Document ID: chunk:federal_register_of_legislation:C2004A05097:clause:1_8ad
Version: federal_register_of_legislation:C2004A05097
Segment Type: clause
Provision Reference: sch 1 cl 8AD
Character Range: 16992–18019

8AD  Financial statements

 (1) The Minister may give Telstra a written direction requiring Telstra to give the Minister a specified financial statement or statements for a specified period or for each specified period.

 (2) Telstra must comply with a direction under subsection (1).

 (3) The following are examples of periods that may be specified under subsection (1):
 (a) the first 3 months of each financial year;
 (b) the first 6 months of each financial year;
 (c) the first 9 months of each financial year;
 (d) each financial year.

 (4) The members of the Board must:
 (a) prepare each statement in accordance with written guidelines given to the Board by the Minister; and
 (b) give the statement to the Minister within 2 months after the end of the period to which the statement relates.

 (5) The Minister may grant extensions of time in special circumstances.

 (6) In this section:

financial statements includes financial statements for the group consisting of:
 (a) Telstra; and
 (b) Telstra subsidiaries.