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Co-operatives National Law Application Act 2013
321Exemptions—criteria for exemptions for non-auditor members etc (cf Corporations Act s 342AC)
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321 Exemptions—criteria for exemptions for non-auditor members etc (cf Corporations Act s 342AC)
To grant an exemption under section 319 or 320, the Registrar must be satisfied that complying with the relevant requirements of the target provisions would:
(a) make the financial report or other reports misleading; or
(b) be inappropriate in the circumstances; or
(c) impose unreasonable burdens.