Commonwealth Consolidated Acts

AUSTRALIAN CHARITIES AND NOT-FOR-PROFITS COMMISSION ACT 2012 - SECT 60.20

  (1)   A medium registered entity must:

  (a)   subject to subsection   (2), do both of the following:

  (i)   have its financial report for a financial year reviewed in accordance with this Subdivision;

  (ii)   obtain a reviewer's report; or

  (b)   do both of the following:

  (i)   have its financial report for a financial year audited in accordance with this Subdivision;

  (ii)   obtain an auditor's report.

  (2)   The Commissioner may, by written notice given to the medium registered entity, provide that paragraph   (1)(a) does not apply to the financial report.