2020-11-16 GC Agenda - Item 6 - Attachment 1 - Noosa Council Annual Report 2019-20

Noosa Shire Council

Notes to the Financial Statements
for the year ended 30 June 2020

Note 33. Transactions with Related Parties                          (continued)

                                                                                                                        2019
(g) Loans and gurarantees to/from related parties

Council does not make loans to or receive loans from related parties. No guarantees have been provided.



(h) Commitments to/from other related parties

Council has no outstanding commitments to/from other related parties.



(i) Transactions with related parties that have not been disclosed

On a regular basis ordinary ratepayer transactions occur between Council and its related parties. Examples
include, rates and animal registrations. Council has not included these types of transactions in its disclosure
where they are made on the same terms and conditions available to the general public.




                                                                                                                  page 58