Ezy Cleaners Pty Ltd Has a Benchmark Percentage of 60

Ezy Cleaners Pty Ltd has a benchmark percentage of 60 per cent in the current franking period and a benchmark percentage of 20 per cent in the immediately preceding franking period. Ezy Cleaners is planning to pay this first dividend in this next franking period. Does Ezy Cleaners Pty Ltd have a disclosure requirement?

A) No, as it has not made a significant variation in its benchmark franking percentage
B) No, as such disclosure requirements are only imposed after a tax audit
C) Yes as it has made a significant variation in its benchmark franking percentage
D) Yes, as all companies have this disclosure requirement