Fair Work (Registered Organisations) Act 2009

As soon as practicable after the end of each financial year, the committee of management of a reporting unit must cause an operating report to be prepared in relation to the financial year.

The operating report must:

contain a review of the reporting unit’s principal activities during the year, the results of those activities and any significant changes in the nature of those activities during the year; and

give details of any significant changes in the reporting unit’s financial affairs during the year; and

give details of the right of members to resign from the reporting unit under section 174; and

give details (including details of the position held) of any officer or member of the reporting unit who is:

a trustee of a superannuation entity or an exempt public sector superannuation scheme; or

a director of a company that is a trustee of a superannuation entity or an exempt public sector superannuation scheme; and

contain any other information that the reporting unit considers is relevant; and

contain any prescribed information.

To avoid doubt, the operating report may be prepared by the committee of management or a designated officer.

A reporting unit must not contravene this section.