60‑80 Additional reporting requirements—

60‑80 Additional reporting requirements—classes of registered entities

Additional reports or additional reporting requirements (1) The Commissioner may: (a) make a determination in writing: (i) requiring a particular class of registered entities to prepare a report in addition to any information statement or financial report the entities are required to prepare; and (ii) requiring each entity in that class to give that report to the Commissioner by a time specified in the determination; or (b) make a determination in writing requiring a particular class of registered entities to: (i) include particular additional information in an information statement or financial report; or (ii) meet particular additional requirements in relation to the manner in which an information statement or financial report is prepared. (2) A determination under subsection (1) is a legislative instrument. Additional reports (3) A determination under paragraph (1)(a) must specify: (a) the information to be included in the report; and (b) any other requirements to be met in relation to the manner in which the report is prepared. (4) A determination under paragraph (1)(a) may require the report to be prepared: (a) for a particular period or periods; or (b) in relation to circumstances as they exist as at a particular date or dates. This subsection does not limit subsection (3). (5) The determination may require the report to be prepared for all periods of a particular kind that start or end on or after a date specified in the determination. This subsection does not limit subsection (4). Determinations (6) A determination under subsection (1): (a) may be expressed to be subject to conditions; and (b) may be in respect of a past or future period but if it is in respect of a past period, the determination must be made no later than 6 years after the end of that period. (7) A determination under subsection (1) must be for the purpose of enabling a recognised assessment activity to be carried out.