Section 601CZB — Corporations Act 2001: Register of debenture holders to be maintained by non-companies
Text of the provision Official document
(1) A body that is not a company must set up and maintain a register of debenture holders if it issues debentures covered by Chapter 2L. Note 1: Companies have to keep a register of debenture holders under sections 168 and 171. Note 2: The register may be kept on computer (see section 1306). (1A) An offence based on subsection (1) is an offence of strict liability. Note: For strict liability, see section 6.1 of the Criminal Code. (2) The register must contain the following information about each debenture holder: (a) their name and address; (b) the amount of the debentures held. (3) A body’s failure to comply with this section in relation to a debenture does not affect the debenture itself.
Official source: Federal Register of Legislation
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