THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

CHAPTER 7 - SECURITIES

PART 7.8 - DEPOSITS WITH STOCK EXCHANGES

SECTION 892 ACCOUNTS IN RESPECT OF DEPOSITS

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892(1) [Stock exchange to keep accounts]

A stock exchange shall establish and keep proper accounts of deposits received by the stock exchange under this Part or a corresponding previous law and shall, within 1 month after each quarter day, cause a balance-sheet to be made out as at that day.

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892(2) [Stock exchange to appoint auditor]

A stock exchange shall appoint a registered company auditor to audit its accounts relating to deposits.

892(3) [Auditor to give report to stock exchange board]

An auditor appointed by a stock exchange shall audit the accounts relating to deposits received by the stock exchange and each balance sheet and shall cause a report on the accounts and balance-sheet to be given to the board of the stock exchange within one month after the balance-sheet is made out.

892(4) [Stock exchange to lodge copy of report]

A stock exchange shall lodge a copy of each report given to the board of the stock exchange under this section and of the balance-sheet to which the report relates within 14 days after the report was given to the board.

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