Section 300B — Corporations Act 2001: Annual directors’ report—companies limited by guarantee

(1) The directors’ report for a financial year for a company limited by guarantee must: (a) contain a description of the short and long term objectives of the entity reported on; and (b) set out the entity’s strategy for achieving those objectives; and (c) state the entity’s principal activities during the year; and (d) state how those activities assisted in achieving the entity’s objectives; and (e) state how the entity measures its performance, including any key performance indicators used by the entity. (2) The entity reported on is: (a) the company (if consolidated financial statements are not required); or (b) the consolidated entity (if consolidated financial statements are required). (3) The directors’ report for a financial year for a company limited by guarantee must also include details of: (a) 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 (b) each director’s qualifications, experience and special responsibilities; and (c) the number of meetings of the board of directors held during the year and each director’s attendance at those meetings; and (d) 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 (e) the total amount that members of the company are liable to contribute if the company is wound up.