Document ID: chunk:federal_register_of_legislation:C2017C00269:section:94
Version: federal_register_of_legislation:C2017C00269
Segment Type: section
Provision Reference: s 94
Character Range: 104911–105673

94  Guide to this Part

      This Part is about planning by, and the accountability of, Commonwealth companies.
      Division 2 is about planning by Commonwealth companies. It requires the directors of a Commonwealth company to prepare a corporate plan for the company. It also requires the directors of a wholly‑owned Commonwealth company to prepare budget estimates for the company.
      Division 3 is about reporting by, and the accountability of, Commonwealth companies. It requires the directors of a Commonwealth company to prepare and give annual reports for the company to the responsible Minister. It also requires the directors to ensure that the financial statements of a subsidiary of the company are audited.

Division 2—Planning and budgeting