THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

SECTION 298 ANNUAL DIRECTORS' REPORT

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298(1) [Directors' report]

The company, registered scheme or disclosing entity must prepare a directors' report for each financial year. The report must include:

(a) the general information required by section 299; and

(b) the specific information required by section 300.

298(2) [Requirements]

The report must:

(a) be made in accordance with a resolution of the directors; and

(b) specify the date on which the report is made; and

(c) be signed by a director.

298(3) [Small proprietary company]

A small proprietary company does not have to comply with subsection (1) for a financial year if:

(a) it is preparing financial statements for that year in response to a shareholder direction under section 293; and

(b) the direction specified that a directors' report need not be prepared.