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ARTICLE · 20 JANUARY 2020

Time is running out – are you taking action on modern slavery reporting?

Corrs Chambers Westgarth
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If you are a MS reporting entity, ensure that responsibility is clearly defined and accountabilities are in place.

AustraliaGovernment, Public Sector
Phoebe Wynn-Pope
Phoebe Wynn-Pope
Heidi Roberts
Heidi Roberts
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As we welcome 2020 we are reminded that just twelve months ago the Modern Slavery Act 2018 (Cth) (MS Act) entered into force. The MS Act requires entities based or operating in Australia with an annual consolidated revenue of more than $100 million to assess, address and report on the risks of modern slavery in their supply chains and operations. The first reporting period for many businesses finishes at the end of June 2020, and so the time is ripe to take action to address modern slavery risks in their operations and supply chains.

Time to check in on progress

While modern slavery statements are not due to be lodged until December 2020 for Australian entities that operate on a July to June financial year, the work to be reported must be completed by 30 June 2020.1

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