Corporations Act 2001
ASIC may give a small proprietary company a direction to comply with requirements of this Division and Divisions 3, 4, 5 and 6 for a financial year.
294(1A) [ Strict liability offence]An offence based on subsection (1) is an offence of strict liability.
Note: For strict liability , see section 6.1 of the Criminal Code .
The direction may be general or may specify the particular requirements that the company is to comply with.
294(3) [ Date]The direction must specify the date by which the documents have to be prepared, sent or lodged. The date must be a reasonable one in view of the nature of the direction.
294(4) [ Requirements for direction](a) be made in writing; and
(b) specify the financial year concerned; and
(c) be made no later than 6 years after the end of that financial year.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.