(1) For each transitional reporting period, the government member of the Board of Tourism Australia must, in relation to the ATC, prepare the report referred to in section 9 of the Commonwealth Authorities and Companies Act 1997 . The report must include the matters mentioned in section 28 of the Australian Tourist Commission Act 1987 .
(2) If the proclamation day is 1 July 2004, the 2003 - 04 financial year is a transitional reporting period .
(3) If the proclamation day is after 1 July 2004 but is, or is before, 1 October 2004, the period that:
(a) starts at the beginning of 1 July 2003; and
(b) ends immediately before the proclamation day;
is a transitional reporting period .
(4) If the proclamation day is after 1 October 2004:
(a) the 2003 - 04 financial year is a transitional reporting period; and
(b) the period that:
(i) starts at the beginning of 1 July 2004; and
(ii) ends immediately before the proclamation day;
is a transitional reporting period .
(5) For the purposes of this section, a transitional reporting period mentioned in subsection ( 3) or paragraph ( 4)(b) is to be treated as a financial year.
(6) The expenses of preparation of the report are to be paid or discharged by Tourism Australia.
(7) Tourism Australia must provide the government member with any assistance that the government member reasonably requires to meet his or her obligation under subsection ( 1).
(8) The obligation under section 9 of the Commonwealth Authorities and Companies Act 1997 imposed on the final directors of the ATC to prepare an annual report is satisfied if the report is prepared by the government member of the Board of Tourism Australia.
(9) In this section:
"director" has the same meaning as in the Commonwealth Authorities and Companies Act 1997 .
"final director" means a person who was a director immediately before the proclamation day.