Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 348A

ASIC may give a return of particulars

  (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.



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