity must be prepared for a reporting period for the entity and included in the entity's annual report for that reporting period (see subsection 39(1) of the Act).

Matters that must be included in annual performance statements
 (2) The following table sets out the matters that must be included in the annual performance statements for a Commonwealth entity:

Matters to be included in a Commonwealth entity's annual performance statements
Item                                                                             Topic       Matters to be included