Document ID: chunk:federal_register_of_legislation:C2016C00201:clause:5_8
Version: federal_register_of_legislation:C2016C00201
Segment Type: clause
Provision Reference: sch 5 cl 8
Character Range: 16487–18019

8  Subsections 136(1) and (2)
Repeal the subsections, substitute:

Content of annual report
 (1) The report prepared by the Chairperson and given to the Minister under section 46 of the Public Governance, Performance and Accountability Act 2013 for a period must include the following:
 (a) information about the exercise during the period of ASIC's powers under Part 15 of the Retirement Savings Accounts Act 1997 and under Part 29 of the Superannuation Industry (Supervision) Act 1993;
 (b) information about ASIC's monitoring and promotion of market integrity and consumer protection in relation to:
 (i) the Australian financial system; and
 (ii) the provision of financial services;
 (c) in relation to ASIC's functions under subsection 11(14), in relation to each agreement or arrangement entered into by ASIC under that subsection, information about the activities that ASIC has undertaken during the period in accordance with that agreement or arrangement;
 (d) information about the operation of the Business Names Registration Act 2011 including:
 (i) details of the level of access to the Business Names Register using the internet and other facilities; and
 (ii) the timeliness with which ASIC carries out its duties, functions and powers under the Act; and
 (iii) the cost of registration of a business name under the Act;
 (e) information required to be included in the report by regulations under subsection (2A).
Note: Section 34C of the Acts Interpretation Act 1901 contains provisions relating to annual reports.