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CORPORATIONS ACT 2001

CHAPTER 2C - REGISTERS  

PART 2C.2 - NOTICE BY PROPRIETARY COMPANIES OF CHANGES TO MEMBER REGISTER    View history reference

SECTION 178C  NOTICE OF CHANGE TO SHARE STRUCTURE  

 View history reference

178C(1)  [Obligation to notify ASIC]  


A proprietary company that is required to notify ASIC under section 178A of an addition or alteration must also notify ASIC, at the same time, of any of the following details in relation to the company that are different from the details previously notified to ASIC:


(a) the total number of the company's shares on issue;


(b) the classes into which the shares are divided;


(c) for each class issued:


(i) the total number of shares for the class;

(ii) the total amount paid up for the class;

(iii) the total amount unpaid for the class.

178C(2)  [Strict liability offence]  


An offence based on subsection (1) is an offence of strict liability.

Note: For strict liability, see section 6.1 of the Criminal Code.


 



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