Note 33 Events occurring after the end of the During the year, the Commission has no known or suspected reporting period contaminated sites. There were no events occurring after the end of the reporting period Contingent assets that impact on the financial statements. The Commission has no contingent assets. Note 34 Affiliated bodies Note 36 Supplementary financial information Salaries and Allowances Tribunal (a) Losses through theft, defaults and other causes The Tribunal, established by section 5 of the Salaries and Allowances Act 1975, is a government affiliated body that received administrative 2018 2017 support from, but is not subject to operational control by, the $000 $000 Commission. It is funded by a Parliamentary appropriation of $1 091 Losses of public money through default - salary 000 for 2017-18 ($906 000 for 2016-17). 11 4 overpayments deemed unrecoverable 11 4 Note 35 Contingent liabilities and contingent assets Contingent liabilities The Commission has no contingent liabilities. Contaminated sites Under the Contaminated Sites Act 2003 the Commission is required to report known and suspected contaminated sites to the Department of Water and Environment Regulation (DWER). In accordance with the Act DWER classifies these sites on the basis of the risk to human health, the environment and environmental values. Where sites are classified as contaminated - remediation required or possibly contaminated - investigation required, the Commission may have a liability in respect of investigation or remediation expenses.
Note 33 Events occurring after the end of the reporting period There were no events occurring after the end of the reporting period that impact on the financial statements. Note 34 Affiliated bodies Salaries and Allowances Tribunal The Tribunal, established by section 5 of the Salaries and Allowances Act 1975, is a government affiliated body that received administrative support from, but is not subject to operational control by, the Commission. It is funded by a Parliamentary appropriation of $1 091 000 for 2017-18 ($906 000 for 2016-17). Note 35 Contingent liabilities and contingent assets Contingent liabilities The Commission has no contingent liabilities. Contaminated sites Under the Contaminated Sites Act 2003 the Commission is required to report known and suspected contaminated sites to the Department of Water and Environment Regulation (DWER). In accordance with the Act DWER classifies these sites on the basis of the risk to human health, the environment and environmental values. Where sites are classified as contaminated - remediation required or possibly contaminated - investigation required, the Commission may have a liability in respect of investigation or remediation expenses. During the year, the Commission has no known or suspected contaminated sites. Contingent assets The Commission has no contingent assets. Note 36 Supplementary financial information (a) Losses through theft, defaults and other causes 2018 $000 2017 $000 Losses of public money through default - salary overpayments deemed unrecoverable 11 4 11 4
psc_annual_report_2017-18_2.docx