Examiner's report
64 Examiner's report
As soon as practicable after the report has been prepared, the transitional corporation must cause a person authorised by the CATSI Registrar for the purposes of this item:
to examine whether, during the financial year:
the directors; and
the corporation;
complied with the corporation's constitution, the new Act and this Schedule; and
to examine whether the balance sheet, and income and expenditure statement, for the financial year are:
based on proper accounts and records; and
are in agreement with those accounts and records; and
to give the transitional corporation a report of the results of those examinations, drawing attention to any irregularity that it has disclosed.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.