Contents of half‑year financial report
Basic contents (1) The financial report for a half‑year consists of: (a) the financial statements for the half‑year; and (b) the notes to the financial statements; and (c) the directors’ declaration about the statements and notes. Financial statements (2) The financial statements for the half‑year are: (a) unless paragraph (b) applies—the financial statements in relation to the disclosing entity required by the accounting standards; or (b) if the accounting standards require the disclosing entity to prepare financial statements in relation to a consolidated entity—the financial statements in relation to the consolidated entity required by the accounting standards. Notes to financial statements (3) The notes to the financial statements are: (a) disclosures required by the regulations; and (b) notes required by the accounting standards; and (c) any other information necessary to give a true and fair view (see section 305). Directors’ declaration (4) The directors’ declaration is a declaration by the directors: (c) whether, in the directors’ opinion, there are reasonable grounds to believe that the disclosing entity will be able to pay its debts as and when they become due and payable; and (d) whether, in the directors’ opinion, the financial statement and notes are in accordance with this Act, including: (i) section 304 (compliance with accounting standards); and (ii) section 305 (true and fair view). Note: See paragraph 285(3)(c) for the reference to the debts of a disclosing entity that is a registered scheme. (5) The declaration must: (a) be made in accordance with a resolution of the directors; and (b) specify the day on which the declaration is made; and (c) be signed by a director. Note: Section 1228 deals with directors’ resolutions for CCIVs.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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