Content of the corporation's report
54 Content of the corporation's report
The report must include the following matters:
a statement, in a form approved by the CATSI Registrar, whether the Governing Committee and the transitional corporation have complied with the obligations imposed by:
the corporation's Rules; and
the old Act;
during the item 53 period;
a balance sheet setting out the assets and liabilities of the corporation as at 30 June 2007;
an income and expenditure statement giving a true and fair view of the income and expenditure of the corporation for the item 53 period;
a copy of the last list given by the Governing Committee under subsection 58(3) or (4) of the old Act.
This Act’s bill:Explanatory memorandumSecond reading speech
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