Page 2044 - Week 08 - Tuesday, 5 June 1990
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Prior to self-government, ACT public authorities were generally subject to the provisions of the Commonwealth Audit Act in relation to their banking and investments, the keeping of proper accounts, auditing and the preparation of annual reports and financial statements. This requirement was severed by the Commonwealth's ACT Self-Government (Consequential Provisions) Act 1988.
The amendments contained in this Bill reimpose an obligation on the authorities to operate under audit legislation, namely our own Audit Act 1989. The authorities are required to report for the period 11 May 1989 to 30 June 1990. Exceptions to this are the ACT Electricity and Water authority, the Gaming and Liquor Authority and the Legal Aid Commission which, because of their enabling legislation, will still report on a full financial year basis, and also the ACT Institute of TAFE which reports on a calendar year basis. At the same time the Bill resolves a transitional difficulty by requiring the authorities to prepare financial statements for the pre-self-government period and puts beyond doubt that these statements are subject to audit.
Finally, the Audit Act 1989 currently specifies that the aggregate financial statement for the Territory is to be prepared for the period 11 May 1989 to 30 June 1990. No such provision was included in the section relating to unitary financial statements which, unless amended, would cause heads of administrative units to prepare statements for the first 51 days of self-government. Clearly such reports would be both resource consuming and largely irrelevant. The Auditor-General also expressed concern at the excessive demand that it would place on his office. Mr Speaker, I present the explanatory memorandum for the Bill.
Debate (on motion by Ms Follett) adjourned.
Sitting suspended from 5.20 to 8.00 pm
PUBLICATIONS CONTROL (AMENDMENT) BILL 1990 [NO. 3]
Debate resumed from 31 May 1990, on motion by Mr Collaery:
That this Bill be agreed to in principle.
MR MOORE (8.00): Mr Speaker, the business of X-rated videos is once again before the house and the matters presented in this particular Bill are hardly any different from those in the Bill that I presented. There are a few additions that could well have been made as amendments to my Bill, so I will be speaking in support of the Bill in principle. Similarly, I will speak in support in principle of the other two Bills that deal with X-rated videos.
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