Taratahi Agricultural Training Centre (Wairarapa) Act 1969

14A: Financial statements must be prepared

You could also call this:

"The trust board must prepare yearly financial statements by 31 March."

Illustration for Taratahi Agricultural Training Centre (Wairarapa) Act 1969

You need to prepare financial statements every year. The trust board must do this within 3 months after the end of the financial year. The financial year ends on 31 December. You have to make sure the financial statements follow generally accepted accounting practice. They must be completed and dated for the trust board and that financial year. Two members of the trust board must sign the financial statements on behalf of the trust board. The trust board has to follow these rules as stated in the Financial Reporting (Amendments to Other Enactments) Act 2013.

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This page was last updated on 31 October 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6047112.

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14: Accounting records must be kept, or

"The trust board must keep accurate and easy-to-check financial records."

14B: Financial statements must be audited, or

"The trust board's money records must be checked by an auditor."

14AFinancial statements must be prepared

The trust board must ensure that, within 3 months after the end of the financial year ending on 31 December, financial statements that comply with generally accepted accounting practice are—
completed in relation to the trust board and that financial year; and
dated and signed on behalf of the trust board by 2 members of the trust board.

Notes

Section 14A: inserted, on 1 April 2014, by section 125 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102).