Publish an annual Modern Slavery Statement
Entities with consolidated revenue ≥$100M must publish an annual Modern Slavery Statement.
Who must comply
Australian entities and entities carrying on business in Australia with annual consolidated revenue ≥AUD 100M.
What triggers it
Consolidated revenue threshold met in a reporting period.
When due
Within 6 months of end of reporting period.
Evidence required
Modern Slavery Statement approved by the principal governing body, signed by a responsible member, lodged on the public register.
Max penalty
From the Modern Slavery Amendment Bill 2024 (if passed) — civil penalties for non-publication or false statements
Summary
The Modern Slavery Act 2018 (Cth) requires reporting entities with consolidated revenue of at least $100M to publish a Modern Slavery Statement within 6 months of the end of their reporting period. Mandatory criteria cover entity structure, supply chains, risks, actions to address risks, effectiveness, consultation, and other relevant information. Statements are lodged on the Modern Slavery Statements Register. The Anti-Slavery Commissioner (federal) monitors compliance.
Enforced by
Source legislation
Topics
Source: https://modernslaveryregister.gov.au. Rules Mate is not a law firm. Always verify against the live regulator source before acting.