Western Australian Current Acts Western Australian Current Acts (1) In this section
—
new accounting and financial reporting
requirements means Part 5 Divisions 1, 2 (except section 67), 3 and 5.
(2) The new accounting
and financial reporting requirements apply in respect of each financial year
of an existing incorporated association that commences on or after 1 July
2016.
(3) In respect of a
financial year of an existing incorporated association commencing before 1
July 2016, sections 25 and 26 of the repealed Act apply to the association as
if they had not been repealed.
(4) Except as provided
in subsections (2) and (3), Part 5 is to apply to an existing incorporated
association on and after the commencement day.