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Building Act 2004

Miscellaneous provisions - Transitional provisions - Dissolution of Authority

423: Final reports and accounts

You could also call this:

“The Authority must give the Minister a final report about what they did and how they spent money before they close down.”

When the Building Authority is being dissolved, they need to give a final report to the Minister as soon as they can after this part of the law starts. This report needs to tell the Minister about what the Authority did in the last financial year before this section of the law began. The report also needs to include financial statements that follow the rules in Part 5 of the Public Finance Act 1989. These statements need to be checked by the Auditor-General, who will write an audit report. The Authority also needs to write a management statement about the financial statements. After the Minister gets this report, they have to show it to the House of Representatives, following the rules in section 44A of the Public Finance Act 1989.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM309304.

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“Rules for hiring government workers don't apply when moving someone from a closing office to a new one.”

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“Any mention of the Authority in official documents now means the chief executive instead.”

Part 5 Miscellaneous provisions
Transitional provisions: Dissolution of Authority

423Final reports and accounts

  1. As soon as is practicable after the commencement of this Part, the Authority must arrange for the final report of the Authority to be delivered to the Minister.

  2. The report must—

  3. describe the Authority's operations for the financial year commencing immediately before the commencement of this section; and
    1. include—
      1. financial statements of the Authority prepared, in accordance with Part 5 of the Public Finance Act 1989, for that financial year; and
        1. an audit report prepared by the Auditor-General and a management statement relating to those financial statements.

        2. The Minister must present a copy of the report delivered to the Minister under this section to the House of Representatives under section 44A of the Public Finance Act 1989.