Iain Rennie Deputy Secretary to the Treasury

Schedule of monthly financial statements for 2002/03 released The Treasury today published a schedule of release dates for monthly financial statements for the 2002/03 financial year.

The release dates are listed below. The standard time for each release will be 10:00am.

PERIOD ENDED RELEASE DATE

30 September 2002 Friday 8 November 2002
31 October 2002 Thursday 12 December 2002
30 November 2002 Friday 31 January 2003
31 December 2002 Friday 21 February 2003
31 January 2003 Friday 14 March 2003
28 February 2003 Friday 11 April 2003
31 March 2003 Friday 9 May 2003
30 April 2003 Wednesday 11 June 2003
31 May 2003 Friday 11 July 2003
30 June 2003 See Below

The timing of each release date is consistent with the requirements of the Public Finance Act. The Act requires each set of statements (except November and December) to be released no later than six weeks after the end of the month to which it relates. The statements for November and December are required to be released no later than 31 January (for November) and 28 February (for December) in the following year.

The Public Finance Act does not require financial statements for the period ended 31 May. However, in the interest of providing a complete track of the results across the year, a set of statements will be published.

The Crown Financial Statements for the year ended 30 June are required to be tabled in the House of Representatives prior to publication. The timetable of the House of Representatives for 2003 has not yet been set. However, the tabling dates can be no later than the sixth sitting day in October. In the event that the House is not sitting, the June statements must be published no later than 21 October.

The Crown Financial Statements will be prepared on a full line by line consolidation basis from 30 September 2002.

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