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Financial Reporting Act 2013

External Reporting Board, standards, and provisions that apply to other enactments - Meaning of large and specified not-for-profit entity

44: Purpose

You could also call this:

"What the law means by certain important words and phrases."

Illustration for Financial Reporting Act 2013

The purpose of this part of the law is to define some important terms. You need to know what a large entity and a specified not-for-profit entity are. This is because other laws refer to section 45 or section 46 to understand these terms.

This definition is used in various other laws that mention these sections. You can find these sections in the same law, which is about financial reporting. The law wants to make sure everyone understands what these terms mean.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4632959.

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Part 2External Reporting Board, standards, and provisions that apply to other enactments
Meaning of large and specified not-for-profit entity

44Purpose

  1. The purpose of this subpart is to—

  2. define the terms large and specified not-for-profit entity for the purposes of various enactments that refer to section 45 or 46.

      Notes
      • Section 44(b): repealed, on , by section 42 of the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 (2021 No 39).