Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A section 333 - 5 report must contain the information required by the regulations.
(2) Regulations made for the purposes of subsection (1) may impose a requirement by applying, adopting or incorporating (with or without modification) provisions of the accounting standards as in force from time to time. This subsection does not limit subsection (1).
(3) If a section 333 - 5 report is a financial report for a financial year, regulations made for the purposes of subsection (1) may impose one or more of the following requirements:
(a) a requirement that the financial report is to consist of the financial statements, financial notes and declarations specified in:
(ii) the accounting standards as in force from time to time (with the modifications (if any) specified in the regulations);
(b) a requirement that the financial report deal with the financial affairs of another corporation or entity or a consolidated entity of which the corporation is a member;
(c) a requirement that the financial report give a true and fair view of:
(i) the financial position and performance of the corporation; and
(ii) the financial position and performance of any other corporation or entity whose financial affairs are required to be reported on in the financial report or a consolidated entity of which the corporation is a member.
This subsection does not limit subsection (1).