Document ID: chunk:federal_register_of_legislation:C2025C00139:section:14:p18
Version: federal_register_of_legislation:C2025C00139
Segment Type: section
Provision Reference: s 14 (pt 18/66)
Character Range: 75743–78525

Additional reports or additional reporting requirements
 (1) The Commissioner may:
 (a) make a determination in writing:
 (i) requiring a particular class of registered entities to prepare a report in addition to any information statement or financial report the entities are required to prepare; and
 (ii) requiring each entity in that class to give that report to the Commissioner by a time specified in the determination; or
 (b) make a determination in writing requiring a particular class of registered entities to:
 (i) include particular additional information in an information statement or financial report; or
 (ii) meet particular additional requirements in relation to the manner in which an information statement or financial report is prepared.
 (2) A determination under subsection (1) is a legislative instrument.

Additional reports
 (3) A determination under paragraph (1)(a) must specify:
 (a) the information to be included in the report; and
 (b) any other requirements to be met in relation to the manner in which the report is prepared.
 (4) A determination under paragraph (1)(a) may require the report to be prepared:
 (a) for a particular period or periods; or
 (b) in relation to circumstances as they exist as at a particular date or dates.
This subsection does not limit subsection (3).
 (5) The determination may require the report to be prepared for all periods of a particular kind that start or end on or after a date specified in the determination. This subsection does not limit subsection (4).

Determinations
 (6) A determination under subsection (1):
 (a) may be expressed to be subject to conditions; and
 (b) may be in respect of a past or future period but if it is in respect of a past period, the determination must be made no later than 6 years after the end of that period.
 (7) A determination under subsection (1) must be for the purpose of enabling a recognised assessment activity to be carried out.

Subdivision 60‑F—Substituted accounting periods

60‑85  Commissioner may approve a different accounting period
 (1) The Commissioner may allow a registered entity to adopt an accounting period which is a period of 12 months ending on a day other than 30 June (that is, a 12‑month period that does not align with the financial year), if the registered entity applies to the Commissioner in the approved form.
 (2) If the registered entity adopts such an accounting period, this Division applies in relation to a financial year that starts after the entity adopts the new accounting period 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