Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteCCH note - modifying legislative instruments: The application of Pt 7.8 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (Investor Directed Portfolio Services) Instrument 202 3/6 69 (Div 8 only) (as amended by ASIC Corporations (Amendment) Instrument 2024/554).
For legislative instruments or class orders before 1 January 2022 that affect the application of Pt 7.8, please consult the legislative instruments or class orders directly. These are reproduced in the regulatory-resources section of the company-law practice area in CCH iKnowConnect.
Unless an extension is granted under subsection (3), the profit and loss statement and the balance sheet must be lodged before: (a) if the licensee is not a body corporate - the day that is 2 months after the end of that financial year; or (b) if the licensee is a body corporate - the day that is 3 months after the end of that financial year.
989D(2)
If an extension is granted under subsection (3), the profit and loss statement and the balance sheet must be lodged before the end of the extended period.
989D(3)
ASIC may, on application made: (a) by a financial services licensee and the licensee's auditor; and (b) before the end of the period that would otherwise apply;
approve an extension of the period for lodging the profit and loss statement and balance sheet. The extension may be of the period originally applicable or the period applicable under a previous extension.
989D(4)
An approval under subsection (3) may be given subject to such conditions (if any) as ASIC imposes.
989D(5)
If an approval under subsection (3) is given subject to conditions, the licensee must comply with those conditions.
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