HSC Legal Studies LCMID Practice Test

Session length

1 / 20

Which Act requires businesses to report annually on risks in supply chains and internal operations, and the actions taken to monitor and mitigate those risks, without addressing small businesses?

Modern Slavery Act 2018 (Cth)

The main idea is annual, public reporting on risks of modern slavery in a business’s supply chains and internal operations, plus the actions taken to monitor and mitigate those risks, with the requirement aimed at larger entities rather than small businesses. The Modern Slavery Act 2018 (Cth) is the one that fits this description. It requires entities above a revenue threshold to prepare and publish a Modern Slavery Statement each year, detailing identified risks of modern slavery in their supply chains and operations and the steps being taken to address those risks. The other acts don’t impose this kind of reporting requirement: criminal code amendments focus on criminal law changes, homelessness legislation targets housing and services, and the Australian Consumer Act deals with consumer rights and market protections rather than corporate risk reporting on supply chains.

Criminal Code Amendments 2012

Homelessness Act 2014

Australian Consumer Act 2010

Next Question
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy