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ARTICLE · 17 JULY 2024

Modern slavery statement – is yours compliant?

McCarthy Durie Lawyers
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Entities need to make sure their modern slavery statements meet the requirements under the Modern Slavery Act.

AustraliaCorporate/Commercial Law
Madeleine Harling
Madeleine Harling
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The Modern Slavery Act 2018 ("Modern Slavery Act") requires certain entities to report on the risks of modern slavery in their operations and supply chains and actions to address those risks, and for related purposes. This obligation exists on entities that are based, or operating, in Australia, which have an annual consolidated revenue of more than $100 million, and they must report annually on the risks of modern slavery in their operations and supply chains, and actions to address those risks.

There are different requirements for the statements depending on if it's a statement for a single reporting entity, or a joint statement, however each statement must comply with section 16 of the Modern Slavery Act, and must (amongst other things) include the following information:

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