Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

PART 5.2 - RECEIVERS, AND OTHER CONTROLLERS, OF PROPERTY OF CORPORATIONS  

Note: This Part applies to CCIVs with modifications: see Division 3 of Part 8B.6 .

SECTION 422A   ANNUAL RETURN BY CONTROLLER  

422A(1)    
This section applies if a person is the controller of property of a corporation during all or part of a control return year for the controller for the corporation.

422A(2)    
However, this section does not apply if:

(a)    the control of the property ends during the control return year; and

(b)    the person is the controller of the property when the control of the property ends.

Note: If a person is the controller of property of the corporation when the control of the property ends, the person must instead lodge a return under section 422B .

422A(3)    
The person must lodge a return in relation to the control of the property of the corporation.

422A(4)    
The return must:

(a)    be in the approved form; and

(b)    be lodged with ASIC within 3 months after the end of the control return year.

Note: Fees for lodging documents and late lodgement fees may be imposed under the Corporations (Fees) Act 2001 .

422A(5)    
Each of the following is a control return year for a controller for a corporation:

(a)    the period of 12 months beginning on the day on which the person first began to be a controller of the property of the corporation;

(b)    each subsequent period of 12 months.