Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 (62 of 2014)

Schedule 2   Amendment of the Financial Management and Accountability Act 1997

Part 2   Transitional and application provisions

Division 1   Transitional and application provisions

53   Continuing application of certain provisions

Despite the repeal of the following provisions of the FMA Act, those provisions continue to apply after the commencement time in relation to the last financial year that ends before the commencement time:

(a) section 49 (which deals with annual financial statements);

(b) section 51 (which deals with reporting requirements if an Agency ceases to exist or Agency functions are transferred);

(c) section 55 (which deals with the preparation of annual financial statements by the Finance Minister);

(d) section 56 (which deals with auditing the Finance Minister’s annual financial statements);

(e) section 57 (which deals with auditing the annual financial statements of an Agency).