Online version of the 2013-14 Department of Health Annual Report
At 30 June 2014 the TGA did not have any quantifiable contingent assets or liabilities (2012-13: nil).
At 30 June 2014 the TGA did not have any unquantifiable contingent assets (2012-13: nil).
The TGA has provided an indemnity to its transactional banker in relation to any claims made against the bank resulting from errors in the TGA’s payment files. It is not possible to estimate the amounts of any payments that may be required under this indemnity. The same indemnity existed at 30 June 2013.
Significant remote contingencies
At 30 June 2014 the TGA did not have any significant remote contingencies (2012-13: nil).