Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Act 2018 (106 of 2018)

Schedule 1   Amendments

Part 1   Main amendments

Corporations Act 2001

24   Subsection 314(1AF)

Repeal the subsection, substitute:

(1AF) If a company:

(a) is a public company that is covered under section 738ZI at the end of the financial year mentioned in subsection (1); or

(b) is a small proprietary company that has one or more CSF shareholders at any time during the financial year mentioned in subsection (1);

it may provide the reports, or the concise report, for that financial year by making a copy of the reports, or the concise report, readily accessible on a website. The company also need not comply with subsection (1AB).