Corporations Act 2001
View history note
Hide history note[ CCH Note: Div 5 heading will be amended by No 69 of 2020, s 3, Sch 1[611], by substituting " the Registrar " for " ASIC " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
ASIC may give a company, registered scheme, registrable superannuation entity or disclosing entity a direction to lodge with ASIC a copy of reports prepared or obtained by it under Division 1 or 2 .
[ CCH Note: S 321(1) will be amended by No 69 of 2020, s 3, Sch 1[618], by substituting " the Registrar " for " ASIC " (last occurring), (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
321(1AA)
ASIC may give a notified foreign passport fund a direction to lodge with ASIC: (a) a copy of a report for the fund for a financial year, prepared in accordance with the financial reporting requirements applying to the fund under the Passport Rules for the home economy for the fund; and (b) a copy of each auditor ' s report that relates to the report mentioned in paragraph (a) .
321(1A)
An offence based on subsection (1) or (1AA) is an offence of strict liability.
Note: For strict liability , see section 6.1 of the Criminal Code .
321(2)
The direction must: (a) be made in writing; and (b) specify the period or periods concerned; and (c) be made no later than 6 years after the end of the period or periods; and (d) specify the date by which the documents have to be lodged.
The date specified under paragraph (d) must be at least 14 days after the date on which the direction is given.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
