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

42   Subsection 319(2)

Repeal the subsection, substitute:

(2) Subsection (1) does not apply to:

(a) a small proprietary company that prepares a report in response to a shareholder direction under section 293 or an ASIC direction under section 294; and

(b) a small company limited by guarantee that prepares a report in response to a member direction under section 294A or an ASIC direction under section 294B.