ASIC is seeking feedback on its proposal to withdraw financial reporting relief for uncontactable members before it expires on 1 October 2026.
We have assessed that ASIC Corporations (Uncontactable Members) Instrument 2016/187 is no longer being used due to changes in the Corporations Act 2001 (Corporations Act).
Sections 110JA and 110F (4A) of the Corporations Act now provide similar relief where a member is uncontactable.
Entities not covered by these requirements may need to apply to ASIC for individual relief aligned with Regulatory Guide 43: Financial reporting and audit relief (RG 43) (if ASIC proceeds with our proposal to withdraw ASIC Instrument 2016/187).
Providing feedback
Stakeholders can send submissions with their feedback to rri.consultation@asic.gov.au by 5pm AEST on Friday 17 July 2026.
Background
ASIC Instrument 2016/187 provided relief to companies, registered schemes, disclosing entities and notified foreign passport funds from obligations to provide annual reports to a member if that member was uncontactable.
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ASIC is Australia’s corporate, markets and financial services regulator.