Document ID: chunk:federal_register_of_legislation:C2004A00102:body:0:p17
Version: federal_register_of_legislation:C2004A00102
Segment Type: other
Provision Reference: 
Character Range: 39905–42634

all or any part of the detailed inspection and audit of any accounts or records referred to in sub-section (1).

(3) The Auditor-General shall, at least once in each year, report to the Minister the results of the inspection and audit carried out under sub-section (1).

(4) The Auditor-General, or an officer authorized by him, is entitled at all reasonable times to full and free access to all accounts, records, documents and papers of the Authority relating directly or indirectly to the receipt or payment of moneys by the Authority or to the acquisition, receipt, custody or disposal of assets by the Authority.

(5) The Auditor-General, or an officer authorized by him, may make copies of, or take extracts from, any such accounts, records, documents or papers.

(6) The Auditor-General, or an officer authorized by him, may require any person to furnish him with such information in the possession of the person or to which the person has access as the Auditor-General or authorized officer considers necessary for the purposes of the functions of the Auditor-General under this Act, and the person shall comply with the requirement.

(7) A person who contravenes sub-section (6) is guilty of an offence punishable, upon conviction, by a fine not exceeding $200.

Liability to taxation.
41. (1) The Authority is subject to taxation under the laws of Australia.

(2) Subject to sub-section (3), the Authority is not subject to taxation under a law of a State or of a Territory.

(3) The regulations may provide that sub-section (2) does not apply in relation to taxation under a specified law of a State or Territory.

(4) The Authority is not a public authority for the purpose of paragraph 23(d) of the Income Tax Assessment Act 1936-1973.

PART VI—MISCELLANEOUS

Reports to Minister.
42.  The Authority shall—

(a) from time to time inform the Minister concerning the general conduct of its operations; and

(b) furnish to the Minister such information relating to those operations as the Minister requires.

Petroleum exploration areas and minerals exploration areas.
43. (1) The Authority may, by notice published in the Gazette, declare an area of the Australian continental land mass to be a petroleum exploration area or a minerals exploration area for the purposes of this Act and may, from time to time, by notice published in the Gazette, alter the boundaries of such an area.

(2) Before commencing to explore for, or carry on operations for the recovery of—

(a) petroleum in a petroleum exploration area; or

(b) minerals in a minerals exploration area,

the Authority shall notify in the Gazette its intention to do so.

(3) The Authority shall not commence to explore for, or carry on operations for the