CORPORATIONS ACT 2001

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT  

PART 2M.3 - FINANCIAL REPORTING  

Division 5 - Lodging reports with ASIC  

SECTION 322   RELODGMENT IF FINANCIAL STATEMENTS OR DIRECTORS ' REPORTS AMENDED AFTER LODGMENT   Financial reports and directors ' reports lodged by companies, registered schemes or disclosing entities

322(1)  
If a financial report or directors ' report is amended after it is lodged with ASIC, the company, registered scheme or disclosing entity must:

(a) lodge the amended report with ASIC within 14 days after the amendment; and

(b) give a copy of the amended report free of charge to any member who asks for it. Reports on financial matters lodged by notified foreign passport funds

322(1A)  
If a report lodged with ASIC by a notified foreign passport fund is amended after it is lodged with ASIC, the notified foreign passport fund must:

(a) lodge the amended report with ASIC within 14 days after the amendment; and

(b) give a copy of the amended report free of charge to any Australian member who asks for it.

Notifying members if there is a material amendment

322(2)  
If the amendment is a material one, the company, registered scheme, notified foreign passport fund or disclosing entity must also notify members as soon as practicable of:

(a) the nature of the amendment; and

(b) their right to obtain a copy of the amended report under subsection (1) or (1A).

Offence

322(3)  

An offence based on subsection (1), (1A) or (2) is an offence of strict liability.

Note: For strict liability , see section 6.1 of the Criminal Code .