Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 303

303. (1) A company's directors shall comply with section 301, or sections  301
and 302, as the case requires, in relation to a financial year:

   (a)  unless, pursuant to section 325 or 326, the company did not appoint an
        auditor to audit its financial statements for the financial
        year-before the auditor reports under this Part on the financial
        statements; or

   (b)  otherwise-before the deadline after the financial year.

(2) A statement required by section 301 or 302 in relation to a financial year
of a company shall:

   (a)  be made in accordance with a resolution of the directors;

   (b)  be made not more than 42 days before the day of the deadline after the
        financial year;

   (c)  specify the day on which it was made; and

   (d)  be signed by at least 2 directors.