Policy objectives behind the bill
The speech traces the reforms to the steering committee established in 2007 and subsequent public consultations. It describes the Act as fundamentally sound while proposing reduced compliance burdens and stronger governance where needed. The small-company audit concept is one example of moving beyond the previous exempt-private-company revenue test, linking the legislation to a broader risk-based approach.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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