Document ID: chunk:federal_register_of_legislation:C2004A04707:front:0:p3
Version: federal_register_of_legislation:C2004A04707
Segment Type: other
Provision Reference: 
Character Range: 5546–8595

definition of "class"):

  Insert "or prescribed interests" after "shares".

3. Section 9 (paragraph (a) of the definition of "company"):

Omit "the definition of 'financial year' and sections", substitute "sections 70A,".

4. Section 9 (definition of "consolidated accounts"):

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

5. Section 9 (definition of "debenture"):

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

6. Section 9 (definition of "financial statements"):

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

7. Section 9 (definition of "profit and loss account"):

     (a) Omit "or body" (first occurring), substitute ", a body, or an undertaking to which prescribed interests relate,".

     (b) Omit "or body" (second occurring), substitute ", body or undertaking".

8. Section 9 (definition of "share"):

  Omit "body corporate", substitute "body".

9. Section 9 (definitions of "accounts", "applicable accounting standard", "body", "deadline" and "financial year"):

  Omit the definitions, substitute:

" 'accounts':

     (a) in relation to an entity within the meaning of Parts 3.6 and 3.7, means, in this Part and those Parts:

      (i) a profit and loss account of the entity for a period; and

      (ii) a balance-sheet of the entity as at the end of that period; and

SCHEDULE 1—continued

        (iii) statements, reports and notes, other than a directors' report or an auditor's report, attached to, or intended to be read with, that profit and loss account or balance-sheet; or

     (b) in relation to an undertaking to which prescribed interests relate, means, in this Part and Division 11 of Part 3.6:

        (i) a profit and loss account of the undertaking for a period; and

        (ii) a balance-sheet of the undertaking as at the end of that period; and

        (iii) statements, reports and notes, other than a trustee's report or an auditor's report, attached to, or intended to be read with, that profit and loss account or balance-sheet;

'applicable accounting standard':

    (a) in relation to, or in relation to accounts or consolidated accounts forming part of, a body's financial statements for an accounting period, means an accounting standard that, when the financial statements are made out:

      (i) applies to that accounting period; and

      (ii) is relevant to the accounts; or

    (b) in relation to accounts, for an accounting period, of an undertaking to which prescribed interests relate, means an accounting standard that, when the accounts are made out:

      (i) applies to that accounting period; and

      (ii) is relevant to the accounts;

'body' means a body corporate or an unincorporated body and includes, for example, a society or association;

'deadline', in relation to an accounting period of a body or an undertaking to which prescribed interests relate, has the meaning given by section 58C;

'financial year' has the meaning given by section 70A;".

10. Section 9:

  Insert:

" 'accounting period' has the meaning