Australian Charities and Not-for-profits Commission (Consequential and Transitional) Act 2012
11Substituted accounting periods
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11 Substituted accounting periods
(1) The Commissioner is treated as having allowed an entity under section 60‑85 of the ACNC Act on the commencement day to adopt an accounting period that ends on a particular day (the substituted end day) (other than 30 June) each year if:
(a) the entity is a registered entity on the commencement day because of Part 2 of this Schedule; and
(b) the entity notifies the Commissioner that, under an Australian law, the entity is or was required to prepare a financial report for a period of 12 months that ended on the substituted end day during the 2012‑13 financial year.
(2) A notice given under paragraph (1)(b) must be:
(b) given to the Commissioner during the period of 6 months starting on the commencement day.
Note: Subdivision 175‑B of the ACNC Act imposes an administrative penalty if the notice contains a statement that is false or misleading in a material particular.