23Preparation of accounts and statements—directors’ report

23 Preparation of accounts and statements—directors’ report

(1) This section is made for the purposes of subsection 141(2) of the Act and specifies accounts and statements that an airport‑operator company for an airport must prepare.

Note 1: This section only applies to an airport‑operator company for an airport if the airport is specified under section 21 of this instrument and there is an airport lease for the airport (see subsection 140(1) of the Act).

Note 2: The company must also prepare financial reports under section 22 of this instrument.

(2) The company must prepare accounts and statements in the form of a directors’ report.

Note: A directors’ report is required to be prepared in respect of the whole or part, as the case may be, of a financial year (see subsection 141(2) of the Act).

(3) The directors’ report must be either: (a) the directors’ report prepared under Part 2M.3 of the Corporations Act 2001; or (b) a report that contains the same information as if it were a directors’ report under Part 2M.3 of the Corporations Act 2001.