A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT  

PART 2M.3 - FINANCIAL REPORTING  

Division 2 - Half-year financial report and directors' report  

SECTION 306  HALF-YEAR DIRECTORS' REPORT  

306(1)  

The directors of the disclosing entity must prepare a directors' report for each half-year that consists of:


(a) a review of the entity's operations during the half-year and the results of those operations; and


(b) the name of each person who has been a director of the disclosing entity at any time during or since the end of the half-year and the period for which they were a director.

If consolidated financial statements are required, the review under paragraph (a) must cover the consolidated entity.

306(1A)  

 View history reference
The directors' report must include a copy of the auditor's declaration under section 307C in relation to the audit or review for the half-year.

306(2)  

 View history reference
If the financial report for a half-year includes additional information under paragraph 303(3)(c) (information included to give true and fair view of financial position and performance), the directors' report for the half-year must also:


(a) set out the directors' reasons for forming the opinion that the inclusion of that additional information was necessary to give the true and fair view required by section 305; and


(b) specify where that information can be found in the financial report.

306(3)  

 View history reference
The report must:


(a) be made in accordance with a resolution of the directors; and


(b) specify the date on which the report is made; and


(c) be signed by a director.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page