Corporations Act 2001
[ CCH Note: Div 5 heading will be amended by No 69 of 2020, s 3, Sch 1[611], by substituting " the Registrar " for " ASIC " , (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
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.
[ CCH Note: S 322(1) will be amended by No 69 of 2020, s 3, Sch 1[619] and [ 620], by substituting " the Registrar " for " ASIC " (wherever occurring) and inserting " The lodgement must meet any requirements of the data standards. " at the end, (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
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.
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).
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 .
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