Corporations Act 2001

CHAPTER 2M - FINANCIAL REPORTS, SUSTAINABILITY REPORTS AND AUDIT  

PART 2M.2 - FINANCIAL AND SUSTAINABILITY RECORDS  

SECTION 286A   OBLIGATION TO KEEP SUSTAINABILITY RECORDS  

286A(1)    
If an entity must prepare a sustainability report for a financial year, the entity must keep written sustainability records that correctly explain and record its preparation of the substantive provisions of the sustainability report.

Note: Section 9 defines sustainability records .

Period for which records must be retained

286A(2)    
The sustainability records must be retained for 7 years after the sustainability report to which the records relate is completed.

Fault-based offence

286A(3)    
A person commits an offence if the person contravenes subsection (1) or (2) .

Strict liability offence

286A(4)    
A person commits an offence of strict liability if the person contravenes subsection (1) or (2) .

Note: For strict liability, see section 6.1 of the Criminal Code .