Document ID: chunk:federal_register_of_legislation:C2024A00023:clause:1_2
Version: federal_register_of_legislation:C2024A00023
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 3766–5541

2  After subsection 295(3)
Insert:

Consolidated entity disclosure statement
 (3A) The consolidated entity disclosure statement for a public company's financial report for a financial year is:
 (a) if the accounting standards require the public company to prepare financial statements in relation to a consolidated entity—a statement that includes the following information for each entity that was, at the end of the financial year, part of the consolidated entity:
 (i) the entity's name (if any) at that time;
 (ii) whether, at that time, the entity was a body corporate, partnership, or trust;
 (iii) whether, at that time, the entity was a trustee of a trust within the consolidated entity, a partner in a partnership within the consolidated entity, or a participant in a joint venture within the consolidated entity;
 (iv) if the entity is a body corporate—the place at which the entity was incorporated or formed;
 (v) if the entity is a body corporate with a share capital—the percentage of the entity's issued share capital (excluding any part that carries no right to participate beyond a specified amount in a distribution of either profits or capital) that was held, directly or indirectly, by the public company at that time;
 (vi) whether, at that time, the entity was an Australian resident (within the meaning of the Income Tax Assessment Act 1997) or a foreign resident (within the meaning of that Act);
 (vii) if the entity was a foreign resident as described in subparagraph (vi)—a list of each foreign jurisdiction in which the entity was, at that time, a resident for the purposes of the law of the foreign jurisdiction relating to foreign income tax (within the meaning of that Act); or
 (b) if paragraph (a) does not apply—a statement to that effect.