Document ID: chunk:federal_register_of_legislation:C2013A00072:clause:2_13
Version: federal_register_of_legislation:C2013A00072
Segment Type: clause
Provision Reference: sch 2 cl 13
Character Range: 10461–12131

13  Final annual report of the old Council
(1) The members of the new Board must prepare a report in accordance with Schedule 1 to the Commonwealth Authorities and Companies Act 1997 for the old Council for the transitional reporting period.
(2) However, the report need not cover a period that has already been covered by a report given to the Minister by the members of the old Council under section 9 of the Commonwealth Authorities and Companies Act 1997.
(3) The report must include the matters described in subsection 38(1) of the old Act as in force immediately before the transition time.
(4) Schedule 1 to the Commonwealth Authorities and Companies Act 1997, and the Finance Minister's Orders referred to in that Schedule, apply in relation to the report as if:
 (a) references in that Schedule, or those Orders, to the directors were references to the members of the new Board; and
 (b) references in that Schedule, or those Orders, to an annual report were references to the report; and
 (c) references in that Schedule, or those Orders, to a financial year were references to the transitional reporting period.
(5) The members of the new Board must give the report to the Minister by the 15th day of the fourth month after the end of the transitional reporting period. The Minister may grant an extension of time in special circumstances.
(6) The Minister must table the report in each House of the Parliament as soon as practicable.
(7) In this item:
transitional reporting period means the period beginning at the start of the financial year before the financial year in which the transition time occurs and ending immediately before the transition time.