Statute
Section 342AC — Corporations Act 2001: Exemption orders—criteria for orders for non-auditor members etc.
Text of the provision Official document
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.
Official source: Federal Register of Legislation
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