Section 922K — Corporations Act 2001: Obligation to notify ASIC about a person who ceases to have control of a body corporate licensee

(1) A notice must be lodged under this section, in accordance with section 922L, if a person ceases to have control of a body corporate licensee. Note: Subsection 922P(3) provides that a notice is not required to be lodged when a person starts and then ceases to have control of a body corporate licensee within 30 business days. (2) The notice must include the following information: (a) the name of the licensee; (b) the licence number given to the licensee under subsection 913C(1); (c) the name of the person who ceases to have control of the licensee; (d) the day the person ceases to have control of the licensee.