Document ID: chunk:federal_register_of_legislation:C2016C00201:clause:2_5
Version: federal_register_of_legislation:C2016C00201
Segment Type: clause
Provision Reference: sch 2 cl 5
Character Range: 9110–10160

5  Subitem 2(1) of Schedule 3
Repeal the subitem, substitute:
 (1) Despite the repeal of the provisions of the CAC Act referred to in subitem (1A), those provisions continue to apply after the commencement time in relation to reporting periods that:
 (a) commenced before 1 July 2014; and
 (b) either:
 (i) ended on 30 June 2014; or
 (ii) had not ended on 30 June 2014.
 (1A) For subitem (1), the provisions of the CAC Act are as follows:
 (a) section 9 (which deals with directors preparing annual reports);
 (b) section 10 (which deals with modified requirements for a Commonwealth authority's first year of existence);
 (c) section 12 (which deals with auditing a relevant subsidiary's financial statements);
 (d) section 14 (which deals with estimates);
 (e) section 36 (which deals with annual reports for Commonwealth companies);
 (f) section 37 (which deals with auditing relevant subsidiary's financial statements);
 (g) section 39 (which deals with estimates);
 (h) Schedule 1 (which deals with annual report for Commonwealth authorities).