Document ID: chunk:federal_register_of_legislation:F2023L01277:body:0:p1
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ASIC Corporations (Financial Reporting by Stapled Entities) Instrument 2023/673
I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date 21 September 2023

Anthony Graham

Contents

Part 1—Preliminary
1 Name of legislative instrument
2 Commencement
3 Authority
4 Definitions
Part 2—Order
5 Relief to enable combination or consolidation of stapled entities
6 Relief for presentation of reports of stapled entities
Part 3—Repeal
7 Repeal

Part 1—Preliminary

1 Name of legislative instrument
This is the ASIC Corporations (Financial Reporting by Stapled Entities) Instrument 2023/673.

2 Commencement
This instrument commences on the day after it is registered on the Federal Register of Legislation.
Note: The register may be accessed at www.legislation.gov.au.

3 Authority
This instrument is made under subsection 341(1) of the Corporations Act 2001.

4 Definitions
In this instrument:
Act means the Corporations Act 2001.
combine means the method to prepare combined financial statements.
combined financial statements means, in relation to a stapled group, financial statements that aggregate two or more entities that are members of the group, eliminating inter-entity transactions and balances, but without:
(a) identifying an acquirer or one or more acquirees; and
(b) eliminating equity or reserves of the acquirees that existed when the terms on which the securities of the entities were traded on a prescribed financial market first required the securities to be transferred together.
control has the same meaning as in accounting standard AASB 10 Consolidated Financial Statements.
non-controlling interest has the same meaning as in accounting standard AASB 10 Consolidated Financial Statements.
previous reporting period means:
(a) in relation to a relevant year, the half-year forming part of the relevant year; and
(b) in relation to a relevant half-year, the financial year ending immediately before the relevant half-year.
single entity financial statements means financial statements referred to in paragraph 295(2)(a) or 303(2)(a) of the Act.
stapled group means the group of entities consisting of:
(a)  a stapled issuer and each other stapled issuer a security of which under the terms on which it is traded on a prescribed financial market must be transferred with a security of the first-mentioned stapled issuer; and
(b) all other entities controlled by the stapled issuers referred to in paragraph (a).
stapled issuer means an entity a security of which under the terms on which it is traded on a prescribed financial market, must be transferred together with a security of one or more other entities.
stapled security means a security of a stapled issuer which under the terms on which it is traded on a prescribed financial market, must be transferred together with a security of one or more other entities.

       Part 2—Order

5 Relief to enable combination or consolidation of stapled