Western Australian Current Acts Western Australian Current Acts (1) This section
applies to an incorporated association that is a tier 1 association in respect
of its last financial year.
(2) At the annual
general meeting of an incorporated association, if section 69(1)(a) or (b)
does not apply in respect of its last financial year, the association must
present for consideration the financial statements of the association for that
financial year.
Penalty: a fine of $5 500.
(3) At the annual
general meeting of an incorporated association to which section 69(1)(a) or
(b) applies in respect of its last financial year, the association must
present for consideration —
(a) the
financial statements of the association for that financial year reviewed or
audited as required under section 69; and
(b) a
copy of the report of the review or the auditor’s report, as the case
requires, on those financial statements.
Penalty: a fine of $5 500.
(4) If
section 69(1)(b) applies to an incorporated association in respect of its last
financial year, the association must give to the Commissioner as soon as is
practicable after receiving them —
(a) the
financial statements of the association for that financial year reviewed or
audited as required under section 69; and
(b) a
copy of the report of the review or the auditor’s report, as the case
requires, on those financial statements.
Penalty: a fine of $5 500.