Corporations Act 2001

CHAPTER 2D - OFFICERS AND EMPLOYEES  

PART 2D.1 - DUTIES AND POWERS  

Division 1 - General duties  

SECTION 188   RESPONSIBILITY OF SECRETARIES ETC. FOR CERTAIN CORPORATE CONTRAVENTIONS  

Responsibility of company secretaries

188(1)  
A secretary of a company contravenes this subsection if the company contravenes any of the following provisions (each of which is a corporate responsibility provision ):


(a) section 142 (registered office);


(b) section 145 (public company ' s registered office to be open to public);


(c) section 146 (change of principal place of business);


(d) section 178A (change to proprietary company ' s member register);


(e) section 178C (change to proprietary company ' s share structure);


(f) section 205B (lodgement of notices with ASIC);


(g) section 254X (issue of shares);


(h) section 319 (lodgement of annual reports with ASIC);


(i) section 320 (lodgement of half-year reports with ASIC);


(j) section 346C (response to extract of particulars);


(k) section 348D (response to return of particulars);


(l) section 349A (change to proprietary company ' s ultimate holding company).

Note 1: See section 204A for the circumstances in which a company must have a secretary.

Note 2: This subsection is a civil penalty provision (see section 1317E ).

Responsibility of directors of proprietary companies

188(2)  
Each director of a proprietary company contravenes this subsection if:


(a) the proprietary company contravenes a corporate responsibility provision; and


(b) the proprietary company does not have a secretary when it contravenes that provision.

Note 1: See section 204A for the circumstances in which a company must have a secretary.

Note 2: This subsection is a civil penalty provision (see section 1317E ).

Defence of reasonable steps

188(3)  
A person does not contravene subsection (1) or (2) in relation to a company ' s contravention of a corporate responsibility provision if the person shows that he or she took reasonable steps to ensure that the company complied with the provision.


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