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CORPORATIONS ACT 2001 - SECT 601BJ

ASIC may direct company to apply for Court approval for modifications of constitution

  (1)   ASIC may give the company a written direction to apply to the Court within a specified period for an order approving the modified constitution.

  (2)   The Court may make an order:

  (a)   declaring that the company has complied with section   601BH; or

  (b)   declaring that the company will comply with section   601BH if it makes further modifications of its constitution as specified in the order.

  (3)   The company must lodge a copy of the order with ASIC within 14 days after the order is made.

  (4)   An offence based on subsection   (3) is an offence of strict liability.

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

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