262Questions by members of auditors at annual general meeting

262 Questions by members of auditors at annual general meeting (cf Corporations Act s 250T) ........................................................ 161

Co-operatives (National Uniform Legislation) Act 2015 xiii Part 3.3 Financial reports and audit Division 1 Preliminary 263 Interpretation ............................................................................... 163 264 General modifications to applied provisions of Chapter 2M of Corporations Act .......................................................................... 164 Division 2 Financial records 265 Obligation to keep financial records (cf Corporations Act s 286) .......................................................................................... 165 266 Language requirements (cf Corporations Act s 287) ................... 165 267 Physical format (cf Corporations Act s 288)................................. 165 268 Place where records are kept (cf Corporations Act s 289) .......... 166 269 Director access (cf Corporations Act s 290) ................................ 166 Division 3 Annual financial reports and directors' reports 270 Who has to prepare annual financial reports and directors' reports ......................................................................................... 167 271 Small co-operative – direction by members (cf Corporations Act s 293 and s 315 (2)) .............................................................. 168 272 Small co-operative – direction by Registrar (cf Corporations Act s 294) .................................................................................... 169 Division 4 Annual financial reports 273 Contents of annual financial report (cf Corporations Act s 295)... 170 274 Compliance with accounting standards and regulations (cf Corporations Act s 296) .......................................................... 171 275 True and fair view (cf Corporations Act s 297)............................. 171 276 Audit of annual financial report .................................................... 172 277 Application of Corporations Act – co-operatives with quoted securities – declaration about financial statements by certain officers ......................................................................................... 173 Division 5 Annual directors' reports 278 Annual directors' report (cf Corporations Act s 298) .................... 173 279 Annual directors' report – general information (cf Corporations Act s 299) .................................................................................... 174 280 Annual directors' report – specific information ............................. 175 281 Application of Corporations Act – co-operatives with quoted securities – additional information to be provided in directors' annual report ............................................................................... 180

Co-operatives (National Uniform Legislation) Act 2015 xiv