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Letter of Transmittal
30 September 2007
The Hon. Sussan Ley, MP
Parliamentary Secretary to the Minister for Agriculture, Fisheries and Forestry
Parliament House
CANBERRA ACT 2600
cc The Hon. Peter McGauran, MP
Minister for Agriculture, Fisheries and Forestry
Dear Parliamentary Secretary
I have pleasure in presenting the annual report of the Grains Research and Development Corporation (GRDC) for the year ended 30 June 2007, in accordance with section 9 of the Commonwealth Authorities and Companies Act 1997(CAC Act) and section 28 of the Primary Industries and Energy Research and Development Act 1989 (PIERD Act).
The GRDC is confident that its performance in 2006-07 contributed to the industry's and the government's vision for a profitable, internationally competitive and ecologically sustainable Australian grains industry. This vision is consistent with the GRDC's responsibility to plan and report against the:
- objects in the PIERD Act
- planned outcomes of Driving Innovation, the corporation's Five Year Research and Development Plan 2002-07
- outcomes and outputs described in the annual operational plan and portfolio budget statements for 2006-07.
This annual report complies with the planning and reporting requirements prescribed by the CAC Act. GRDC directors are responsible for producing an annual report in accordance with the rules laid down in Schedule 1 of the Act, including a 'Report of Operations' as defined in the Minister for Finance and Administration's Commonwealth Authorities and Companies (Report of Operations) Orders 2005.
The attached Report of Operations was made in accordance with a resolution of the corporation's directors on 18 September 2007 and, in my opinion, presents fairly the information required by the Minister's orders.
Yours sincerely
TERRY J ENRIGHT
Chairman
