This Act is composed of three pillars. Two of these concern the private sector and the third focuses on the public service.

Firstly, this Act establishes a binding minimum quota of 30% female and 30% male members in the supervisory board of market-listed companies. At the same time, companies are obligated to co-determination.

The second pillar consists of rigid, non-binding targets for members of the supervisory board, executive board and especially the two hierarchy levels below the executive board in market-listed or co-determination-obligated companies.
Through the amendment, the already existing reporting duties were supplemented. Since then, companies must provide information on whether they have fulfilled the minimum quota or not. If not, reasons must be given in the reports. These reports are accessible in the company register.

The third pillar is the amendments to the Federal Gender Equality Act (BGleiG) as well as of the Federal Advisory Bodies Act (BGremBG) (which has already been in force for 20 years. Stricter legal regulations were created to ensure faster progress regarding leadership positions and clarification of the purpose of these Acts.  Instead of regulating the selection process in filling leadership position posts, these Acts now require result targets. In case of supervisory bodies, for which the Federal Government may elect at least three members, the quota of 30% applies regarding all new replacements of members that the Federal Government can elect.