Annual report to include information about exemption and compliance plan
278 Annual report to include information about exemption and compliance plan
The annual report submitted by the accountable authority of a Crown authority under the Financial Management Act 2006 Part 5 must include —
the details of each exemption held by the Crown authority during any part of the year to which the report relates; and
if a compliance plan developed by the Crown authority and approved by the Minister was in place during any part of the year to which the report relates, a report about progress on the implementation of the plan during that year.
If an exemption‑holder does not have an accountable authority that can comply with subsection (1) in relation to that exemption‑holder, the annual report submitted by the accountable authority of the Department under the Financial Management Act 2006 Part 5 must include, in relation to that exemption‑holder, the information set out in subsection (1).
To enable the accountable authority of the Department to comply with subsection (2) in relation to an exemption‑holder, the exemption‑holder must provide the accountable authority with all the information necessary for that purpose.
This Act’s bill:Explanatory memorandumSecond reading speech
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