Commonwealth Consolidated Acts Commonwealth Consolidated Acts(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.