S 377 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007. S 377 formerly read:
SECTION 377 NEW TRUSTEE TO NOTIFY APPOINTMENT TO MEMBERS
377(1)
If a body corporate becomes the trustee of the Part
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entity under this Division, the body corporate must, as soon as practicable, give each member of the entity a notice about the appointment.
377(2)
The notice is to be in a form approved by ASIC.
History
S 377(2) amended by No 54 of 1998.
377(3)
The body corporate must not, without reasonable excuse, contravene this section.
Penalty: 250 penalty units.
377(3A)
Subsection (3) is an offence of strict liability.
Note 1:
Chapter 2 of the
Criminal Code
sets out the general principles of criminal responsibility.
Note 2:
For
strict liability
, see section
6.1
of the
Criminal Code
.
History
S 377(3A) inserted by No 160 of 2000, s 3 and Sch 3 item 92, effective 18 January 2001.
377(4)
A contravention of subsection (1) does not affect the validity of the appointment.
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