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StatuteCorporations Act 2001

Section 1224Z — Corporations Act 2001: Former corporate director to hand over books and provide reasonable assistance

Text of the provision Official document

(1) If the corporate director of a CCIV changes, the former corporate director must: (a) as soon as practicable give the new corporate director any books in the former corporate director’s possession or control that this Act requires to be kept in relation to the CCIV; and (b) give other reasonable assistance to the new corporate director to facilitate the change of corporate director. (2) An offence based on subsection (1) is an offence of strict liability.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.