Document ID: chunk:federal_register_of_legislation:C2025C00185:section:300b
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 300B
Character Range: 1101268–1102784

300B  Annual directors' report—companies limited by guarantee
 (1) The directors' report for a financial year for a company limited by guarantee must:
 (a) contain a description of the short and long term objectives of the entity reported on; and
 (b) set out the entity's strategy for achieving those objectives; and
 (c) state the entity's principal activities during the year; and
 (d) state how those activities assisted in achieving the entity's objectives; and
 (e) state how the entity measures its performance, including any key performance indicators used by the entity.
 (2) The entity reported on is:
 (a) the company (if consolidated financial statements are not required); or
 (b) the consolidated entity (if consolidated financial statements are required).
 (3) The directors' report for a financial year for a company limited by guarantee must also include details of:
 (a) the name of each person who has been a director of the company at any time during or since the end of the year and the period for which the person was a director; and
 (b) each director's qualifications, experience and special responsibilities; and
 (c) the number of meetings of the board of directors held during the year and each director's attendance at those meetings; and
 (d) for each class of membership in the company—the amount which a member of that class is liable to contribute if the company is wound up; and
 (e) the total amount that members of the company are liable to contribute if the company is wound up.