Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 - SECT 246F

Company must lodge documents and resolutions with ASIC

(1) A company must lodge with ASIC a notice in the prescribed form setting out particulars of any of the following:

(a)
a division of shares in the company into classes if the shares were not previously so divided;

(b)
a conversion of shares in a class of shares in the company into shares in another class.

(2) The notice must be lodged within 14 days after the division or conversion. (3) A public company must lodge with ASIC a copy of each document (including an agreement or consent) or resolution that:

(a)
does any of the following:

(i)
attaches rights to issued or unissued shares;
(ii)
varies or cancels rights attaching to issued or unissued shares;
(iii)
varies or cancels rights of members in a class of members of a company that does not have a share capital;
(iv)
binds a class of members; and
(b)
is not already lodged with ASIC.

This also applies to a proprietary company that has applied under Part 2B.7 to change to a public company, while its application has not yet been determined .

(4) The document must be lodged within 14 days after it is made. The resolution must be lodged within 14 days after it is passed.



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