Public Finance and Audit Amendment (Financial Reporting and Auditing Exclusions) Regulation 2019 (NSW)

New South Wales

Public Finance and Audit Amendment

(Financial Reporting and Auditing

Exclusions) Regulation 2019

under the

Public Finance and Audit Act 1983

Her Excellency the Governor, with the advice of the Executive Council, has made the following

Regulation under the Public Finance and Audit Act 1983.

DOMINIC PERROTTET, MP

Treasurer

Explanatory note

The object of this Regulation is to exclude certain persons, groups of persons, bodies or entities from the operation of provisions relating to the preparation and auditing of separate financial reports.

This Regulation is made under the Public Finance and Audit Act 1983, including sections 39 (1B), 40 (2),
45A (1B) and 64 (the general regulation-making power).

Public Finance and Audit Amendment (Financial Reporting and Auditing Exclusions) Regulation 2019 [NSW]

Public Finance and Audit Amendment (Financial Reporting and

Auditing Exclusions) Regulation 2019

under the

Public Finance and Audit Act 1983

1      Name of Regulation

This Regulation is the Public Finance and Audit Amendment (Financial Reporting

and Auditing Exclusions) Regulation 2019.

2      Commencement

This Regulation commences on 30 June 2019 and is required to be published on the
NSW legislation website.

3 Amendment of Public Finance and Audit Act 1983 No 152

Schedule 2 Statutory bodies

Omit the following:

Energy Corporation of New South Wales

Residual Transport Corporation of New South Wales

Public Finance and Audit Amendment (Financial Reporting and Auditing Exclusions) Regulation 2019 [NSW]

Schedule 1 Amendment of Public Finance and Audit Regulation 2015

Schedule 1	Amendment of Public Finance and Audit
Regulation 2015

[1]      Clause 9

Omit the clause. Insert instead:

9      Excluded statutory bodies for purposes of Division 3 of Part 3 of Act

For the purposes of section 39 (1B) of the Act, each of the following persons, groups of persons, bodies or entities is declared not to be a statutory body for the purposes of Division 3 of Part 3 of the Act:

(a)	Art Gallery of New South Wales Trust Staff Agency,
(b)	Australian Museum Trust Staff Agency,
(c)	Barangaroo Delivery Authority Staff Agency,
(d)	Buroba Pty Ltd (ACN 065 388 150),
(e)	Destination NSW Staff Agency,
(f)	Environment Protection Authority Staff Agency,
(g)	Health Care Complaints Commission Staff Agency,
(h)	Independent Pricing and Regulatory Tribunal Staff Agency,

(i)      Infrastructure NSW Staff Agency,

(j)	Institute of Sport Staff Agency,
(k)	Legal Aid Commission Staff Agency,
(l)	Local Land Services Staff Agency,
(m)	Mental Health Commission Staff Agency,
(n)	Multicultural NSW Staff Agency,
(o)	Natural Resources Commission Staff Agency,
(p)	New South Wales Electoral Commission Staff Agency,
(q)	New South Wales Non-Budget Long Service Leave Pool,
(r)	New South Wales Structured Finance Activities,
(s)	NSW Education Standards Authority Staff Agency,
(t)	SAS Trustee Corporation Staff Agency,
(u)	Sydney Opera House Trust Staff Agency,

(v)      TAFE Commission (Senior Executives) Staff Agency,

(w) Trustees of the Museum of Applied Arts and Sciences Staff Agency,

(x)      UrbanGrowth NSW Development Corporation Staff Agency,

(y)	Valley Commerce Pty Ltd (ACN 004 530 787),
(z)	Western City and Aerotropolis Authority Staff Agency.

[2]      Part 3, Division 1, heading

Insert before clause 11 (before the note):

Division 1 Financial reports

[3]      Part 3, Division 2

Insert after clause 12:

Public Finance and Audit Amendment (Financial Reporting and Auditing Exclusions) Regulation 2019 [NSW]

Schedule 1 Amendment of Public Finance and Audit Regulation 2015

Division 2	Miscellaneous
12A	Excluded Departments for purposes of Division 4A of Part 3 of Act

For the purposes of section 45A (1B) of the Act, each of the following persons, groups of persons, bodies or entities is declared not to be a Department for the purposes of Division 4A of Part 3 of the Act:

(a)	Albury Wodonga Health Employment Division,
(b)	Bureau of Health Information Special Purpose Service Entity,
(c)	Cancer Institute NSW Special Purpose Service Entity,
(d)	Central Coast Local Health District Special Purpose Service Entity,
(e)	Central Coast Water Corporation,
(f)	Clinical Excellence Commission Special Purpose Service Entity,
(g)	Energy Corporation of New South Wales,
(h)	Far West Local Health District Special Purpose Service Entity,

(i)      Fisheries Administration Ministerial Corporation,

(j)	Health Education and Training Institute Special Purpose Service Entity,
(k)	Hunter New England Local Health District Special Purpose Service Entity,
(l)	Illawarra Shoalhaven Local Health District Special Purpose Service Entity,
(m)	Justice Health and Forensic Mental Health Network Special Purpose Service Entity,
(n)	Mid North Coast Local Health District Special Purpose Service Entity,
(o)	Ministerial Development Corporation constituted under the Growth

Centres (Development Corporations) Act 1974,

(p)	Murrumbidgee Local Health District Special Purpose Service Entity,
(q)	Nepean Blue Mountains Local Health District Special Purpose Service Entity,
(r)	New South Wales Crime Commission Staff Agency,
(s)	Northern NSW Local Health District Special Purpose Service Entity,
(t)	Northern Sydney Local Health District Special Purpose Service Entity,
(u)	Office of the Greyhound Welfare and Integrity Commission,

(v)      Office of the Law Enforcement Conduct Commission,

(w) Residual Transport Corporation of New South Wales,

(x)      Soil Conservation Commission of New South Wales,

(y)	South Eastern Sydney Local Health District Special Purpose Service Entity,
(z)	South Western Sydney Local Health District Special Purpose Service Entity,
(za)	Southern NSW Local Health District Special Purpose Service Entity,
(zb)	The Agency for Clinical Innovation Special Purpose Service Entity,
(zc)	The Sydney Children’s Hospitals Network (Randwick and Westmead) (incorporating The Royal Alexandra Hospital for Children) Special Purpose Service Entity,
(zd)	Western NSW Local Health District Special Purpose Service Entity,

Public Finance and Audit Amendment (Financial Reporting and Auditing Exclusions) Regulation 2019 [NSW]

Schedule 1 Amendment of Public Finance and Audit Regulation 2015

(ze) Western Sydney Local Health District Special Purpose Service Entity.