Corporations Legislation Amendment (Deregulatory and Other Measures) Act 2015 (19 of 2015)

Schedule 1   Amendment of the Corporations Act 2001

7   After subsection 327A(1)


(1A) Subsection (1) does not apply in relation to a company if:

(a) the directors reasonably believe that subsection 301(3) will apply to the company's financial reports; or

(b) the company is a small company limited by guarantee.