Regulation dissolving statutory TAFE institute
53 Regulation dissolving statutory TAFE institute
This section applies if all the assets and liabilities of a statutory TAFE institute have become the assets and liabilities of another relevant TAFE entity or have been otherwise disposed of by the statutory TAFE institute.
A regulation may—
dissolve the statutory TAFE institute; and
make provision about—
any matter relating to the dissolution for which it is necessary or convenient to make provision; and
the preparation of the institute’s final statements and report; and
access to information and documents for preparing the institute’s final statements and report; and
the entity that is to prepare the institute’s final statements and report.
Subsection (2)(b)(iv) applies despite the Financial and Performance Management Standard 2009, sections 48(1) and 53.
In this section—
final statements and report, of a statutory TAFE institute, means its final financial statements and final report under the FA Act, sections 62 and 63.
This provision refers to the regulations (A regulation
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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