Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 7 - RECORD KEEPING, REPORTING REQUIREMENTS AND BOOKS  

PART 7-3 - REPORTING REQUIREMENTS  

Division 333 - Financial and other reports required by the regulations  

SECTION 333-10   CONTENTS OF REPORTS  
General

333-10(1)    
A section 333-5 report must contain the information required by the regulations.

333-10(2)    
Regulations made for the purposes of subsection (1) may impose a requirement by applying, adopting or incorporating (with or without modification) provisions of the accounting standards as in force from time to time. This subsection does not limit subsection (1) .

Financial reports

333-10(3)    
If a section 333-5 report is a financial report for a financial year, regulations made for the purposes of subsection (1) may impose one or more of the following requirements:

(a)    a requirement that the financial report is to consist of the financial statements, financial notes and declarations specified in:

(i) the regulations; or

(ii) the accounting standards as in force from time to time (with the modifications (if any) specified in the regulations);

(b)    a requirement that the financial report deal with the financial affairs of another corporation or entity or a consolidated entity of which the corporation is a member;

(c)    a requirement that the financial report give a true and fair view of:

(i) the financial position and performance of the corporation; and

(ii) the financial position and performance of any other corporation or entity whose financial affairs are required to be reported on in the financial report or a consolidated entity of which the corporation is a member.

This subsection does not limit subsection (1) .