Section 348A — Corporations Act 2001: ASIC may give a return of particulars
Text of the provision Official document
(1) ASIC may give to a company or responsible entity of a registered scheme a return of particulars for the company or scheme if ASIC suspects or believes that particulars recorded in relation to the company or scheme in a register maintained by ASIC under subsection 1274(1) are not correct. (1A) ASIC may give to the operator of a notified foreign passport fund a return of particulars for the fund if ASIC suspects or believes that particulars recorded in relation to the fund in a register: (a) that ASIC maintains, or ensures is maintained, under subsection 1214(1); or (b) that ASIC maintains under subsection 1274(1); are not correct. (2) Subsection (2A) applies if an agreement or approval under subsection 352(1) covers the lodgment of a response to a return of particulars for a company, registered scheme or notified foreign passport fund. (2A) ASIC may satisfy subsection (1) or (1A) by making the return of particulars available by electronic means to: (a) the company, the responsible entity of the scheme or the operator of the fund; or (b) an agent of the company, the responsible entity or the operator. (3) A return of particulars must specify the date of issue.
Official source: Federal Register of Legislation
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