sec.70Existing approvals relating to preparation of first annual financial statements

sec.70 Existing approvals relating to preparation of first annual financial statements

This section applies to an approval given by the Treasurer under repealed section 44(4) that was in effect immediately before the commencement. On the commencement, the approval— continues in effect; and is taken to have been given under section 40(4). (sec.70-ssec.1) This section applies to an approval given by the Treasurer under repealed section 44(4) that was in effect immediately before the commencement. (sec.70-ssec.2) On the commencement, the approval— continues in effect; and is taken to have been given under section 40(4).

• (a) continues in effect; and
• (b) is taken to have been given under section 40(4).