Document ID: chunk:federal_register_of_legislation:C2004A04707:front:0:p5
Version: federal_register_of_legislation:C2004A04707
Segment Type: other
Provision Reference: 
Character Range: 10797–13506

those 6 months. However, if at the end of 75 days after those 6 months, the body or undertaking is no longer a disclosing entity, those 6 months are taken not to be, and never to have been, an accounting period of the body or undertaking.

"(5) An accounting period of the kind referred to in subsection (2) or (4) is a half-year.".

12. After section 53:

  Insert:

SCHEDULE 1—continued

Audited or reviewed in accordance with this Law

"53AAA. Accounts or financial statements are taken to be audited or reviewed in accordance with this Law if the requirements of Division 2 of Part 3.7 are complied with in relation to the accounts or financial statements.".

13. Section 57:

  Add at the end:

"(2) If the prescribed interests to which an undertaking relates are not divided into 2 or more classes, they constitute a class.".

14. After section 58B:

  Insert:

Deadline after an accounting period

"58C.(1) This section defines the deadline after an accounting period of a body or an undertaking to which prescribed interests relate.

"(2) If the accounting period is a financial year of a company that is not a disclosing entity at the end of the financial year, then, subject to subsection (3), the deadline after the accounting period is the end of the 14th day before the last day of the period (the 'meeting period') within which section 245 requires the company to hold an annual general meeting in relation to the financial year.

  "(3) If:

    (a) before the end of the meeting period, the company holds an annual general meeting in relation to the financial year; and

    (b) notice of the meeting was sent, at least 14 days before the last day of the meeting period, to persons entitled to receive notice of general meetings of the company;

the deadline after the accounting period is:

    (c) if notice of the meeting was so sent at least 14 days before the day of the meeting—the end of the 14th day before that day; or

  (d) otherwise—the time when notice of the meeting was so sent.

"(4) If the accounting period is an accounting period of a body or undertaking that is a disclosing entity at the end of the period, the deadline after the accounting period is:

    (a) if the accounting period is a financial year—the end of 90 days after the accounting period; or

    (b) if the accounting period is a half-year—the end of 75 days after the accounting period.".

SCHEDULE 1—continued

15. Subsection 60(1):

  Omit "body corporate" (wherever occurring), substitute "body".

16. Paragraph 60(1)(c):

  After "incorporated" insert "or formed".

17. Subparagraph 60(1)(c)(iii):

  Omit "act; and", substitute "act.".

18. Paragraph 60(1)(d):

  Omit the paragraph.

19. Paragraph