Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.8.14

                For paragraph 989C (a) of the Act, a true and fair profit and loss statement and balance sheet in respect of a financial year must contain a declaration by the financial services licensee that:

                (a)    the profit and loss statement and balance sheet give a true and fair view of the matters stated in it; and

               (b)    the auditor's report lodged with the profit and loss statement and balance sheet is a true copy of the report on the profit and loss statement and balance sheet of the financial services licensee.