"Corporations Act 2001 s 314A foreign passport fund reports to Australian members"
Corporations Act 2001 (Cth) s 314A requires notified foreign passport funds to report annually to Australian members using reports prepared under home-economy Passport Rules and related auditor reports.
This is a human-established fact, not a universal axiom. It is true within CTH as enacted by Federal Register of Legislation.
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Answer
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Verified against the current Federal Register text of the Corporations Act 2001 (Cth). Section 314A requires a notified foreign passport fund to report to Australian members for a financial year by providing the fund report prepared under the financial reporting requirements applying to the fund under the Passport Rules for its home economy, together with each related auditor report. The provision sets how those reports must be provided to Australian members and is part of Division 4 annual reporting to members.
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