Commonwealth Numbered Acts

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AUSTRALIAN POSTAL CORPORATION ACT 1989 No. 64 of 1989 - SECT 45

Requirements for financial statements
45. (1) The financial statements in relation to Australia Post's operations
for a financial year shall:

   (a)  be in such form as is required by any written guidelines issued by the
        Minister for Finance in relation to the financial statements of
        Australia Post or Commonwealth undertakings generally; and

   (b)  comply with the requirements prescribed under the Companies Act 1981
        for the accounts of a listed corporation so far as those requirements
        relate to the income of executive officers of a listed corporation.

(2) For the purposes of paragraph (1) (b):

   (a)  Australia Post shall be taken to be a listed corporation; and

   (b)  the Managing Director shall be taken to be an executive officer of
        Australia Post.

(3) Expressions used in paragraph (1) (b) or subsection (2), and in the
Companies Act 1981, have the same respective meanings as in that Act. 


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