179ADisclosure by employers

179A  Disclosure by employers  (a) an employer will be covered by a proposed enterprise agreement that is not a greenfields agreement; and  (b) as a direct or indirect consequence of the operation of one or more terms of the agreement (the beneficial terms), the employer or a person mentioned in subsection (2) will, or can reasonably be expected to, receive or obtain (directly or indirectly) a section 179A disclosable benefit (each such person is a beneficiary); the employer must prepare a document in accordance with subsection (3).  (2) For the purposes of paragraph (1)(b), the persons are any of the following:  (a) an associated entity of the employer (other than an associated entity prescribed by the regulations);  (b) a person or body prescribed by the regulations for the purposes of this paragraph.  (3) The document must:  (a) itemise the beneficial terms; and  (b) describe the nature and (as far as reasonably practicable) amount of each section 179A disclosable benefit in relation to each beneficiary; and  (c) name each beneficiary; and  (d) be in accordance with any other requirements prescribed by the regulations for the purposes of this paragraph.  (4) A section 179A disclosable benefit is any financial benefit, other than a financial benefit that is:  (a) received or obtained in the ordinary course of the employer’s business; or  (b) prescribed by the regulations for the purposes of this paragraph.