Western Australian Current Acts

CO-OPERATIVES ACT 2009 - SECT 244ZJ

244ZJ .         Application of Corporations Act: auditors

        (1)         A co-operative is declared to be an applied Corporations legislation matter for the purposes of the Corporations (Ancillary Provisions) Act 2001 Part 3 in relation to the Corporations Act Part 2M.4 Divisions 1 to 4, subject to the following modifications —

            (a)         Part 2M.4 Division 2 does not apply in relation to an auditor appointed in circumstances set out in section 244ZL(4) of this Act;

            (b)         section 324BA is to be read as if the words “Subject to section 324BD” were deleted;

            (c)         section 324BD and 324BE are taken to be deleted.

        (2)         A co-operative with quoted securities is declared to be an applied Corporations legislation matter for the purposes of the Corporations (Ancillary Provisions) Act 2001 Part 3 in relation to the Corporations Act Part 2M.4 Division 5.

        (3)         A reference in the provisions of the Corporations Act as applying under this section to a registered company auditor is taken to be a reference to a registered company auditor as defined in the Corporations Act (and accordingly a reference in that term to a company is not a reference to a co-operative).

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

        [Heading inserted: No. 7 of 2016 s. 85.]