Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)

Schedule 2   ALRC Financial Services Interim Report: single glossary of defined terms

Part 1   Amendments

Division 9   Terms relating to financial services and markets

Corporations Act 2001

236   Section 9 (definition of financial year)

Repeal the definition, substitute:

financial year :

(a) of a company, registered scheme or disclosing entity (other than a notified foreign passport fund) - has the meaning given by section 323D; and

(b) of a notified foreign passport fund - has the meaning given by section 323DAA; and

(c) of a financial services licensee that is a body corporate and is not covered by paragraph (a) - means a financial year of the body corporate; and

(d) for a financial services licensee that is not covered by paragraph (a) or (c) - means a year ending on 30 June.