RG 22 Directors’ solvency declaration

Issued 29 March 2023

This guide is for directors and auditors, and their advisers. The objectives of this guide are to:

explain the requirements for the directors’ solvency declaration under s295(4)(c) and s303(4)(c) of the Corporations Act;
outline the obligations of directors when making the declaration on the solvency of an entity; and
outline the obligations of the auditor in relation to the directors’ solvency declaration.