1 Items 2, 4, 5 and 6 of Schedule 1
Omit "after the commencement time", substitute "on or after 1 July 2014".
2 Item 21 of Schedule 1
After "Commonwealth" (second occurring), insert "before or".
3 Application of amendment
The amendment of item 21 of Schedule 1 to the Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 made by this Schedule appl ies in relation to any amounts received by the Commonwealth, whether before or after this item commences.
4 Item 38 of Schedule 2
Repeal the item.
5 Subitem 2(1) of Schedule 3
Repeal the subitem, substitute:
(1) Despite the repeal of the provisions of the CAC Act referred to in subitem ( 1A), those provisions continue to apply after the commencement time in relation to reporting period s that:
(a) commenced before 1 July 2014; and
(b) either:
(i) ended on 30 June 2014; or
(ii) had not ended on 30 June 2014.
(1A) For subitem ( 1), the provisions of the CAC Act are as follows:
(a) section 9 (which deals with directors preparing annual reports);
(b) section 10 (which deals with modified requirements for a Commonwealth authority's first year of existence);
(c) section 12 (which deals with auditing a relevant subsidiary's financial statements);
(d) section 14 (which deals with estimates);
(e) section 36 (which deals with annual reports for Commonwealth companies);
(f) section 37 (which deals with auditing relevant subsidiary's financial statements);
(g) section 39 (which deals with estimates);
(h) Schedule 1 (which deals with annual report for Commonwealth authorities).
6 Item 16 of Schedule 3
Repeal the item.
7 Item 2 of Schedule 14
Omit "at or after the commencement time", substitute "on or after 1 July 2014".
8 Item 5 of Schedule 14
Omit "under the enabling Act" (last occurring) , substitute "under the Legislative Instruments Act 2003 ".
9 Subitem 6(3) of Schedule 14
Omit "at or after the commencement time", substitute "on or after 1 July 2014".