THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

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

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Chapter 5B inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

PART 5B.2 - REGISTRABLE BODIES

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Part 5B.2 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

Division 4 - Register of debenture holders for non-companies

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Div 4 inserted by No 156 of 1999, Sch 3, Pt 2 (effective 13 March 2000).

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

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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.

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S 601CZB inserted by No 156 of 1999, Sch 3, Pt 2 (effective 13 March 2000).

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