Annual Report 2010-2011 Northern Territory Electoral Commission
Tabled paper 1602
Tabled Papers for 11th Assembly 2008 - 2012; Tabled Papers; ParliamentNT
Tabled By Speaker
Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.
NORTHERN TERRITORY ELECTORAL COMMISSION NOTES TO THE FINANCIAL STATEMENTS For the year ended 30 June 2011 58 2011 $000 2010 $000 17. COMMITMENTS (i) Other Expenditure Commitments Other non-cancellable expenditure commitments not recognised as liabilities are payable as follows: Within one year 241 0 Later than one year and not later than five years Later than five years 241 0 18. CONTINGENT LIABILITIES AND CONTINGENT ASSETS a) Contingent liabilities The Northern Territory Electoral Commission had no contingent liabilities or contingent assets as at 30 June 2011 or 30 June 2010. b) Contingent assets The Northern Territory Electoral Commission had no contingent liabilities or contingent assets as at 30 June 2011 or 30 June 2010. 19. EVENTS SUBSEQUENT TO BALANCE DATE No events have arisen between the end of the financial year and the date of this report that require adjustment to, or disclosure in these financial statements. 20. ACCOUNTABLE OFFICERS TRUST ACCOUNT In accordance with section 7 of the Financial Management Act, an Accountable Officers Trust Account has been established for the receipt of money to be held in trust. A summary of activity is shown below: Nature of Trust Money Opening Balance 1 July 2010 Receipts Payments Closing Balance 30 June 2011 Nomination money 700 5 894 3 800 2 794 700 5 894 3 800 2 794 21. WRITE-OFFS, POSTPONEMENTS, WAIVERS, GIFTS AND EX GRATIA PAYMENTS The Northern Territory Electoral Commission had no write offs, postponements or waivers in 2010-11 and 2009-10.