Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

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Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

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History

Ch 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).

Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].

As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.

PART 7.8 - OTHER PROVISIONS RELATING TO CONDUCT ETC. CONNECTED WITH FINANCIAL PRODUCTS AND FINANCIAL SERVICES, OTHER THAN FINANCIAL PRODUCT DISCLOSURE  

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Division 6 - Financial records, statements and audit  

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CCH Note: Division 6 is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.

Subdivision C - Financial statements of financial services licensees  

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CCH Note: Subdivision C is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.

SECTION 989C  

989C   REQUIREMENTS AS TO CONTENTS AND APPLICABLE ACCOUNTING PRINCIPLES  

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CCH Note: Section 989C is modified by the ASIC Corporations (Incidental Retail Cover) Instrument 2022/716.

The profit and loss statement and the balance sheet must:

(a)    contain the information that is required by the regulations; and

(b)    be prepared in accordance with any requirements in the regulations as to the accounting principles to be used.

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History

S 989C inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].

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