THE CORPORATIONS LAW

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT

PART 2M.3 - FINANCIAL REPORTING

Division 4 - Annual financial reporting to members

SECTION 317   CONSIDERATION OF REPORTS AT AGM  

317     The directors of a public company that is required to hold an AGM must lay before the AGM:

(a)  the financial report; and

(b)  the directors' report; and

(c)  the auditor's report;

for the last financial year that ended before the AGM.

Note 1:

If the company's first AGM is held before the end of its first financial year, there will be no reports to lay before the meeting.

Note 2:

A public company that has only 1 member is not required to hold an AGM (see section 250N).




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