Document ID: chunk:federal_register_of_legislation:F2024L00665:clause:1_6:p3
Version: federal_register_of_legislation:F2024L00665
Segment Type: clause
Provision Reference: sch 1 cl 6 (pt 3/11)
Character Range: 6936–10324

amount from each reporting unit; and
                (iii)      the name of each such reporting unit;
               Note: when a disclosure under this item overlaps with the requirements of AASB 124 Related Party Disclosures this information only needs to be included once in the Notes to the financial statements.
            (c)    where compulsory levies or voluntary contributions (including whip arounds) are raised from the members for the furtherance of a particular purpose:
                (i)      a brief description of the purpose of each such levy or appeal; and
                (ii)      the amount;
            (d)    donations or grants (other than voluntary contributions referred to in subparagraph (c)); and
            (e)    any revenue derived from undertaking recovery of wages activity.
  Expense
       (13)  Total amounts for the following items of expenditure must be disclosed either in the notes to the financial statements or on the face of the statement of comprehensive income, in accordance with Australian Accounting Standards:
            (a)    amount paid to employers for making payroll deductions of membership subscriptions;
            (b)    where the reporting unit has paid a capitation fee (or equivalent terminology referred to in the organisations rules e.g. sustentation fees) or any other expense to another reporting unit:
                (i)      the description of each item of expenditure;
                (ii)      the amount paid to each reporting unit; and
                (iii)      the name of each such reporting unit;
               Note: when a disclosure under this item overlaps with the requirements of AASB 124 Related Party Disclosures this information only needs to be included once in the Notes to the financial statements.
            (c)    where fees/periodic subscriptions are paid in respect of its affiliation to any political party, any federation, congress, council or group of organisations, or any international body having an interest in industrial matters:
                (i)      the amount paid to each entity; and
                (ii)      the name of each entity to which monies were paid;
            (d)    where compulsory levies have been imposed on the reporting unit by another reporting unit or other entity, for each such levy:
                (i)      a brief description of purpose;
                (ii)      the amount; and
                (iii)      the name of the other reporting unit or entity imposing the levy;
            (e)    where grants or donations have been expensed:
                (i)      the total amount of grants that were $1,000 or less;
                (ii)      the total amount of grants that exceeded $1,000;
                (iii)      the total amount of donations that were $1,000 or less; and
                (iv)      the total amount of donations that exceeded $1,000;
               Grants and donations that exceed $1,000 must be separately disclosed in a statement lodged with the Fair Work Commission in accordance with section 237 of the Act[1]
            (f)     employee expenses related to holders of office of the reporting unit by each of the following categories:
                (i)      wages and salaries;
                (ii)      superannuation;
                (iii)      leave and other entitlements;
                (iv)      separation and