Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Part 5—Reporting obligations etc.

Part 5 Reporting obligations etc.

   

54   Simplified outline of this Part

•      The Future Fund Board must keep the responsible Ministers informed of its operations under this Act. It may also be required by the Finance Minister to provide reports and information.

•      The Finance Minister may give reports, documents and other information to other Ministers.

55   Finance Minister may require Future Fund Board to prepare reports or give information

Reports and information

             (1)  The Finance Minister may, by written notice given to the Future Fund Board, require the Board to:

                     (a)  prepare a report or document about one or more specified matters relating to the performance of the Board’s functions under this Act; and

                     (b)  give copies of the report or document to the Finance Minister within the period specified in the notice.

Compliance

             (2)  The Future Fund Board must comply with a requirement under subsection (1).

Publication of reports and documents

             (3)  The Finance Minister may cause a report or document under subsection (1) to be published (whether on the internet or otherwise).

Reports and documents

             (4)  A report or document under subsection (1) is not a legislative instrument.

56   Keeping the responsible Ministers informed etc.

             (1)  The Future Fund Board must keep the responsible Ministers informed of the operations of the Board under this Act.

             (2)  The Future Fund Board must give the Finance Minister such reports, documents and information in relation to those operations as are appropriate.

57   Finance Minister may give reports, documents and other information to other Ministers

                   The Finance Minister may give another Minister any of the following:

                     (a)  a report or document under subsection 55(1) or 56(2);

                     (b)  any other information or document obtained by the Finance Minister under this Act.