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s 753

Designated officers

In force
Chapter 12Industrial organisations and associated entities
Part 11Records and accounts
Division 6Accounts and audit
Subdivision 2Reporting units

753 Designated officers

(1)

A designated officer, for a reporting unit, is an officer of the reporting unit who, under the rules of the reporting unit, is responsible (whether alone or with others) for carrying out the functions necessary to enable the reporting unit to comply with this division.

(2)

For subsection (1), an officer of a reporting unit is—

(a)

if the reporting unit is all of an organisation—an officer for the organisation; or

(b)

if a reporting unit is not all of an organisation—an officer of the branch, or one of the branches, that constitutes the reporting unit.

(3)

If a provision of this division requires a designated officer to perform a function, the rules of the reporting unit must identify an officer as the designated officer for the performance of the function.

(4)

If the rules of the reporting unit do not identify an officer as the designated officer for the performance of a function, the designated officer for the performance of that function is taken to be the secretary of the organisation.

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