AEC policy on consideration of financial disclosures matters

Updated: 23 December 2010

The AEC has a policy of considering matters that are brought to its attention, either directly or through public forums such as the media, in order to determine whether disclosure obligations exist and, if so, whether they have been met. However, the AEC is not empowered to do more than give preliminary consideration to such matters unless it is able to form the view that there are reasonable grounds for pursuing a matter further. If evidence is not available to the AEC that would allow it to reach a conclusion that reasonable grounds exist for pursuing a matter, then no further action will be taken by the AEC. If, however, the AEC receives further evidence in relation to a matter, that evidence will be considered to determine if the matter may be pursued.