What the official record says
This Act is the Financial Reporting Act . This Act comes into force on a date appointed by the Governor-General by Order in Council; and 1 or more orders may be made bringing different provisions into force on different dates. To the extent that it is not previously brought into force under , the rest of this Act comes into force on 1 April 2015. The purpose of this Act is to— continue the External Reporting Board and define its functions and powers; and provide for the issue of financial reporting standards and auditing and assurance standards; and provide for auditor qualifications and other standard provisions relating to financial reporting duties under other enactments. This Act provides for various matters relating to financial reporting duties under other enactments, including— defi