CORPORATIONS ACT 2001 - SECT 342AC Exemption orders--criteria for orders for non - auditor members etc.

CORPORATIONS ACT 2001 - SECT 342AC

    To make an order under section   342AA or 342AB, ASIC must be satisfied that complying with the relevant requirements of Division   3 of Part   2M.4 would:

  (a)   make the financial report or other reports misleading; or

  (b)   be inappropriate in the circumstances; or

  (c)   impose unreasonable burdens.