As the material presented is related to the draft Accounting Act, which has already been submitted to the Government and discussed by the Government Legislative Council, the Ministry of Finance plans to publish on its website the current version of the draft Accounting Act and the theses of the implementing regulations thereto, so that the context of the proposed changes can be assessed.

Some more statistics on the draft:

• The Bill has 131 parts, so more than 120 laws are being amended;
• The Income Tax Act has 314 amendment points; and
• The text of the amendment points is 229 pages long and the related explanatory report is 379 pages long.

Finally, we note that the Bill is still proposed to come into force on 1 January 2025.