📜 Local Government (Financial Management) Amendment Regulations 2020
RegulationsSL 2020/2196 November 2020
Principal Act
These regulations amend the Local Government (Financial Management) Regulations 1996. The amendments relate to the valuation and reporting of non-financial assets, including land, buildings, infrastructure, and vested improvements, in local government financial reports.
Local governments in Western Australia are affected. They must now comply with the updated requirements for valuing and reporting non-financial assets in their financial reports, specifically for financial years ending on or after 30 June 2020.
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