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House of Assembly - Fifty-First Parliament, Third Session (51-3)
2009-02-03 Daily Xml
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HOME FOR INCURABLES TRUST

In reply to Mrs REDMOND (Heysen) (28 October 2008).

The Hon. J.M. RANKINE (Wright—Minister for Families and Communities, Minister for Northern Suburbs, Minister for Housing, Minister for Ageing, Minister for Disability): I am advised:

Documentation to support the operations of the Trust thus far includes:

the Julia Farr Services Board resolution to resign and appoint the Minister for Disability as trustee ;

the gazettel notice of 28 June 2007 where the Governor dissolved Julia Farr Services;

the original Trust deed;

the Supreme Court Trust variation scheme, which established current purposes of the Trust;

relevant property titles;

all physical assets are recorded on the asset register in accordance with the Department for Families and Communities accounting policies; all transactions pertaining to the Trust and separately recorded in the general ledger under Administered Items;

Crown Law advice regarding the powers of the Minister relating to which tasks can be delegated has been noted and acted on. The Department will prepare annually or otherwise, recommendations for the Minister for Disability as Trustee, pertaining to the use of Trust assets and income consistent with the Terms of the Trust Deed.

As per advice from Crown Law, for 2007-08, recommendations were made to the Minister for Disability as Trustee, pertaining to the use of Trust assets and income consistent with the Terms of the Trust Deed.

This is in addition to documentation accumulated during the extended history of the Trust.

In relation to financial accounting and reporting, the Department Families and Communities has:

created an interest bearing deposit account for the Trust with the Department of Treasury and Finance to record revenues received and expenses incurred within the Terms of the Trust;

deposited all funds resulting from the sales of Trust property with the South Australian Government Financing Authority (SAFA) in an interest bearing account; • reconciled all transactions pertaining to the Trust and has recorded these transactions as part of Administered Items;

prepared detailed working papers for the Auditor-General (2007-08) that support the financial transactions of the Trust; and

included the Trust in Administered Items in the statutory report for the Department of Families-and Communities.

Further, internal management reports are produced and reviewed on a monthly basis by Financial Accounting. The Minister for Disability will be provided with quarterly management reports on the operations of the Trust, and each year, a separate financial report on the operations of the Trust will be prepared for the Minister.

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