Document ID: chunk:federal_register_of_legislation:F2024L00670:reg:12:p2
Version: federal_register_of_legislation:F2024L00670
Segment Type: reg
Provision Reference: reg 12 (pt 2/2)
Character Range: 23383–25763

of this Determination.
       (3)    The auditor's report must specify whether in the auditor's opinion the CEO's financial statement:
            (a)    is based on the funding recipient's proper accounts and records;
            (b)    is in agreement with the funding recipient's accounts and records;
            (c)    properly accounts for actual expenditure on Roads to Recovery projects that are for the construction and/or maintenance of roads; and
            (d)    properly accounts for own source expenditure on the construction and/or maintenance of roads.
       (4)    The CEO's statement of accountability must provide a declaration to confirm, during the financial year to which the statement relates, that:
            (a)    all reported amounts expended have been in respect of Roads to Recovery projects that are for the construction and/or maintenance of roads;
            (b)    in respect of own source expenditure:
                (i)            the reported own source expenditure meets the reference amount; or
                (ii)            if any exemption has been granted and if a replacement condition was issued in the previous financial year, that the replacement condition has been met;
            (c)    the Roads to Recovery projects have been completed and the outcomes achieved as recorded in the works schedule and provide a description that summarises the outcomes achieved using Roads to Recovery payments; and
            (d)    the funding recipient has otherwise fulfilled the conditions in this Determination during the financial year, including in respect of:
                (i)            work scheduling per section 6 of this Determination;
                (ii)            payments and expenditure of payments per sections 7 and 9 of this Determination; and
                (iii)            public information per section 13 of this Determination; or
            if any exemption has been granted and, if a replacement condition was issued in the previous financial year, that the replacement condition has been met.
       (5)    Despite subsection 12(1), a funding recipient is not required to include an auditor's report or CEO's statement of accountability in an annual report for a financial year where it does not receive, spend or retain any Roads to Recovery payments in the financial year to which the report relates.