Document ID: chunk:federal_register_of_legislation:C2025C00139:section:14:p19
Version: federal_register_of_legislation:C2025C00139
Segment Type: section
Provision Reference: s 14 (pt 19/66)
Character Range: 78281–81180

as if:
 (a) each reference in this Division (not including this section) and sections 205‑25 and 205‑35 to the financial year were a reference to the accounting period that starts during the financial year; and
 (b) the reference in subsections 60‑5(2) and 60‑10(2) to 31 December were a reference to the last day of the 6‑month period after the end of the accounting period.
 (3) A registered entity seeking to adopt such an accounting period may apply, in the approved form, to the Commissioner for the Commissioner to make a decision under subsection (1).

60‑90  Commissioner may impose conditions
 (1) The Commissioner may impose conditions on a decision under subsection 60‑85(1) to allow the registered entity to adopt such an accounting period.
 (2) The conditions may be imposed at the time of making the decision or at any later time.
 (3) The Commissioner may revoke the decision if satisfied that a condition has not been complied with.

Subdivision 60‑G—Collective and joint reporting

60‑95  Commissioner may approve collective or joint reporting by related entities

Joint reporting
 (1) The Commissioner may allow 2 or more registered entities (reporting group) to prepare and lodge a single information statement, or a single information statement and a single financial report, in relation to the reporting group for a financial year.

Collective reporting
 (2) The Commissioner may allow a reporting group to prepare and lodge one or more information statements, or one or more single information statements and one or more single financial reports, in relation to the reporting group for a financial year on a basis other than an entity‑by‑entity basis.
Example: The Commissioner may allow a reporting group of affiliated registered entities that advance religion and advance social or public welfare to prepare and lodge 2 financial reports, one report in relation to the reporting group's religious functions and one in relation to the reporting group's welfare functions.

Application in approved form
 (3) Registered entities seeking to form a reporting group may apply, in the approved form, to the Commissioner for the Commissioner to make a decision under subsection (1) or (2).

Commissioner must consider certain issues
 (4) In deciding whether to allow 2 or more registered entities to form a reporting group, the Commissioner must consider the following:
 (a) how the public interest in the transparency and accountability of the registered entities is best served, including the possible effect on:
 (i) the public's understanding of the activities of the registered entities and the information provided in the information statement or financial report; and
 (ii) the public's ability to rely upon the information provided in the information statement or financial report;
 (b) how the altered reporting arrangements would affect the Commissioner's ability to assess