DRAFT Related Party Disclosure Policy
Nambucca Shire prepares reports that comply with Australian Accounting Standards. These Standards now include a requirement to report transactions with Related Parties.
This Policy identifies who are the ‘related parties’ in relation to Council, what equates to related party transactions and how to record these transactions.
The draft policy can viewed from the link below or in hard copy at the Nambucca library and Council Chambers until 28 August 2017.
Any enquiries can addressed to:
Nambucca Shire Council
PO Box 177 Macksville NSW 2447
The Office of Local Government (OLG) has circulated a better practice Councillor Expenses and Facilities Policy template.