Corporations Act 2001

A proprietary company must notify ASIC within the time determined under section 178D and in the prescribed form, if:

it is required to add or alter a particular in the register it maintains under section 169; and

the particular is one required to be kept under any of the following:

subsection 169(1) (name and address and date of entry of member’s name into register);

paragraph 169(3)(b) (number of shares in each allotment to the member);

paragraph 169(3)(c) (the number of shares held by the member);

paragraph 169(3)(d) (the class of shares held by the member);

paragraph 169(3)(ea) (the amount paid on the member’s shares);

paragraph 169(3)(eb) (whether the member’s shares are fully paid);

paragraph 169(3)(f) (the amount unpaid, if any, on the member’s shares);

subsection 169(5A) (statement whether any of the member’s shares are held beneficially);

subsection 169(6AA) (shares issued as a result of CSF offers).

An offence based on subsection (1) is an offence of strict liability.

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