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Letter of transmittal

The Hon. David Littleproud MP

Minister for Agriculture, Drought and Emergency Management

Parliament House

CANBERRA ACT 2600

Senator the Hon. Mathias Cormann

Minister for Finance

Parliament House

CANBERRA ACT 2600

Dear Ministers

Regional Investment Corporation Annual Report 2019-20

I am pleased to submit to you the 2019-20 Annual Report for the Regional Investment Corporation (the RIC). This report has been prepared in accordance with the Regional Investment Corporation Act 2018 (RIC Act), the Public Governance, Performance and Accountability Act 2013 (PGPA Act) and the Public Governance, Performance and Accountability Rule 2014 (PGPA Rule).

The report includes annual performance statements prepared in accordance with subsections 39(1) and (2) of the PGPA Act, and audited financial statements prepared in accordance with sections 41 and 42 of the PGPA Act.

The report is made in accordance with a resolution of the RIC Board on 1/10/2020, which is responsible under section 46 of the PGPA Act for presenting an annual report to you, for presentation to the Parliament, on the RIC’s activities during the period.

I certify that I am satisfied that the RIC has in place appropriate fraud control mechanisms that meet our needs and comply with the PGPA Act and rule.

Yours sincerely

Karen Smith-Pomeroy
Chair of the Board