Document ID: chunk:federal_register_of_legislation:F2024C00655:body:0:p4
Version: federal_register_of_legislation:F2024C00655
Segment Type: other
Provision Reference: 
Character Range: 7628–9183

have been rounded.

6 Relief and exemption from including nil amount items in a report
(1) An entity does not have to comply with 2M.3 and Part 7.8 of the Act to the extent that those Parts require a financial report to include an item where the amount that would be shown against the item (including any comparative amount) would be nil.
(2) The relief or exemption in subsection (1) may be relied on where the amount would be nil because it is covered by subparagraph 5(2)(a)(i) or otherwise.

Part 3—Savings and transitional

7 Application of this instrument and ASIC Class Order [CO 98/100]
(1) Part 2 applies in relation to an eligible report for a financial year or a half year ending on or after 30 June 2016.
(2) ASIC Class Order [CO 98/100] continues to apply, despite its repeal, in relation to an eligible report for a financial year or a half year ending before 30 June 2016.

Endnotes

Endnote 1—Instrument history

Instrument number  Date of FRL registration     Date of commencement  Application, saving or transitional provisions
2016/191           31/3/2016 (see F2016L00442)  1/4/2016
2022/519           27/6/2022 (see F2022L00839)  28/6/2022
2022/719           8/9/2022 (see F2022L01185)   9/9/2022
2023/142           4/1/2024 (see F2024L00024)   5/1/2024

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 = repealed     rs. = repealed and substituted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
Section 4            am. 2022/519, 2022/719 and 2023/142