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s 781

Copy of full report or concise report may be published in journal

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Chapter 12Industrial organisations and associated entities
Part 11Records and accounts
Division 6Accounts and audit
Subdivision 5Reporting requirements

781 Copy of full report or concise report may be published in journal

(1)

If a reporting unit publishes a journal of the reporting unit that is available to its members free of charge, a designated officer of the reporting unit is taken to have complied with section 778(1) if—

(a)

the full report is published in the journal; or

(b)

a concise report as described in section 778(3) is prepared and published in the journal.

(2)

If a reporting unit consists of 2 or more branches of an organisation and 1 of the branches publishes a journal of the branch that is available to its members free of charge, a designated officer of the reporting unit is taken to have complied with section 778(1) in relation to the members if—

(a)

the full report is published in the journal; or

(b)

a concise report as described in section 778(3) is prepared and published in the journal.

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