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

7   Subsection 285(1)

Repeal the subsection (not including the table), substitute:

Obligations under this Chapter - companies, registered schemes, registrable superannuation entities and disclosing entities

(1) Under this Chapter:

(a) all companies, registered schemes, registrable superannuation entities and disclosing entities must keep financial records (see sections 286 to 291); and

(b) some must keep sustainability records (see section 286A); and

(c) some must prepare financial reports; and

(d) some must prepare sustainability reports.

All those that have to prepare financial reports or sustainability reports have to prepare them annually; disclosing entities have to prepare half-year financial reports as well.

(1AA) The following table sets out what is involved in annual financial and sustainability reporting: