Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 322

Relodgment if financial statements or directors' reports amended after lodgment

Financial reports and directors' reports lodged by companies, registered schemes or disclosing entities

             (1)  If a financial report or directors' report is amended after it is lodged with ASIC, the company, registered scheme or disclosing entity must:

                     (a)  lodge the amended report with ASIC within 14 days after the amendment; and

                     (b)  give a copy of the amended report free of charge to any member who asks for it.

Reports on financial matters lodged by notified foreign passport funds

          (1A)  If a report lodged with ASIC by a notified foreign passport fund is amended after it is lodged with ASIC, the notified foreign passport fund must:

                     (a)  lodge the amended report with ASIC within 14 days after the amendment; and

                     (b)  give a copy of the amended report free of charge to any Australian member who asks for it.

Notifying members if there is a material amendment

             (2)  If the amendment is a material one, the company, registered scheme, notified foreign passport fund or disclosing entity must also notify members as soon as practicable of:

                     (a)  the nature of the amendment; and

                     (b)  their right to obtain a copy of the amended report under subsection (1) or (1A).

Offence

             (3)  An offence based on subsection (1), (1A) or (2) is an offence of strict liability.

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



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback