21
CurrentAccounts and records
Part 3Administration
Division 2Finances of the Trust
21 Accounts and records
The Trust must keep proper accounts and records in relation to all its operations and must do all things necessary to ensure that all payments made by it are correctly made and properly authorized and that adequate control is maintained over the assets of, or in the custody of, the Trust and over the incurring of liabilities of the Trust.
The Trust is to prepare and forward to the Auditor-General a copy of its financial statements for each financial year in accordance with the Audit Act 2008.
This Act’s bill:Second reading speech
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