Scope
Entities with annual consolidated revenue over AUD 100M that carry on business in Australia.
Key provisions
- 01
Annual modern slavery statement
Prepare a statement addressing seven mandatory criteria, including supply chain risk assessment and due diligence processes.
- 02
Board approval
Statement must be approved by the principal governing body and signed by a responsible member.
- 03
Public disclosure
Submit statement to the government and publish on the company website.
Timeline
29 November 2018
Act received Royal Assent
1 January 2019
Act entered into force
1 January 2026
Government signals intent to introduce mandatory due diligence amendments