Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 178A

Notice of change to member register

             (1)  A proprietary company must notify ASIC within the time determined under section 178D and in the prescribed form, if:

                     (a)  it is required to add or alter a particular in the register it maintains under section 169; and

                     (b)  the particular is one required to be kept under any of the following:

                              (i)  subsection 169(1) (name and address and date of entry of member's name into register);

                             (ii)  paragraph 169(3)(b) (number of shares in each allotment to the member);

                            (iii)  paragraph 169(3)(c) (the number of shares held by the member);

                            (iv)  paragraph 169(3)(d) (the class of shares held by the member);

                             (v)  paragraph 169(3)(ea) (the amount paid on the member's shares);

                            (vi)  paragraph 169(3)(eb) (whether the member's shares are fully paid);

                           (vii)  paragraph 169(3)(f) (the amount unpaid, if any, on the member's shares);

                          (viii)  subsection 169(5A) (statement whether any of the member's shares are held beneficially);

                            (ix)  subsection 169(6AA) (shares issued as a result of CSF offers).

             (2)  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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