283Application of Corporations Act—audit and auditor’s report

283 Application of Corporations Act—audit and auditor’s report

283 Application of Corporations Act—audit and auditor’s report

A co-operative is declared to be an applied Corporations legislation matter for the purposes of the Corporations application legislation of this jurisdiction in relation to Division 3 of Part 2M.3 of the Corporations Act, subject to the following modifications—

(a) section 308 (3AA) of the applied provisions is to be read as if the words “company limited by guarantee” were omitted and the words “small co-operative” were substituted;

(b) section 311 (5) of the applied provisions is to be read as if the reference to section 344 of the Corporations Act were a reference to section 328 of this Law;

(c) the modifications referred to in sections 13 (3) and 264 of this Law so far as they are relevant.

Note—

See section 13, including Note 1 to that section.