Document ID: chunk:federal_register_of_legislation:F2021C00410:body:0:p3
Version: federal_register_of_legislation:F2021C00410
Segment Type: other
Provision Reference: 
Character Range: 5322–7524

entities in the stapled group, those financial statements are presented first.
(c) a directors' declaration covers more than one stapled issuer only where:
(i) each person who was a director of an issuer covered by the declaration at any time during the relevant period or when the declaration is made was also a director of each other issuer covered by the declaration at all times during the relevant period and when the declaration is made; and
(ii) each declaration required by subsection 295(4) or 303(4) of the Act (as relevant) is presented in a way that enables each issuer to which it relates to be readily identified;
(d) where the relevant entity or one or more of the other group members is a registered scheme, the financial report contains a prominent statement to the effect that only the responsible entity of a scheme takes responsibility for the financial report for the scheme;
(e) a directors' report covers more than one stapled issuer only where:
(i) each person who was a director of an issuer covered by the report at any time during the relevant period or when the report is made was also a director of each other issuer covered by the report at all times during the relevant period and when the report is made; and
(ii) the information included in the report is presented in a way that enables each issuer for which any aspect is relevant to be readily identified.

              Note: The relief in subsection (1) does not cover the inclusion of combined financial statements.  Such financial statements may only be presented where doing so is otherwise permitted under Chapter 2M of the Act and applicable accounting standards.

Endnotes

Endnote 1—Instrument history

Instrument number  Date of FRL registration     Date of commencement  Application, saving or transitional provisions
2015/838           30/9/2015 (see F2015L01548)  1/10/2015
2020/196           25/3/2021 (see F2021L00330)  26/3/2021             -

Endnote 2—Amendment history
ad. = added or inserted     am. = amended     LA = Legislation Act 2003    rep. = repealed     rs. = repealed and substituted
Provision affected   How affected
Section 2            rep. s48D LA
Paragraph 5(2)(b)    am. 2020/196