Information to be contained in reports about derivative transactions—Act, s 86

Current

For section 86(2) of the Act, a report about a derivative transaction administered by a department must contain the following information—

(a)

details adequate to identify the transaction;

(b)

a statement of the underlying exposure the department is using the transaction to hedge against;

(c)

details of—

(i)

the Treasurer’s approval for the transaction; and

(ii)

how the conditions of the Treasurer’s approval are being complied with; and

(iii)

realised or unrealised gains or losses from the transaction.

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