Document ID: chunk:federal_register_of_legislation:C2008A00036:clause:1_150
Version: federal_register_of_legislation:C2008A00036
Segment Type: clause
Provision Reference: sch 1 cl 150
Character Range: 68233–69499

150  Reporting requirements

Reports for periods ending after the commencement time

(1) If:
 (a) immediately before the commencement time, a law required AFMA or a director to provide a report (whether financial statements or otherwise) for a period; and
 (b) the period ends after the commencement time;
AFMA must provide the report, as required, for so much of the period as occurs before the commencement time.

(2) If:
 (a) under subitem (1), AFMA is required to provide a report for a part of a period; and
 (b) AFMA is also required to provide a similar report for the remainder of the period;
AFMA may meet the requirements in a single report for the period.

Reports for periods ending before the commencement time

(3) If:
 (a) a law required AFMA or a director to provide a report (whether financial statements or otherwise) for a period that ended before the commencement time; and
 (b) the report has not been provided by the commencement time;
AFMA must provide the report as required.

Application of law to AFMA

(4) To avoid doubt, if, under this item, AFMA is required to provide a report under a law, the law applies to AFMA in respect of the report in the same way as the law would have applied to AFMA or the director in respect of the report.