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Payment Times Reporting Act 2020

No. 91, 2020

Compilation No. 5

Compilation date: 21 February 2025

                Includes amendments: Act No. 14, 2025

About this compilation

This compilation

This is a compilation of the Payment Times Reporting Act 2020 that shows the text of the law as amended and in force on 21 February 2025 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Preliminary
1 Short title
2 Commencement
3 Objects of this Act
4 Simplified outline of this Act
5 Definitions
6 Meaning of constitutionally covered entity
7 Meaning of reporting entity
8 Meaning of reporting period
9 Act binds the Crown
10 Extension to external Territories
Part 1A—Provisions about reporting entities and reporting nominees
Division 1—Introduction
10A Simplified outline of this Part
Division 2—Volunteering entities
10B Volunteering entity determination
10C Application for Regulator to make a volunteering entity determination
10D Revocation of volunteering entity determination
Division 3—Subsidiary reporting entities
10E Subsidiary reporting entity determination
10F Application for Regulator to make a subsidiary reporting entity determination
10G Revocation of subsidiary reporting entity determination
Division 4—Ceasing to be a reporting entity
10H Notice that entity has ceased to be a reporting entity
10J Reporting entities must not give false or misleading notices
10K Regulator may determine that entity is to cease to be a reporting entity
Division 5—Reporting nominees
10L Reporting nominee determination
10M Application for Regulator to