(1) Each off-budget state entity must, subject to the regulations, prepare, submit and publish an annual report under this section for each financial year.
(2) An off-budget state entity’s annual report for a financial year under this section must –
(a) be prepared, submitted and published in the manner and times required by the regulations;
(b) be tabled in the House of Representatives in the manner and time required by the regulations;
(c) include the entity’s annual financial statements referred to in section 52; and
(d) include other information required by the regulations.
(3) The annual report required by this section for an off-budget state entity may be included in any annual report required under other legislation applying to the entity, but the composite report (including its preparation, submission, publication and tabling) must comply with the requirements of this Division.
(4) The regulations may provide that specified requirements of this section or of regulations made for the purposes of this section do not apply to a particular state entity or class of state entities.
(Financial Management Act 2004 s(51))