Section 302 — Corporations Act 2001 (Cth)

A disclosing entity must:

(a) prepare a financial report and directors’ report for each half‑year; and

(b) have the financial report audited or reviewed in accordance with Division 3 and obtain an auditor’s report; and

(c) lodge the financial report, the directors’ report and the auditor’s report on the financial report with ASIC;

unless the entity is not a disclosing entity when lodgment is due.

Note 1: This Chapter only applies to disclosing entities incorporated or formed in Australia (see subsection 285(2)).

Note 2: See section 320 for the time for lodgment with ASIC.

Note 3: Subsection 318(4) requires disclosing entities that are borrowers in relation to debentures to also report to the trustee for debenture holders.

Note 4: Section 1232F extends this section to preparing half‑year financial reports and directors’ reports for sub‑funds of retail CCIVs (if there are ED securities referable to the sub‑fund), and applies this Division accordingly.

Related sections

• s 300C — Annual directors’ report—registrable superannuation entities
• s 301 — Audit of annual financial report
• s 301A — Audit of annual sustainability report
• s 303 — Contents of half‑year financial report
• s 304 — Compliance with accounting standards and regulations
• s 305 — True and fair view

Research how courts apply s 302

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.