Document ID: chunk:federal_register_of_legislation:F2023L01277:body:0:p3
Version: federal_register_of_legislation:F2023L01277
Segment Type: other
Provision Reference: 
Character Range: 5470–8470

of the other group members are required to prepare financial reports for the relevant half-year or relevant year in accordance with Chapter 2M of the Act;
(e)  the relevant entity report discloses whether the financial statements presented in accordance with this instrument are consolidated financial statements or combined financial statements;
(f) the relevant entity report discloses the amounts attributed to non-controlling interests which are attributable to the holders of stapled securities.

6 Relief for presentation of reports of stapled entities
       (1)          A relevant entity does not have to comply with subsection 292(1), section 302 and subsection 314(1) of the Act in relation to the relevant half-year or relevant year to the extent that subsections 295(2), 303(2) or 314(2) of the Act prevent the inclusion in the relevant entity report of the single entity or consolidated financial statements and directors' declaration of other group members.
       (2)          The relief in subsection 6(1) is available only where all of the following apply:
(a) the relevant entity or one of the other group members relies on the relief in subsection 5(1);
(b) all of the other group members are required to prepare financial reports for the relevant half-year or relevant year in accordance with Chapter 2M of the Act;
(c) all of the other group members rely on the relief in subsection 6(1) for the relevant half-year or relevant year;
(d) one of the following applies:
(i) such financial statements of the relevant entity and all other group members (including any single entity financial statements presented where ASIC Corporations (Parent Entity Financial Statements) Instrument 2021/195 is relied on) are presented in adjacent columns in the relevant report;
(ii) financial statements are presented as follows in separate sections of the relevant report:
(A) in the first section—the consolidated financial statements or combined financial statements prepared in accordance with subsection 5(1) and, where ASIC Corporations (Parent Entity Financial Statements) Instrument 2021/195 is relied on, the single entity financial statements of the relevant entity; and
(B) in the second section in adjacent columns—all other consolidated financial statements of the relevant entity and all other group members and any single entity financial statements (including those presented where ASIC Corporations (Parent Entity Financial Statements) Instrument 2021/195 is relied on); or
(iii) in the case of a financial report for a half-year or a concise report—one of the sets of financial statements permitted under subparagraphs (i) or (ii) (excluding any single entity financial statement that is not required under the Act and the accounting standard applicable to the report) is presented in adjacent columns in the relevant report where, if the set includes consolidated financial statements covering all of the entities in the stapled group, those financial statements are presented