Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)

Schedule 4   Sustainability reporting

Part 1   Sustainability reporting

Corporations Act 2001

38   After section 316A

Insert:

316B Annual sustainability reporting to the public by other entities

(1) If:

(a) an entity is required to prepare a sustainability report for a financial year; and

(b) the entity is not required by this Division to provide the sustainability report to members;

the entity must ensure that the sustainability report is publicly available on the entity's website on and after the day on which the report is lodged with ASIC under section 319.

(2) An offence based on subsection (1) is an offence of strict liability.

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