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SANCTUARY COVE RESORT ACT 1985 - SECT 123
Auditing accounts for first annual general meeting after evaluation day
123 Auditing accounts for first annual general meeting after evaluation day
(1) This section applies if— (a) before the effective day— (i) the
principal body corporate authorised a person to prepare a statement of
accounts under section 33 (1) (f) for adoption at the body corporate’s
annual general meeting; and
(ii) the person started to prepare the statement
of accounts; and
(b) the annual general meeting has not happened.
(2)
Section 47J does not apply for auditing the statement of accounts for the
period to which the authorisation relates.
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