Common use of REPORTING BY THE ASSOCIATION Clause in Contracts

REPORTING BY THE ASSOCIATION. The association must provide the Authority with Reports in accordance with the following table. Report (Type) Frequency (By when) Requirements (Information and applicable standard) Copy of Community Organisation’s minutes Following each APOMA committee meeting Minutes must include budget monitoring report showing progress on matters set out at item 1 of the Schedule. Financial Statements Within 6 months from the expiry of the Financial Year. Financial Statements prepared in accordance with Australian Accounting Standards setting out in detail the Association’s expenditure of moneys provided to the Association by the Authority (if any) and signed by a senior office holder of the Association. Standard: If the moneys provided is in excess of $1 M (GST exclusive) then the Association must prepare its Financial Statements in the nature of General Purpose Financial Statements. Note: for the purposes of compliance with Australian Accounting Standards (“AAS”) this includes Tier 1 ASS and Tier 2 ASS – Reduced Disclosure Requirements.

REPORTING BY THE ASSOCIATION. The association must provide the Authority with Reports in accordance with the following table. Report (Type) Frequency (By when) Requirements (Information and applicable standard) Copy of Community Organisation’s minutes Following following each APOMA committee meeting of the Community Organisation Minutes must include budget monitoring report showing progress on matters set out at item 1 of the Schedule. Schedule Financial Statements Within 6 months from the expiry of the Financial Year. Financial Statements prepared in accordance with Australian Accounting Standards setting out in detail the Association’s expenditure of moneys provided to the Association by the Authority (if any) and signed by a senior office holder of the Association. Standard: If the moneys provided is in excess of $1 M (GST exclusive) then the Association must prepare its Financial Statements in the nature of General Purpose Financial Statements. Note: for the purposes of compliance with Australian Accounting Standards (“AAS”) this includes Tier 1 ASS and Tier 2 ASS – Reduced Disclosure Requirements.

REPORTING BY THE ASSOCIATION. The association must provide the Authority with Reports in accordance with the following table. Report (Type) Frequency (By when) Requirements (Information and applicable standard) Copy of Community Organisation’s minutes Following each APOMA committee Andamooka Town Management Committee meeting Minutes must include budget monitoring report showing progress on matters set out at item 1 of the Schedule. Schedule Financial Statements Within 6 months from the expiry of the Financial Year. Financial Statements prepared in accordance with Australian Accounting Standards setting out in detail the Association’s expenditure of moneys provided to the Association by the Authority (if any) and signed by a senior office holder of the Association. Standard: If the moneys provided is in excess of $1 M (GST exclusive) then the Association must prepare its Financial Statements in the nature of General Purpose Financial Statements. Note: for the purposes of compliance with Australian Accounting Standards (“AAS”) this includes Tier 1 ASS and Tier 2 ASS – Reduced Disclosure Requirements.

REPORTING BY THE ASSOCIATION. The association must provide the Authority with Reports in accordance with the following table. Report (Type) Frequency (By when) Requirements (Information and applicable standard) Copy of Community Organisation’s minutes Following each APOMA committee meeting Minutes must include budget monitoring report Community Organisation’s minutes APOMA committee meeting showing progress on matters set out at item 1 of the Schedule. Financial Statements Within 6 months from the expiry of the Financial Year. Financial Statements prepared in accordance with Australian Accounting Standards setting out in detail the Association’s expenditure of moneys provided to the Association by the Authority (if any) and signed by a senior office holder of the Association. Standard: If the moneys provided is in excess of $1 M (GST exclusive) then the Association must prepare its Financial Statements in the nature of General Purpose Financial Statements. Note: for the purposes of compliance with Australian Accounting Standards (“AAS”) this includes Tier 1 ASS and Tier 2 ASS – Reduced Disclosure Requirements.