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s 8

Reporting

In force

8 Reporting

(1)

This section applies in relation to a public authority—

(a)

that is a government department; or

(b)

that is a statutory authority that has a governing body.

(2)

If a public authority to which this section applies makes a payment of interest under this Act in any month, the Chief Executive of the public authority must furnish a report with respect to the payment of the interest to—

(a)

in the case of a government department—the Minister with responsibility for the department; or

(b)

in any other case—the governing body of the public authority.

(3)

The report—

(a)

must contain any information required under a Treasurer's instruction; and

(b)

must be furnished—

(i)

in the case of a report under subsection (2)(a)—within 21 days after the end of the month in which the payment is made; or

(ii)

in the case of a report under subsection (2)(b)—at the next regular meeting of the governing body of the public authority occurring after the end of the month in which the payment is made.

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