Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts23. (1) Annual financial statements of the Territory shall have endorsed on them, or attached to them, a statement of responsibility signed by—
(a) the Treasurer; and
(b) the Chief Executive of the administrative unit to which responsibility for the administration of this Act has been allocated under section 14 of the Public Sector Management Act 1994 .
(2) A statement of responsibility shall comprise—
(a) a statement by the Treasurer that in his or her opinion the financial statements fairly reflect the financial operations of the Territory during the year to which they relate and the financial position of the Territory at the end of the year; and
(b) a statement by the Chief Executive that the financial statements have been prepared in accordance with generally accepted accounting practice.