Under section 1317AI of the Corporations Act, 2001 from 1
January 2020 all public companies, large proprietary companies and
proprietary companies that are trustees of registrable
superannuation entities (self-managed superannuation funds are not
caught) will be required to have a whistleblower policy.
Importantly, this requirement for a designated whistleblower
policy captures all charities and Not-for-profits which are
structured as public companies limited by guarantee.
These whistleblower policies must contain certain information,
namely;
- a summary of the protections available to whistleblowers;
- the name or role of the person(s) to whom protected disclosures
should be made, and how they can be made;