THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

PART 11.2 - COMMENCEMENT AND APPLICATION OF CERTAIN CHANGES TO THIS LAW

Division 8 - Changes resulting from the First Corporate Law Simplification Act 1995

SECTION 1409   APPLICATION OF AUDIT REQUIREMENTS FOR LARGE PROPRIETARY COMPANIES  

1409    Despite section 1408, the first financial year for which a large proprietary company that was an exempt propietary company immediately before the commencement of this section must have its accounts audited under section 296 (as amended by the Amending Act) is the first financial year that starts after the commencement of this section.