This Chapter applies specifically to accounting periods that commence on or after 1 January 2016 and before 1 January 2027. It establishes the framework and compliance requirements that entities must adhere to during this timeframe.

Legal and compliance professionals should note the transitional provisions that may affect reporting and governance processes, ensuring that all regulations are met within the specified period. Adhering to these requirements is vital for maintaining regulatory compliance and mitigating potential legal risks.