Document ID: chunk:federal_register_of_legislation:C2024C00492:section:44:p29
Version: federal_register_of_legislation:C2024C00492
Segment Type: section
Provision Reference: s 44 (pt 29/41)
Character Range: 849818–852633

following:
 (a) a body corporate;
 (b) a partnership;
 (c) an unincorporated body;
 (d) an individual;
 (e) for a trust that has only 1 trustee—the trustee;
 (f) for a trust that has more than 1 trustee—the trustees together.
Otherwise, entity has the meaning given by section 694‑40.
examinable affairs of an Aboriginal and Torres Strait Islander corporation means:
 (a) the promotion, formation, management, administration, restructuring or winding up of the corporation; or
 (b) any other affairs of the corporation (including anything that is included in the corporation's affairs because of the definition of affairs in this section); or
 (c) the business affairs of a connected entity of the corporation, in so far as they are, or appear to be, relevant to:
 (i) the corporation; or
 (ii) anything that is included in the corporation's examinable affairs because of paragraph (a) or (b).
examinable assets and liabilities of an entity means all of the following:
 (a) the entity's property and assets:
 (i) whether present or future; and
 (ii) whether held alone or jointly with any other person or persons; and
 (iii) whether or not held as agent, bailee or trustee;
 (b) the entity's liabilities:
 (i) whether present or future; and
 (ii) whether actual or contingent; and
 (iii) whether owed alone or jointly with any other person or persons; and
 (iv) whether or not owed as trustee.
examinable operations of an entity means all of the following:
 (a) the entity's business, trading, transactions and dealings:
 (i) whether alone or jointly with any other entity or entities; and
 (ii) whether or not as agent, bailee or trustee;
 (b) the entity's profits, income and receipts;
 (c) the entity's losses, outgoings and expenditure.
excluded winding up provisions of the Corporations Act has the meaning given by subsection 526‑35(3).
expert, in relation to a matter, means a person whose profession or reputation gives authority to a statement made by him or her in relation to that matter.
extend, in relation to a period:
 (a) includes further extend; and
 (b) has a meaning affected by section 694‑50.
Federal Court means the Federal Court of Australia.
financial benefit has a meaning that is affected by section 293‑5.
financial records includes:
 (a) invoices, receipts, orders for the payment of money, bills of exchange, cheques, promissory notes and vouchers; and
 (b) documents of prime entry; and
 (c) working papers and other documents needed to explain:
 (i) the methods by which a financial report is made up; and
 (ii) adjustments to be made in preparing a financial report.
financial report means a financial report prepared under Chapter 7.
financial year has the meaning given by subsections 333‑5(4), (4A) and (5).
general law means the principles and rules of the common law and equity.