Document ID: chunk:federal_register_of_legislation:C2007C00533:clause:3_203dd
Version: federal_register_of_legislation:C2007C00533
Segment Type: clause
Provision Reference: sch 3 cl 203DD
Character Range: 452132–453040

203DD  Modified requirements for first year of recognition

Body recognised during last 3 months of a financial year

 (1) If the recognition of a representative body under section 203AD takes effect during the last 3 months of a financial year:
 (a) the representative body is not required to prepare an annual report and financial statements for that financial year; and
 (b) the period from the time of recognition to the end of the financial year must be dealt with in the next annual report and financial statements.

Representative body established during first 9 months of a financial year

 (2) Subject to section 203DE, if the recognition of a representative body under section 203AD takes effect during the first 9 months of a financial year, the annual report and financial statements for the financial year must cover the period from the time of recognition to the end of the financial year.