Commonwealth Numbered Acts

FINANCIAL ACCOUNTABILITY REGIME ACT 2023 (NO. 67, 2023) - SECT 33

                   For the purposes of paragraph 31(2)(a), an accountability statement for an accountable person of an accountable entity, or of a significant related entity, must:

                     (a)  contain a comprehensive statement of:

                              (i)  the part or aspect of the operations of the accountable entity, or of the significant related entity, for which the accountable person has actual or effective responsibility for management or control ; and

                             (ii)  the responsibilities of the accountable person, including any responsibilities to which paragraph 23(1)(a) or subsection 23(3) applies, as the case requires; and

                            (iii)  the matters (if any) prescribed by the Regulator rules; and

                     (b)  include a statement by the accountable person declaring that:

                              (i)  the content of the accountability statement is accurate; and

                             (ii)  the accountable person understands their accountability obligations under section 21.