Estimates
56 Estimates
The NEPC executive officer is to prepare estimates, in such form as the council directs, of the service corporation’s receipts and expenditure for each financial year and, if the council so directs, for any other period specified by the council.
The executive officer must submit estimates so prepared to the council not later than such date as the council directs.
Except with the consent of the council, the money of the corporation must not be spent otherwise than in accordance with estimates of expenditure approved by the council.
A direction, consent or approval for this section is to be given by resolution of the council carried in accordance with section 27.
58 Special provisions relating to reports etc prepared under the Public Governance, Performance and Accountability Act 2013
A report prepared by the service corporation under the Public Governance, Performance and Accountability Act 2013 (Cwlth), section 46 must also contain such other information as is required by the council to be included in the report.
A copy of each report and of each set of financial statements given to the Commonwealth Minister under the Public Governance, Performance and Accountability Act 2013 (Cwlth), section 46 must also be given to each of the other members of the council as soon as practicable after the end of the financial year to which they relate.
This Act’s bill:Explanatory statement
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