Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (69 of 2023)

Schedule 1   Modernising business communications

Part 4   Publication requirements and other amendments

Corporations Act 2001

91   After subsection 254Q(5)

Insert:

Publishing notices

(5A) A notice under subsection (3) or (4) is published in accordance with this subsection if the notice is published:

(a) unless paragraph (b) of this subsection applies - in a manner that results in the notice being accessible to the public and reasonably prominent; or

(b) if a determination in force under subsection (5B) specifies one or more manners in which such a notice may be published - in a manner so specified.

(5B) For the purposes of paragraph (5A)(b), ASIC may, by legislative instrument, make a determination specifying one or more manners in which a notice under subsection (3) or (4) may be published.

(5C) A manner of publication may be specified in the determination only if ASIC considers that the manner of publication would result in such a notice being accessible to the public and reasonably prominent.