Description
The purpose of the Financial Distribution Policy is to outline the Government’s expectations for the payment of dividends by Government businesses. The policy also covers capital repayments, which represent a return of the Government’s equity investment.
The Financial Distributions Policy for Government Businesses, 2016 edition, supersedes the previously issued TPP14-4 and TC14-9. This revised policy applies to Government businesses from 1 July 2017, i.e. in relation to Statements of Corporate Intent for 2017-18 and financial years thereafter.
Act
Public Finance and Audit Act 1983 http://www.legislation.nsw.gov.au/#/view/act/1983/152
State Owned Corporations Act 1989 http://www.legislation.nsw.gov.au/#/view/act/1989/134
Overview
Who needs to know and/or comply with this?
- Departments
- Executive agencies related to Departments
- Separate agencies
- State Owned Corporations
- Statutory Authorities/Bodies
- Subsidiaries of the NSW Government established under the Corporations Act
Compliance
- Mandatory
AR Details
- Date Issued
- Sep 1, 2016
- Review Date
- Aug 31, 2021
- Replaces
- Replaced By
Contacts
- Contact
- Phone
- Publishing Entity
- The Treasury
- Issuing Entity
- The Treasury