Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 5
-
MEETINGS
PART 5-2
-
GENERAL MEETINGS
Division 201
-
What are the rules concerning general meetings?
Subdivision 201-G
-
First general meeting and annual general meetings
SECTION 201-170
QUESTIONS BY MEMBERS OF AUDITORS AT AGM
201-170(1)
If an Aboriginal and Torres Strait Islander corporation ' s auditor (if any) or the auditor ' s representative is at an AGM, the chair of the meeting must allow a reasonable opportunity for the members as a whole at the meeting to ask the auditor or the auditor ' s representative questions relevant to: (a) the conduct of the audit; and (b) the preparation and content of the auditor ' s report; and (c) the accounting policies adopted by the corporation in relation to the preparation of the financial statements; and (d) the independence of the auditor in relation to the conduct of the audit.
201-170(2)
An offence against subsection (1) is an offence of strict liability.
If an Aboriginal and Torres Strait Islander corporation ' s auditor (if any) or the auditor ' s representative is at an AGM, the chair of the meeting must allow a reasonable opportunity for the members as a whole at the meeting to ask the auditor or the auditor ' s representative questions relevant to: (a) the conduct of the audit; and (b) the preparation and content of the auditor ' s report; and (c) the accounting policies adopted by the corporation in relation to the preparation of the financial statements; and (d) the independence of the auditor in relation to the conduct of the audit.
Penalty: 5 penalty units.
201-170(2)
An offence against subsection (1) is an offence of strict liability.
Note:
For strict liability , see section 6.1 of the Criminal Code .