Appropriate Minister or authority to give Treasurer and auditor-general information about public sector entities
33 Appropriate Minister or authority to give Treasurer and auditor-general information about public sector entities
This section applies if—
a public sector entity is established or abolished (a notifiable event); or
an entity becomes a public sector entity or stops being a public sector entity (also a notifiable event).
If the public sector entity is a GOC or a prescribed subsidiary of a GOC, the board of the GOC or the subsidiary must give the auditor-general a written notice about the notifiable event.
For other public sector entities, the appropriate Minister for the public sector entity must give the Treasurer and the auditor-general a written notice about the notifiable event.
For all public sector entities if the auditor-general asks the Minister, or for a GOC, the shareholding Ministers of the corporation, for information about the public sector entity, the Minister or shareholding Ministers must give the auditor-general the information.
This section does not apply to a public sector entity that is, or is a part of, a department.
In this section—prescribed subsidiary means a subsidiary prescribed under a regulation.
This Act’s bill:Explanatory memorandumSecond reading speech
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