Corporations Act 2001

The directors’ report for a financial year for a company limited by guarantee must:

contain a description of the short and long term objectives of the entity reported on; and

set out the entity’s strategy for achieving those objectives; and

state the entity’s principal activities during the year; and

state how those activities assisted in achieving the entity’s objectives; and

state how the entity measures its performance, including any key performance indicators used by the entity.

The entity reported on is:

the company (if consolidated financial statements are not required); or

the consolidated entity (if consolidated financial statements are required).

The directors’ report for a financial year for a company limited by guarantee must also include details of:

the name of each person who has been a director of the company at any time during or since the end of the year and the period for which the person was a director; and

each director’s qualifications, experience and special responsibilities; and

the number of meetings of the board of directors held during the year and each director’s attendance at those meetings; and

for each class of membership in the company—the amount which a member of that class is liable to contribute if the company is wound up; and

the total amount that members of the company are liable to contribute if the company is wound up.