sec.778Copies of full report or concise report to be given to members

### sec.778 Copies of full report or concise report to be given to members A designated officer of the reporting unit must give to its members, free of charge, 1 of the following— a full report consisting of— a copy of the auditor’s report in relation to the inspection and audit of the reporting unit’s financial records for a financial year; and a copy of the general purpose financial report to which the report relates; and a copy of the operating report to which the report relates; a concise report for the financial year that complies with subsection (3) . Maximum penalty—100 penalty units. However, a concise report may only be given if the unit’s management committee resolves that a concise report may be given. A concise report for a financial year consists of— a concise financial report for the year drawn up as prescribed by regulation; and the operating report for the year; and a statement by the auditor— that the concise financial report has been audited; and whether, in the auditor’s opinion, the concise financial report complies with the relevant Australian Accounting Standards; and a copy of anything included under section 768 (1) to (5) in the auditor’s report on the full report; and a statement that the report is a concise report and that a copy of the full report and auditor’s report will be sent to the member free of charge if requested. (sec.778-ssec.1) A designated officer of the reporting unit must give to its members, free of charge, 1 of the following— a full report consisting of— a copy of the auditor’s report in relation to the inspection and audit of the reporting unit’s financial records for a financial year; and a copy of the general purpose financial report to which the report relates; and a copy of the operating report to which the report relates; a concise report for the financial year that complies with subsection (3) . Maximum penalty—100 penalty units. (sec.778-ssec.2) However, a concise report may only be given if the unit’s management committee resolves that a concise report may be given. (sec.778-ssec.3) A concise report for a financial year consists of— a concise financial report for the year drawn up as prescribed by regulation; and the operating report for the year; and a statement by the auditor— that the concise financial report has been audited; and whether, in the auditor’s opinion, the concise financial report complies with the relevant Australian Accounting Standards; and a copy of anything included under section 768 (1) to (5) in the auditor’s report on the full report; and a statement that the report is a concise report and that a copy of the full report and auditor’s report will be sent to the member free of charge if requested. - (a) a full report consisting of— (i) a copy of the auditor’s report in relation to the inspection and audit of the reporting unit’s financial records for a financial year; and (ii) a copy of the general purpose financial report to which the report relates; and (iii) a copy of the operating report to which the report relates; - (i) a copy of the auditor’s report in relation to the inspection and audit of the reporting unit’s financial records for a financial year; and - (ii) a copy of the general purpose financial report to which the report relates; and - (iii) a copy of the operating report to which the report relates; - (b) a concise report for the financial year that complies with subsection (3) . - (i) a copy of the auditor’s report in relation to the inspection and audit of the reporting unit’s financial records for a financial year; and - (ii) a copy of the general purpose financial report to which the report relates; and - (iii) a copy of the operating report to which the report relates; - (a) a concise financial report for the year drawn up as prescribed by regulation; and - (b) the operating report for the year; and - (c) a statement by the auditor— (i) that the concise financial report has been audited; and (ii) whether, in the auditor’s opinion, the concise financial report complies with the relevant Australian Accounting Standards; and - (i) that the concise financial report has been audited; and - (ii) whether, in the auditor’s opinion, the concise financial report complies with the relevant Australian Accounting Standards; and - (d) a copy of anything included under section 768 (1) to (5) in the auditor’s report on the full report; and - (e) a statement that the report is a concise report and that a copy of the full report and auditor’s report will be sent to the member free of charge if requested. - (i) that the concise financial report has been audited; and - (ii) whether, in the auditor’s opinion, the concise financial report complies with the relevant Australian Accounting Standards; and