Western Australian Current Acts

CO-OPERATIVES ACT 2009 - SECT 244M

244M .         True and fair view

        (1)         The financial statements and notes for a financial year must give a true and fair view of —

            (a)         the financial position and performance of the co-operative; and

            (b)         if consolidated financial statements are required — the financial position and performance of the consolidated entity.

        (2)         This section does not affect the obligation under section 244L for a financial report to comply with accounting standards.

        [Section 244M inserted: No. 7 of 2016 s. 85.]