CORPORATIONS ACT 2001

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT  

PART 2M.6 - EXEMPTIONS AND MODIFICATIONS  

SECTION 341   EXEMPTION ORDERS - CLASS ORDERS FOR COMPANIES, REGISTERED SCHEMES AND DISCLOSING ENTITIES  

341(1)   [ Specified class]  

ASIC may make an order in writing in respect of a specified class of companies, registered schemes or disclosing entities, relieving any of the following from all or specified requirements of Parts 2M.2 , 2M.3 and 2M.4 (other than Division 4 ):


(a) directors;


(b) the companies, registered schemes or disclosing entities themselves;


(c) auditors of the companies, registered schemes or disclosing entities.

Note: For the criteria for making orders under this section, see section 342 .

341(2)   [ Order]  

The order may:


(a) be expressed to be subject to conditions; and


(b) be indefinite or limited to a specified period.

341(3)   [ Published in the Gazette ]  

Notice of the making, revocation or suspension of the order must be published in the Gazette .


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.