Corporations Amendment (Corporate Reporting Reform) Act 2010 (66 of 2010)

Schedule 1   Amendments relating to the Corporations Act 2001

Part 1   Main amendments

Corporations Act 2001

45   After section 324BD

Insert:

324BE Exception from registration requirement - reviewing financial reports of companies limited by guarantee

(1) An individual is taken to be a registered company auditor for the purposes of a review of a financial report of a company limited by guarantee if the individual:

(a) is a member of a professional accounting body; and

(b) holds a practising certificate of the kind specified in the regulations.

(2) The provisions of this Act apply, with the necessary modifications, in relation to the individual accordingly.