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