THE CORPORATIONS LAW
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 2M - FINANCIAL REPORTS AND AUDIT
PART 2M.3 - FINANCIAL REPORTING
Division 4 - Annual financial reporting to members
SECTION 314 ANNUAL FINANCIAL REPORTING TO MEMBERS 314(1) Full or concise report to members. A company, registered scheme or disclosing entity must report to members for a financial year by either: (a) sending members copies of:(i) the financial report for the year; and
(ii) the directors' report for the year (see sections 298 - 300); and
(iii) the auditor's report on the financial report; or(b) sending members a concise report for the year that complies with subsection (2).
(i) that the financial report has been audited; and
(ii) whether, in the auditor's opinion, the concise financial report complies with the accounting standards made for the purposes of paragraph (a); and(d) a copy of any qualification in, and of any statements included in the emphasis of matter section of, the auditor's report on the financial report; and (e) a statement that the report is a concise report and that the full financial report and auditor's report will be sent to the member free of charge if the member asks for them.
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