Corporations Act 2001

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.2 - RECEIVERS, AND OTHER CONTROLLERS, OF PROPERTY OF CORPORATIONS

Note: This Part applies to CCIVs with modifications: see Division 3 of Part 8B.6 .

SECTION 434H REGULATIONS MAY PROVIDE FOR REPORTING TO ASIC

[ CCH Note: S 434H heading will be amended by No 69 of 2020, s 3, Sch 1[707], by inserting " OR THE REGISTRAR " at the end, (effective 1 July 2026 or a day or days to be fixed by Proclamation).]

434H(1)
The regulations may provide for and in relation to the obligations of a controller, or a managing controller, of the property of a corporation:

(a) to give information; and

(b) to provide reports; and

(c) to produce documents;

to ASIC.

[ CCH Note: S 434H(1) will be amended by No 69 of 2020, s 3, Sch 1[708], by inserting " or the Registrar " at the end, (effective 1 July 2026 or a day or days to be fixed by Proclamation).]

434H(2)
Without limiting subsection (1) , the regulations may provide for and in relation to:

(a) the manner and form in which information is to be given, a report provided or a document produced; and

(b) the timeframes in which information is to be given, a report provided or a document produced; and

(c) who is to bear the cost of giving information, providing a report or producing a document.

[ CCH Note: Regulation 10.25.02(3)(g) (which was effective 1 March 2017) provides that the amendments made by No 11 of 2016, s 3, Sch 2[99] apply in relation to external administrations on and after 1 September 2017.]

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