Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.6 - LICENSING OF PROVIDERS OF FINANCIAL SERVICES  

Division 9 - Registers relating to financial services  

Subdivision B - Notice requirements relating to the Register of Relevant Providers  

SECTION 922K   OBLIGATION TO NOTIFY ASIC ABOUT A PERSON WHO CEASES TO HAVE CONTROL OF A BODY CORPORATE LICENSEE  

922K(1)  
A notice must be lodged under this section, in accordance with section 922L , if a person ceases to have control of a body corporate licensee.

Note: Subsection 922P(3) provides that a notice is not required to be lodged when a person starts and then ceases to have control of a body corporate licensee within 30 business days.

922K(2)  
The notice must include the following information:

(a) the name of the licensee;

(b) the licence number given to the licensee under subsection 913C(1) ;

(c) the name of the person who ceases to have control of the licensee;

(d) the day the person ceases to have control of the licensee.