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CORPORATIONS ACT 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION  

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

SECTION 434H  REGULATIONS MAY PROVIDE FOR REPORTING TO ASIC  

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434H(1)  

The regulations may provide for and in relation to the obligations of a controller, or a managing controller, of the property of a corporation:


(a) to give information; and


(b) to provide reports; and


(c) to produce documents;

to ASIC.

434H(2)  

Without limiting subsection (1), the regulations may provide for and in relation to:


(a) the manner and form in which information is to be given, a report provided or a document produced; and


(b) the timeframes in which information is to be given, a report provided or a document produced; and


(c) who is to bear the cost of giving information, providing a report or producing a document.

[ CCH Note: Regulation 10.25.02(3)(g) (which was effective 1 March 2017) provides that the amendments made by No 11 of 2016, s 3, Sch 2[99] apply in relation to external administrations on and after 1 September 2017.]


 



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