Treasury Laws Amendment (2022 Measures No. 4) Act 2023 (29 of 2023)

Schedule 6   Financial reporting and auditing requirements for superannuation entities

Part 1   Amendment of the Corporations Act 2001

Corporations Act 2001

175   After subsection 1017C(3)

Insert:

Reports prepared by a registrable superannuation entity etc.

(3AA) If the financial product is a superannuation product that relates to a registrable superannuation entity (within the meaning of Chapter 2M), the issuer must, on request in writing by a person who is a concerned person, give the person:

(a) a copy of the financial report of the entity for a specified financial year; and

(b) a copy of the directors' report of the entity for a specified financial year; and

(c) a copy of the auditor's report on that financial report.

Each copy must be given in accordance with the other requirements of this section.

Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).