Corporations Act 2001
A body that is not a company must set up and maintain a register of debenture holders if it issues debentures covered by Chapter 2L.
Note 1: Companies have to keep a register of debenture holders under sections 168 and 171.
Note 2: The register may be kept on computer (see section 1306).601CZB(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 .
S 601CZB(1A) inserted by No 117 of 2001, s 3, Sch 1 [ 174] (effective 15 December 2001).
(a) their name and address;
(b) the amount of the debentures held. 601CZB(3) [ Failure to comply]
A body's failure to comply with this section in relation to a debenture does not affect the debenture itself.
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