Responsibilities

The responsible authority for an off-budget state entity is responsible for the following –

(a) the effective, efficient and economical management of the entity;

(b) the maintenance of an effective system of internal control for money and property;

(c) the preparation of annual reports for the entity;

(d) compliance by the entity with applicable requirements of this Act, the regulations and any other written law;

(e) any other responsibilities assigned by or under other provisions of this Act or other written laws.

(Financial Management Act 2004 s(37))