QLDIn ForceAct
South Bank Corporation Act 1989
sec.124Audit of body corporate’s accounts for certain financial years
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### sec.124 Audit of body corporate’s accounts for certain financial years
This section applies if, before the commencement, a body corporate appointed a person mentioned in pre-amended schedule 4, section 29B(2)(b) to carry out an audit of the books and accounts of the body corporate—
for the 2004–2005 financial year and the person has not carried out the audit; or
for the 2005–2006 financial year.
For the purpose of the person carrying out the audit, pre-amended schedule 4, section 29B(2)(b) continues to apply as if the Audit Legislation Amendment Act 2006 had not commenced.
In this section—
commencement means commencement of this section.
pre-amended , in relation to schedule 4, section 29B(2)(b), means the provision as in force before the commencement.
s 124 ins 2006 No. 9 s 49
(sec.124-ssec.1) This section applies if, before the commencement, a body corporate appointed a person mentioned in pre-amended schedule 4, section 29B(2)(b) to carry out an audit of the books and accounts of the body corporate— for the 2004–2005 financial year and the person has not carried out the audit; or for the 2005–2006 financial year.
(sec.124-ssec.2) For the purpose of the person carrying out the audit, pre-amended schedule 4, section 29B(2)(b) continues to apply as if the Audit Legislation Amendment Act 2006 had not commenced.
(sec.124-ssec.3) In this section— commencement means commencement of this section. pre-amended , in relation to schedule 4, section 29B(2)(b), means the provision as in force before the commencement.
- (a) for the 2004–2005 financial year and the person has not carried out the audit; or
- (b) for the 2005–2006 financial year.