Issued 24 April 2026
This guide is for entities seeking relief from the financial reporting and audit requirements of the Corporations Act. This includes companies, disclosing entities, registered managed investment schemes (registered schemes), corporate collective investment vehicles (CCIVs) and registrable superannuation entities (RSEs), and their directors and auditors.
It explains:
- how we may exercise our powers to grant relief from the financial record keeping, financial reporting and audit requirements of Pts 2M.2, 2M.3 and 2M.4 (other than Div 4) of the Corporations Act, and
- how to apply for individual relief if you are unable to rely on existing class relief.
Note 1: Similar reporting and audit relief may be available for sustainability reports required to be prepared under Ch 2M of the Corporations Act. Entities seeking relief from the sustainability reporting and audit requirements should refer to Regulatory Guide 280 Sustainability reporting (RG 280), particularly Section E.
Note 2: For guidance in relation to our powers to grant relief from the financial record keeping, financial reporting and audit requirements of Pts 2M.2, 2M.3 and 2M.4 (other than Div 4) in respect of notified foreign passport funds under s340A and 341A, see Regulatory Guide 138 Foreign passport funds (RG 138).