143 143 Appendix 3: Summary of compliance The ASC is bound by legislative requirements to disclose certain information in its annual report. The main requirements are detailed in the PGPA Act, Public Governance, Performance and Accountability Rule 2014 (PGPA Rule) and the ASC Act. Annual report compliance requirements — PGPA Act Page reference s39. (1) The accountable authority of a Commonwealth entity must: a) Prepare annual performance statement for the entity as soon as practicable after the end of each reporting period for the entity; and a) Include a copy of the annual performance statement in the entity’s annual report that in table in the parliament 44 S39. (2) the annual performance statements must a) Provide information about the entities performance in achieving its purposes; and b) Comply with any requirements prescribed by the rules 44 s46. The Annual Report must be given to the responsible Minister by the 15th day of the fourth month after the end of the period for the entity Annual report compliance requirements — PGPA Rule Page reference 16F(1) In preparing the annual performance statements, the accountable authority of the entity must measure and assess the entity’s performance in achieving the entity’s purposes in the reporting period in accordance with the method of measuring and assessing the entity’s performance in the reporting period that was set out in the entity’s corporate plan, and in any Portfolio Budget Statement, Portfolio Additional Estimates Statement or other portfolio estimates statement, that were prepared for the reporting period. 44