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Palms Annual Report 2016-17.compressed

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Directors' Declaration<br />

The directors of the Company declare that:<br />

1. The financial statements and notes, as set out on pages 3 to 19, are in accordance<br />

with the Australian Charities and Not-for-Profits Commission Act 2012 and:<br />

a. comply with Australian Accounting Standards - Reduced Disclosure Requirements;<br />

and<br />

b. give a true and fair view of the financial position as at 30 June 2017 and of the<br />

performance for the year ended on that date of the Company.<br />

2. In the directors' opinion, there are reasonable grounds to believe that the Company<br />

will be able to pay its debts as and when they become due and payable.<br />

This declaration is made in accordance with a resolution of the Board of Directors.<br />

Roger O'Halloran, Director<br />

Brendan Joyce, Director<br />

Wednesday, 13 September 2017<br />

1 9 | A N N U A L R E P O R T • 2 0 1 6 - 1 7

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