Details of outstanding amounts
310N Details of outstanding amounts
This section applies for the purposes of a provision in Subdivision B or C that refers to the details required by this section in relation to the total outstanding amount, as at the end of a calendar year, of all debts incurred by a person or entity.
The details set out in subsection (3) are required if the sum of the debts is more than the disclosure threshold.
The details are the following, for the amount outstanding in relation to each debt:
if the amount was owed to an unincorporated association, other than a registered industrial organisation:
the name of the association; and
the names and addresses of the members of the executive committee (however described) of the association;
if the amount was purportedly incurred as a debt to a trust fund or to a foundation:
the names and addresses of the trustees of the fund or of the foundation; and
the title or other description of the trust fund, or the name of the foundation, as the case requires;
in any other case—the name and address of the person or organisation.
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