Exemptions—criteria for exemptions for non‑auditor members etc (cf Corporations Act section 342AC)

Current

To grant an exemption under section 319 or 320, the Registrar must be satisfied that complying with the relevant requirements of the target provisions would—

(a)

make the financial report or other reports misleading; or

(b)

be inappropriate in the circumstances; or

(c)

impose unreasonable burdens.

This Act’s bill:Second reading speech

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321 Exemptions—criteria for exemptions for non‑auditor members etc (cf Corporations Act section 342AC)