Commonwealth Numbered Acts
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COMMONWEALTH AUTHORITIES AND COMPANIES ACT 1997
TABLE OF PROVISIONS
Long Title
1. 1 Short title
2. 2 Commencement
3. 3 This Act binds the Crown
4. 4 This Act extends to things outside Australia
5. 5 Definitions
6. 6 Offences and civil penalties
7. 7 Meaning of Commonwealth authority
8. 8 Role of Auditor-General
9. 9 Directors must prepare annual report
10. 10 Modified requirements for first year of existence
11. 11 Contravention of annual report rules by directors
12. 12 Audit of relevant subsidiary's financial statements
13. 13 Interim reports
14. 14 Estimates
15. 15 Responsible Minister to be notified of significant events
16. 16 Keeping responsible Minister and Finance Minister informed
17. 17 Corporate plan for GBE
18. 18 Banking and investment (authorities other than GBEs and SMAs)
19. 19 Banking and investment (GBEs and SMAs)
20. 20 Accounting records
21. 21 Directors must disclose material personal interests
22. 22 General obligations on officers
23. 23 Officers must not make improper use of inside information or position
24. 24 Effect of civil penalty disqualification on being a director
25. 25 Other obligations and remedies not affected
26. 26 Indemnifying officers
27. 27 Insurance premiums for indemnity insurance of officers
28. 28 Compliance with general policies of the Government
29. 29 Activities of subsidiaries
30. 30 Aligning accounting periods of subsidiaries
31. 31 Exemption from requirement to align accounting periods of subsidiaries
32. 32 Audit committee
33. 33 Special rules for Commonwealth authorities established by regulations etc.
34. 34 Meaning of Commonwealth company and wholly-owned Commonwealth company
35. 35 Role of Auditor-General
36. 36 Annual Report
37. 37 Audit of relevant subsidiary's financial statements
38. 38 Interim reports
39. 39 Estimates
40. 40 Responsible Minister to be notified of significant events
41. 41 Keeping responsible Minister and Finance Minister informed
42. 42 Corporate plan for GBE
43. 43 Compliance with general policies of the Government
44. 44 Audit committee
45. 45 Ministers must inform Parliament of share acquisitions etc.
46. 46 Companies conducted for the purposes of intelligence or security agencies
47. 47 Regulations may deal with how this Act applies if body stops being a Commonwealth authority
48. 48 Finance Minister's Orders
49. 49 Regulations
SCHEDULE 1
SCHEDULE 2
(Assented to 24 October 1997)
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