Page 602 - Week 02 - Thursday, 25 February 1993

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MINISTER FOR THE ENVIRONMENT, LAND AND PLANNING

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 531

Arts Organisations - Annual Reports and

Financial Statements

Mr Cornwell - asked the Minister for the Arts,

(1) - Are the following organisations in receipt of

Government funding required to present to the

Government an annual report and audited balance sheet -

(a) Gorman House; (b) Canberra Contemporary Art Space;

(c)- Canberra Festival .and (d) Meryl-Tankard Company.

If not, why not.

(2) - If so, have they done so for 1992 and if not, when will

these be presented.

(3)- Are or will copies be made available to interested Assembly Members or will the reports be tabled in the Assembly.

Mr Wood - the answer to the Members question is as follows:

(1) The Arts and Special Events Grant Program provides funding to the private sector. The organisations, specified in the question are non-profit incorporated associations and as such have no legislative reporting requirement to Government.

However, there are reports required by the grant -

funding process both at the time of application and at

the acquittal stage. These requirements are that

either the previous years annual report or where

appropriate, the minutes of the most recent Annual

General Meeting which include an audited financial

statement must accompany applications from

organisations.

As part of the acquittal documentation organisations are required to produce an audited financial statement identifying the receipt and expenditure of the grant.

(2) The four named organisations produced their 1991 annual

report (including audited financial statement) at the

time of applying for their 1993 grant. They will

produce their 1992 report with their 1994 application.

Acquittal documentation for the three named organisations that are funded on a calendar year basis is due on 31 March 1993. The fourth organisation, Canberra. Festival Inc, that is funded on a financial year basis, submitted its acquittal documentation on

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