Document ID: chunk:federal_register_of_legislation:C2025C00185:section:322
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 322
Character Range: 1165701–1168047

322  Relodgment if financial reports, sustainability reports or directors' reports amended after lodgment

Financial reports, sustainability reports and directors' reports lodged by companies, registered schemes or disclosing entities
 (1) If a financial report, sustainability report or directors' report is amended after it is lodged with ASIC, the company, registered scheme or disclosing entity must:
 (a) lodge the amended report with ASIC within 14 days after the amendment; and
 (b) give a copy of the amended report free of charge to any member who asks for it.

Reports on financial matters lodged by notified foreign passport funds
 (1A) If a report lodged with ASIC by a notified foreign passport fund is amended after it is lodged with ASIC, the notified foreign passport fund must:
 (a) lodge the amended report with ASIC within 14 days after the amendment; and
 (b) give a copy of the amended report free of charge to any Australian member who asks for it.

Notifying members if there is a material amendment
 (2) If the amendment is a material one, the company, registered scheme, notified foreign passport fund or disclosing entity must also notify members as soon as practicable of:
 (a) the nature of the amendment; and
 (b) their right to obtain a copy of the amended report under subsection (1) or (1A).

Financial reports, sustainability reports and directors' reports lodged by registrable superannuation entities
 (2A) If:
 (a) a financial report, sustainability report or directors' report for a financial year relates to a registrable superannuation entity; and
 (b) the report is amended after it is lodged with ASIC;
the entity must, within 14 days after the amendment:
 (c) lodge the amended report with ASIC; and
 (d) make both of the following publicly available on the entity's website on and after the day on which the amended report is lodged with ASIC under paragraph (c):
 (i) a copy of the amended report;
 (ii) a description of the nature of the amendment.

Offence
 (3) An offence based on subsection (1), (1A), (2) or (2A) is an offence of strict liability.
Note 1: For strict liability, see section 6.1 of the Criminal Code.
Note 2: This section applies to sub‑funds of retail CCIVs in a modified form: see section 1232M.

Division 6—Special provisions about consolidated financial and climate statements