THE CORPORATIONS LAW
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 2D - OFFICERS AND EMPLOYEES
PART 2D.1 - DUTIES AND POWERS
Division 1 - General duties
SECTION 188 RESPONSIBILITY OF SECRETARIES AND DIRECTORS FOR CERTAIN CONTRAVENTIONS 188(1) Secretary's functions. A secretary of a company contravenes this subsection if the company contravenes: (a) section 142 (requirement for companies to have registered office); or (b) section 145 (requirement for registered office of public company to be open to public); or (c) section 345 (annual returns); or (d) section 205B (lodgment of notices with ASIC).Note:
See section 203C for the circumstances in which a company must have a secretary. 188(2) Consequence if director of proprietary company without secretary does not fulfil secretary's function. Each director of a proprietary company contravenes this subsection if: (a) the proprietary company contravenes section 142, 145, 205B or 345; and (b) the proprietary company does not have a secretary when it contravenes that section. 188(3) Defence. A person does not contravene subsection (1) or (2) if they show that they took all reasonable steps to ensure that the company complied with the section.
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