349C
In forceA company ceases to be an ultimate holding company
Volume 2Chapter 2L, Part 2L.1 to Chapter 5, Part 5.9 sections 283AA to 600K
Chapter 2NUpdating ASIC information about companies, registered schemes and notified foreign passport funds
Part 2N.5Notice by proprietary companies of changes to ultimate holding company
349C A company ceases to be an ultimate holding company
If a company ceases to be an ultimate holding company in relation to a proprietary company, the proprietary company must notify ASIC of:
(a)
the name of the company that ceased to be an ultimate holding company in relation to the proprietary company; and
(b)
the date the cessation occurred.
This Act’s bill:Explanatory memorandumSecond reading speech
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