Document ID: chunk:federal_register_of_legislation:C2024C00345:front:0:p7
Version: federal_register_of_legislation:C2024C00345
Segment Type: other
Provision Reference: 
Character Range: 16709–19797

Division 3—Accounting obligations
Subdivision A—General obligations
252 Reporting unit to keep proper financial records
253 Reporting unit to prepare general purpose financial report
254 Reporting unit to prepare operating report
Subdivision B—Reporting guidelines
255 Reporting guidelines
Division 4—Auditors
Subdivision A—Registration of auditors
255A Applications may be made for registration as an auditor
255B Registration by General Manager
255C Circumstances in which a person meets educational etc. requirements
255D General Manager must give an opportunity to be heard before refusal and written notice of decision
255E Refusal to grant an application for registration
255F General Manager must give certificate of registration
255G Cancellation and suspension of registration—general
255H Cancellation and suspension of registration—person no longer a registered company auditor
255J Written notice to be given of cancellation or suspension of registration
255K Registered auditors to advise of material changes in circumstance etc.
255L General Manager may request further information
255M Basis of registration
255N Regulations
Subdivision B—Audits
256 Auditors of reporting units
256A Limited term to play significant role in audit of a reporting unit
257 Powers and duties of auditors
258 Obstruction etc. of auditors
259 Reporting unit to forward notices etc. to auditor
260 Auditor entitled to attend meetings at which report presented
261 Auditors and other persons to enjoy qualified privilege in certain circumstances
262 Fees and expenses of auditors
263 Removal of auditor
264 Resignation of auditor
Division 5—Reporting requirements
265 Copies of full report or concise report to be provided to members
266 Full report to be presented to meetings
267 Comments by committee members not to be false or misleading
268 Reports etc. to be lodged with the FWC
Division 6—Reduced reporting requirements for particular reporting units
269 Reporting units with substantial common membership with State registered bodies
270 Organisations with income of less than certain amount
271 Exemption from this Part of certain reporting units
Division 7—Members' access to financial records
272 Information to be provided to members or General Manager
273 Order for inspection of financial records
274 Frivolous or vexatious applications
275 Ancillary orders
276 Disclosure of information acquired in inspection
277 Reporting unit or committee of management may allow member to inspect books
278 FWC to be advised of breaches of Part or rules etc. found during inspection
279 Constitution of the FWC
Part 4—Access to organisations' books
280 Right of access to organisation's books
Chapter 9—Conduct of officers and employees
Part 1—Simplified outline of Chapter
281 Simplified outline
Part 2—General duties in relation to the financial management of organisations
Division 1—Preliminary
282 Simplified outline
283 Part only applies in relation to financial management
284 Meaning of involved
Division 2—General duties in relation to the financial management of organisations
285 Care