Company Law Review Act 1998 (61 of 1998)
Schedule 2 Consequential amendment of the Corporations Law
Part 4 Financial reports and audit (new Chapter 2M)
276 Subsection 45A(4)
Repeal the subsection, substitute:
When a company controls an entity
(4) For the purposes of this section, the question whether a proprietary company controls an entity is to be decided in accordance with the accounting standards made for the purposes of paragraph 295(2)(d) (even if the standards do not otherwise apply to the company).
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