Corporations Act 2001

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT  

PART 2M.6 - EXEMPTIONS AND MODIFICATIONS  

SECTION 342AC  

342AC   EXEMPTION ORDERS - CRITERIA FOR ORDERS FOR NON-AUDITOR MEMBERS ETC.  


To make an order under section 342AA or 342AB , ASIC must be satisfied that complying with the relevant requirements of Division 3 of Part 2M.4 would:


(a) make the financial report or other reports misleading; or


(b) be inappropriate in the circumstances; or


(c) impose unreasonable burdens.


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