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WOOL SERVICES PRIVATISATION ACT 2000 - SECT 19

Accounting records

                   For the purposes of the Corporations Act 2001 :

                     (a)  the accounting records kept by HoldCo before the conversion time under section 20 of the Commonwealth Authorities and Companies Act 1997 , or under section 63 of the Australian Wool Research and Promotion Organisation Act 1993 , are to be treated as financial records of HoldCo; and

                     (b)  an annual report and financial statements prepared in relation to a financial year by HoldCo under section 9 of the Commonwealth Authorities and Companies Act 1997 , or under section 76 of the Australian Wool Research and Promotion Organisation Act 1993 , are to be treated as a financial report of HoldCo for that financial year.


 



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