Corporations Act 2001

CHAPTER 2L - DEBENTURES  

PART 2L.2 - DUTIES OF BORROWER  

SECTION 283BC   DUTY TO NOTIFY ASIC OF INFORMATION RELATED TO TRUSTEE  

283BC(1)    
Within 14 days after the trustee is appointed, the borrower must lodge with ASIC a notice containing the following information:

(a)    the name of the trustee;

(b)    any other information related to the trustee or the debentures that is prescribed by the regulations.

283BC(2)    
If there is any change to the information, the borrower must, within 14 days of the change, lodge with ASIC a notice containing the changed information.

283BC(3)    
A notice under subsection (1) or (2) must be in the prescribed form.

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