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2012 Annual Report - Queensland Symphony Orchestra

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41 <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />

42<br />

Directors’ Declaration<br />

In accordance with a resolution of the directors of <strong>Queensland</strong> <strong>Symphony</strong> <strong>Orchestra</strong> Holdings Ltd and its controlled entities, I state that:<br />

In the opinion of the directors:<br />

(a) the Company is not a reporting entity as defined in the Australian Accounting Standards;<br />

(b) The consolidated financial statements and notes of the Company are in accordance with the Tripartite Funding Agreement and the<br />

Corporations Act 2001, including:<br />

(i) giving a true and fair view of the Company’s financial position as at 31 December <strong>2012</strong> and of its performance for the year<br />

ended on that date; and<br />

(ii) complying with Australian Accounting Standards to the extent described in Note 1 to the financial statements and complying<br />

with the Corporations Regulations 2001;<br />

(c) there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.<br />

On behalf of the Board<br />

Greg Wanchap<br />

Chairman<br />

Brisbane

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