Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 302

A disclosing entity must:

(a)

prepare a financial report and directors' report for each half-year; and

(b)

have the financial report audited or reviewed in accordance with Division 3 and obtain an auditor's report; and

(c)

lodge the financial report, the directors' report and the auditor's report on the financial report with ASIC;

unless the entity is not a disclosing entity when lodgment is due.

Note 1: This Chapter only applies to disclosing entities incorporated or formed in Australia (see subsection 285(2)).

Note 2: See section 320 for the time for lodgment with ASIC.

Note 3: Subsection 318(4) requires disclosing entities that are borrowers in relation to debentures to also report to the trustee for debenture holders.