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Index of Statutory Reporting Requirements

The Board of NAIF is obligated under section 46 of PGPA Act to prepare an annual report and the PGPA Rule sets out the mandatory content requirements.

Part A – Public Governance, Performance and Accountability Act 2013

Section

Subject

Location within Report

Page

Public Governance, Performance and Accountability Act 2013

s 46

The NAIF Board must prepare and give an annual report to NAIF’s responsible Minister, for

presentation to the Parliament, on NAIF’s activities during the period.

Report of operations, Financial Statements and Independent Auditors Report

1-73

Public Governance, Performance and Accountability Rule 2014

s 17BB

The NAIF Board must approve and sign the annual report which is to include:

  • Details of how and when approval of the annual report was given; and
  • State that the NAIF Board is responsible for preparing and giving the annual report to the NAIF’s responsible Minister in accordance with s 46 of the Act.

Chairman and CEO Reports

2

s.17BE(a) – (b)

The annual report must detail NAIF’s enabling legislation, and summarise its objects and functions and its purposes as set out in its corporate plan for the period.

About Us

Annual Performance Statements

NAIF Mandatory Criteria

12

20

27

s.17BE(c) – (f)

The annual report must provide details of:

  • The name and title of the responsible Minister of NAIF
  • Any directions given by the responsible Minister
  • Any policy orders that applied to NAIF; and
  • Details of any non-compliance with the above.

Corporate Governance Accountability

  • Accountability
  • Ministerial Directions
  • NAIF Act – section 42 Reporting
  • NAIF Act – section 42 Reporting

30

32

34

34

s.17BE(g)

The annual report must include NAIF’s Annual Performance Statements.

Annual Performance Statements

20

s.17BE(h) – (i)

The annual report must detail any significant issues reported to the Minister.

Corporate Governance

  • Legislative Reporting

32

s.17BE(j)

The annual report must detail particulars of the Board.

Board

  • Board Profiles and Photos

39

s.17BE(k) – (l)

The annual report must detail particulars of NAIF’s organisational structure and outline the location of the NAIF’s major activities or facilities.

People

  • Organisational Structure and Location

51

s.17BE(m)

The annual report must outline the main corporate governance practices of NAIF.

Corporate Governance

30

s.17BE(q) – (s)

The annual report must detail any judicial and administrative decisions or reviews or reports having a significant effect on NAIF.

Corporate Governance

  • Legislative Reporting

32

s.17BE(t)

The annual report must detail any indemnity applied during the financial year

Corporate Governance

  • Indemnities and Insurance

36

s.17BE(u)

The annual report must include an index of NAIF's statutory reporting requirements

Index of Statutory Reporting Requirements

74-75

Sub C of Part 2-3

For KMP, senior executives and other highly paid staff:

  Executive Remuneration policies and practices; and

  Executive Remuneration financial information

People

  • Executive Remuneration Policies and Practice

52

Part B – Other legislation

Section

Subject

Location

Page

Northern Australia Infrastructure Facility Act 2016

s. 42

NAIF’s annual report must include:

a. Particulars of any changes to the Investment Mandate during the period and their impact on the operations of the Facility;

b. A summary of the proposal notices given by the Facility to the Minister during the period;

c. A summary of any rejection notices given by

the Minister during the period and the Minister’s reasons for giving the notices;

d. For financial assistance provided by the Facility during the period, a summary of:

i. the amounts of financial assistance and kinds of Northern Australia economic infrastructure concerned; and

ii. the kinds of loan contracts used, and their impact features;

iii. the risks and returns to the Commonwealth.

e. A summary of any adjustments or concessions made by the Facility during the period in relation to the Northern Australia economic infrastructure projects that have not progressed as planned.

Corporate Governance

  • NAIF Act Section 42 Reporting

34

Environment Protection and Biodiversity Conservation Act 1999

s.516A (3)(6)

Ecologically sustainable development and environmental performance

Corporate Governance

  • Environmental Reporting

36

Work Health and Safety Act 2011

Sch2, Pt 4,

Clause 4(2)

Work health and safety initiatives, outcomes, statistics and investigations

People

  • Work, Health and Safety

54

Visit

https://www.transparency.gov.au/annual-reports/northern-australia-infrastructure-facility/reporting-year/2018-2019-58