Financial Reporting Amendment Act (No 2) 1997

Financial Reporting Amendment Act (No 2) 1997

Public Act1997 No 45
Date of assent28 July 1997

Note

This Act is administered by the Ministry of Commerce


An Act to amend the Financial Reporting Act 1993

BE IT ENACTED by the Parliament of New Zealand as follows:

1 Short Title
  • This Act may be cited as the Financial Reporting Amendment Act (No 2) 1997, and is part of the Financial Reporting Act 1993 (the principal Act).

2 Interpretation
  • Section 2(1) of the principal Act is amended by omitting from the definition of the term approved financial reporting standard the number 27, and substituting the number 24.

3 Auditor's report on reporting entities
  • This section substituted s 16 of the principal Act.

4 Auditor's report on exempt companies
  • Section 17(f) of the principal Act is amended by inserting, after the word whether, the words , in the auditor's opinion,.