THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.8 - DEPOSITS WITH STOCK EXCHANGES

SECTION 892   ACCOUNTS IN RESPECT OF DEPOSITS  

892(1)  [Stock exchange to keep accounts]  

A stock exchange shall establish and keep proper accounts of deposits received by the stock exchange under this Part or a corresponding previous law and shall, within 1 month after each quarter day, cause a balance-sheet to be made out as at that day.

892(2)  [Stock exchange to appoint auditor]  

A stock exchange shall appoint a registered company auditor to audit its accounts relating to deposits.

892(3)  [Auditor to give report to stock exchange board]  

An auditor appointed by a stock exchange shall audit the accounts relating to deposits received by the stock exchange and each balance sheet and shall cause a report on the accounts and balance-sheet to be given to the board of the stock exchange within one month after the balance-sheet is made out.

892(4)  [Stock exchange to lodge copy of report]  

A stock exchange shall lodge a copy of each report given to the board of the stock exchange under this section and of the balance-sheet to which the report relates within 14 days after the report was given to the board.