Quarterly financial report
26 Quarterly financial report
The Minister must prepare a quarterly financial report for each quarter of each financial year.
A quarterly financial report comprises—
S. 26(2)(a) amended by No. 43/2004 s. 10(1).
a statement of financial performance of the Victorian general government sector for the quarter;
S. 26(2)(b) amended by No. 43/2004 s. 10(1).
a statement of financial position of the Victorian general government sector at the end of the quarter;
S. 26(2)(c) amended by No. 43/2004 s. 10(1).
a statement of cash flows of the Victorian general government sector for the quarter;
a statement of the accounting policies on which the statements required by paragraphs (a), (b) and (c) are based;
any other information the Minister considers appropriate.
S. 26(2A) inserted by No. 43/2004 s. 10(2).
A quarterly financial report must be prepared in the manner and form determined by the Minister, having regard to appropriate financial reporting frameworks.
S. 26(2B) inserted by No. 43/2004 s. 10(2).
The quarterly financial report for the quarter ending on 31 December in a financial year must include, in addition to the statements referred to in subsection (2)(a) to (d) for that quarter, those statements for the period of 6 months ending on that 31 December.
The quarterly financial report for the quarter ending on 31 March in a financial year must include, in addition to the statements referred to in subsection (2)(a) to (d) for that quarter, those statements for the period of 9 months ending on that 31 March.
S. 26(3A) inserted by No. 43/2004 s. 10(3).
The quarterly financial report for the quarter ending on 30 June in a financial year must include, in addition to the statements referred to in subsection (2)(a) to (d) for that quarter, those statements for the period of 12 months ending on that 30 June.
S. 26(4) substituted by No. 43/2004 s. 10(4).
A quarterly financial report must be transmitted to the Parliament in accordance with section 27D.
S. 26(5) inserted by No. 30/2025 s. 10.
Despite subsection (1), the Minister is not required to prepare a quarterly financial report for the quarter ending on 30 September in a financial year if a pre‑election budget update is released on or after 15 September and before 15 December in that financial year.
Division 6—Pre-election budget update
S. 27 substituted by No. 9/2000 s. 4, amended by No. 2/2003 s. 52 (as amended by No. 44/2006 s. 15).
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