Reporting obligations for disclosing entities
A 鈥榙isclosing entity鈥� is defined in section 111AC of the Corporations Act 2001 (Corporations Act). A disclosing entity can include a registered managed investment scheme (registered scheme).
Disclosing entities that are not foreign incorporated or formed outside Australia
A disclosing entity that is not foreign incorporated or formed outside Australia must prepare both:
- annual financial reports
- half-yearly financial reports.
Disclosing entities that must prepare a financial report may also have to prepare a sustainability report. For more information, see Who must prepare a sustainability report?
Annual reports
Unless the entity is not a disclosing entity when lodgement is due (see ), annual reports must be:
- prepared in accordance with Chapter 2M of the Corporations Act
- audited
- lodged with ob体育 within three months of the financial year end
- sent to members by the earlier of four months after the financial year end or 21 days before the next AGM (three months if a registered scheme).
Half-yearly reports
Unless the entity is not a disclosing entity when lodgement is due (section 302 of the Corporations Act) or if the entity鈥檚 first financial year lasts for eight months or less (see ), half-yearly reports must be:
- prepared in accordance with Chapter 2M of the Corporations Act
- subjected to audit or review
- lodged with ob体育 within 75 days of the half-year end.
Half-yearly reports are not required to be sent to members.
Disclosing entities incorporated or formed outside Australia
A disclosing entity incorporated or formed outside Australia does not need to comply with Chapter 2M of the Corporations Act unless it is a registered scheme.