Other Key Management Personnel DisclosurOther Key Management Personnel Disclosures by Disclosing Entities

Other Key Management Personnel Disclosures by Disclosing Entities

Aus25.1 Paragraphs Aus25.2 to Aus25.9.3 of this Standard apply to each disclosing entity (subject to parent entity relief) that is required to prepare financial reports in accordance with Part 2M.3 of the Corporations Act. However, paragraphs Aus25.2 to Aus25.6 and Aus25.7.1 and Aus25.7.2 of this Standard do not apply to disclosing entities that are companies. The disclosures required of disclosing entities by paragraphs Aus25.2 to Aus25.9.3 are in addition to those required by paragraphs 1 to 22.

Aus25.2 The following details about each key management person shall be disclosed:

(a) the name of the person;

(b) the position held; and

(c) where the period of responsibility is less than the reporting period, the date or dates identifying the period of responsibility.

Aus25.3 If any of the following changes occur in the period after the end of the reporting period and prior to the date when the financial statements are authorised for issue, the name, position and date for each person involved shall be disclosed for:

(a) each change in the chief executive officer and directors of the entity; and

(b) the retirement of any key management person (other than a director or chief executive officer).