Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 349A

  (1)   If an event mentioned in section   349B, 349C or 349D happens in relation to a proprietary company, the proprietary company must notify ASIC, in the prescribed form and within 28 days after the event, of the details required by that section.

  (2)   An offence based on subsection   (1) is an offence of strict liability.

Note:   For strict liability , see section   6.1 of the Criminal Code .