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Quarterly financial statements

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Part 2Government financial planning and reporting

16 Quarterly financial statements

(1)

The Treasurer is to release a Quarterly Financial Results Report for each quarter ending on the last day of March, September or December setting out the budget result from the beginning of the current financial year to the end of the quarter.

(2)

A Quarterly Financial Results Report is to be released within the prescribed period.

(3)

In subsection (2) —

prescribed period means —

(a)

60 days after the end of the quarter to which the Quarterly Financial Results Report relates; or

(b)

the period prescribed by the regulations after the end of the quarter to which the Quarterly Financial Results Report relates,

whichever is the shorter period.

[Section 16 amended: No. 5 of 2005 s. 34.]

17. Budget papers to include outcomes etc.

Budget papers are to include —

(a)

outcomes;

(b)

resource cost; and

(c)

the number of full time equivalent staff,

for each outcome for the budget year and each of the 2 preceding years.

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