THE CORPORATIONS LAW

CHAPTER 5B - BODIES CORPORATE REGISTERED AS COMPANIES, AND REGISTRABLE BODIES

PART 5B.2 - REGISTRABLE BODIES

Division 4 - Register of debenture holders for non-companies

SECTION 601CZB   REGISTER OF DEBENTURE HOLDERS TO BE MAINTAINED BY NON-COMPANIES  

601CZB(1)  (Need to maintain register)  

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(2)  [Contents of register]  

The register must contain the following information about each debenture holder:

(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.