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s 53

Report of operations and financial statements

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Part 4Savings and transitional provisions

53 Report of operations and financial statements

(1)

The Authority must cause to be prepared, in accordance with Part 7 of the Financial Management Act 1994, a report of operations of the superseded Authority for the 2016/2017 financial year which includes the information required by section 201VC(2) of the Planning and Environment Act 1987 if, before the commencement day, the chief executive officer of the superseded Authority has not prepared the report of operations for that financial year.

(2)

The chief executive officer of the Authority must cause to be prepared, in accordance with Part 7 of the Financial Management Act 1994, financial statements of the superseded Authority for the 2016/2017 financial year if, before the commencement day, the chief executive officer of the superseded Authority has not prepared the financial statements for that financial year.

(3)

The Authority must submit, in accordance with Part 7 of the Financial Management Act 1994, the report of operations for the superseded Authority for the 2016/2017 financial year to the Auditor-General as soon as practicable after it has been prepared, if, before the commencement day, the superseded Authority has not submitted the report of operations for that year.

(4)

The chief executive officer of the Authority must submit, in accordance with Part 7 of the Financial Management Act 1994, the financial statements for the superseded Authority for the 2016/2017 financial year to the Auditor-General within 8 weeks after the end of that financial year.

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