Reserve Bank of Australia Annual Report – 1987 Statutory Requirements^[*]

This report on the operations of the Bank during the year ended 30 June 1987 and the financial statements have been prepared by the Reserve Bank Board. The Auditor-General has made his report on the financial statements so prepared.

In accordance with the Reserve Bank Act 1959.

R.A. Johnston
Chairman, Reserve Bank Board
18 August 1987

The Board has furnished its report and financial statements, together with the report of the Auditor-General, to the Treasurer, and has transmitted true copies to the President of the Senate, and to the Speaker of the House of Representatives, to be laid before the Senate and the House of Representatives.

Footnote

The functions, powers and responsibilities of the Reserve Bank are specified in the Reserve Bank Act 1959, the Banking Act 1959, the Financial Corporations Act 1974 and the regulations under those Acts. Ministerial responsibility in terms of those Acts is exercised by the Treasurer. [*]