45. (1) For the purposes of subsection 87 (2) of the Audit Act 1989, the Board is declared to be a public authority to which Divisions 1 and 3 of Part IX of that Act apply.
(2) For the purposes of this Part, in sections 95 and 96 of the Audit Act 1989 —
(a) a reference to moneys includes a reference to moneys held on trust;
(b) a reference to transactions and affairs includes a reference to transactions and affairs relating to moneys, or assets, held on trust; and
(c) a reference to assets includes a reference to assets held on trust.
(3) The Board shall include in reports of its operations submitted in accordance with section 97 of the Audit Act 1989 details of any direction given under subsection 6 (3) or 7 (3).