Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 5 - MEETINGS  

PART 5-2 - GENERAL MEETINGS  

Division 201 - What are the rules concerning general meetings?  

Subdivision 201-G - First general meeting and annual general meetings  

SECTION 201-170   QUESTIONS BY MEMBERS OF AUDITORS AT AGM  

201-170(1)    
If an Aboriginal and Torres Strait Islander corporation ' s auditor (if any) or the auditor ' s representative is at an AGM, the chair of the meeting must allow a reasonable opportunity for the members as a whole at the meeting to ask the auditor or the auditor ' s representative questions relevant to:

(a)    the conduct of the audit; and

(b)    the preparation and content of the auditor ' s report; and

(c)    the accounting policies adopted by the corporation in relation to the preparation of the financial statements; and

(d)    the independence of the auditor in relation to the conduct of the audit.

Penalty: 5 penalty units.

201-170(2)    
An offence against subsection (1) is an offence of strict liability.

Note:

For strict liability , see section 6.1 of the Criminal Code .