Finances: Directors' statement | Income and expenditure statement

Directors' statement

1. The accounts of the Association set out on schedules 1 to 4 are drawn up so as to give a true and fair view of:
   1. the state of affairs at 31 December 1999 and the result and cash flows for the financial year ended on that date of the Association; and
   2. are in accordance with the Bylaws of the Association.
2. At the date of this statement there are reasonable grounds to believe that the Association will be able to pay its debts as and when they fall due.

The accounts are drawn up in accordance with applicable accounting standards and other mandatory professional reporting requirements.

For and on behalf of the Board

J Shipp
Director

Canberra May 2000