31
CurrentApplication of Corporations Act
Part 2Darwin Waterfront Corporation
Division 4Reporting requirements
31 Application of Corporations Act
(1) The accounting and reporting obligations imposed on a public company under the Corporations Act 2001 apply to the Corporation as if:
(a)
the Corporation were a public company; and
(b)
the Territory were the shareholders of the company.
(2) To avoid doubt, the obligations mentioned in subsection (1) include obligations to prepare financial statements and the application of the relevant standards for those obligations.
This Act’s bill:Explanatory statementSecond reading speech
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