Corporations Amendment (Crowd-sourced Funding) Act 2017 (17 of 2017)

Schedule 2   Related amendments of corporate governance requirements

Corporations Act 2001

9   After subsection 314(2)

Insert:

(2A) If the company is covered under section 738ZI at the end of the financial year mentioned in subsection (1), apply subsection (2) to the company in relation to that financial year with the following modifications:

(a) omit paragraphs (2)(c) and (d);

(b) omit the words "and that the full financial report and auditor's report will be sent to the member free of charge if the member asks for them" in paragraph (2)(e).