Time within which ASIC must be notified
178D Time within which ASIC must be notified
A proprietary company must notify ASIC under section 178A within the time determined by this table.
Time within which the company must notify ASIC | ||
|---|---|---|
Item | If the need to add or alter a particular arises in connection with this event... | The company must notify ASIC within this time... |
1 | the Court orders the company to correct its member register kept under section 169 | at the same time that it notifies ASIC of the correction under subsection 175(3) |
2 | the company divides shares into classes, or converts shares of a class into shares of another class | within the time within which it must notify ASIC of the particulars of the division or conversion under subsection 246F(1) |
3 | the company issues shares | within the time within which it must notify ASIC of the particulars of the issue under subsection 254X(1) |
4 | the company reduces its share capital | within the time within which it must notify ASIC of shareholder approval of the reduction under subsection 256C(3) |
5 | an event not covered by items 1 to 4 | within 28 days after the day on which it adds or alters the particular in the register |
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