Queensland Consolidated Acts

INDUSTRIAL RELATIONS ACT 2016 - SECT 750

750 Exemptions from certain Australian Accounting Standards

(1) The registrar may, by written notice, decide that particular Australian Accounting Standards do not apply in relation to an organisation or to a class of organisations.

(2) In considering whether a particular Australian Accounting Standard should not apply in relation to an organisation or organisations, the registrar must have regard to the cost to the organisation or organisations of complying with the standard and the information needs of the members of the organisation or organisations.