COVID-19 Response (Further Management Measures) Legislation Bill

  • enacted
19 Conditions

(1)

An entity that relies on section 14 must do all of the following:

(a)

keep a written record of—

(i)

the notice of the modification; and

(ii)

its reasons as to how the requirements of section 14 were satisfied in respect of the modification; and

(iii)

the reasons for the beliefs of the majority of its governing officers referred to in section 14(2)(c) and (e); and

(b)

as soon as practicable after making the modification, make reasonable efforts to notify all members and governing officers of the entity of the modification; and

(c)

as soon as practicable after making the modification, give to the responsible Registrar or agency a written notice that—

(i)

states that the entity is relying on section 14 of this Part; and

(ii)

contains, or is accompanied by, a copy of the written record referred to in paragraph (a); and

(iii)

contains, or is accompanied by, a certificate by a governing officer of the entity certifying that, in making the modification, all requirements of this Part were complied with.

(2)

If there is more than 1 responsible Registrar or agency, the entity must give the notice under subsection (1)(c) to each of them.

(3)

Subsection (1)(c) does not apply to a firm (within the meaning of the Partnership Law Act 2019) or to a post-settlement governance entity of a type not listed in section 5(1).