Corporations Act 2001

CHAPTER 2N - UPDATING ASIC INFORMATION ABOUT COMPANIES, REGISTERED SCHEMES AND NOTIFIED FOREIGN PASSPORT FUNDS  

PART 2N.5 - NOTICE BY PROPRIETARY COMPANIES OF CHANGES TO ULTIMATE HOLDING COMPANY  

SECTION 349B  

349B   ANOTHER COMPANY BECOMES AN ULTIMATE HOLDING COMPANY  

If another company becomes an ultimate holding company in relation to a proprietary company, the proprietary company must notify ASIC of:

(a)    the other company ' s name; and

(b)    either:

(i) if the other company is registered in Australia - its ABN, ACN or ARBN; or

(ii) if the other company is not registered in Australia - the place at which it was incorporated or formed; and

(c)    the date on which the other company became an ultimate holding company in relation to the proprietary company.