Companies Act, 1973 (Act No. 61 of 1973)

Chapter XVB: Financial reporting standards

440U. Approval and publication of standards
Purchase cart Previous page Return to chapter overview Next page

 

 

1)The Council must-
a)give notice to interested persons of any prospective amendment of financial reporting standards with at least one month to return comment;
b)consider any comments made before voting on an amendment;
c)submit financial reporting standards to the Minister,

 

2)The Minister shall issue financial reporting standards on the advice of the Council by publication in the Gazette.