Legislation › Corporations Act 2001 (Cth) Corporations Act 2001 (Cth) Sections (4149) s 1 — Short title s 2 — Commencement s 3 — Constitutional basis for this Act s 4 — Referring States s 5 — General territorial application of Act s 5A — Application to the Crown s 5B — ASIC has general administration of this Act s 5D — Coverage of Part s 5E — Concurrent operation intended s 5F — Corporations legislation does not apply to matters declared by State or Territory law to be an excluded matter s 5G — Avoiding direct inconsistency arising between the Corporations legislation and State and Territory laws s 5H — Registration of body as company on basis of State or Territory law s 5I — Regulations may modify operation of the Corporations legislation to deal with interaction between that legislation and State and Territory laws s 5J — Simplified outline of this Part s 6 — Effect of this Part s 7 — Identifying defined terms s 9 — Dictionary s 9AA — Certain family relationships s 9AB — Meaning of asset s 9AC — Meaning of director s 9AD — Meaning of officer s 9A — Meaning of rights issue s 9B — Meaning of remuneration recommendation s 9D — Meaning of declared financial market s 10 — Effect of Division s 11 — Associates of bodies corporate s 12 — References in Chapters 6 to 6C, and other references relating to voting power and takeovers etc. s 13 — References in Chapter 7 s 15 — General s 16 — Exclusions s 17 — Associates of composite person that carries on a financial services business s 18 — Carrying on business: otherwise than for profit s 19 — Businesses of a particular kind s 20 — Carrying on a business: alone or together with others s 21 — Carrying on business in Australia or a State or Territory s 45A — Meaning of proprietary company, small proprietary company and large proprietary company s 45B — Meaning of small company limited by guarantee s 46 — Meaning of subsidiary—general s 47 — Control of a body corporate’s board s 48 — Matters to be disregarded s 49 — References in this Division to a subsidiary s 50 — Meaning of related body corporate s 50AAA — Meaning of associated entity s 50AA — Meaning of control s 51F — Meaning of PPSA retention of title property s 51M — Meaning of mutual entity s 52A — Signing s 53 — Meaning of affairs—body corporate other than a CCIV s 53AAA — Meaning of affairs—CCIV s 53AA — Meaning of business affairs—body corporate s 53AB — Meaning of business affairs—natural person s 53AC — Meaning of business affairs—partnership s 53AD — Meaning of business affairs—trust s 57 — Classes of shares or interests in managed investment schemes s 57A — Meaning of corporation s 58AA — Meaning of court and Court s 58B — Discharge of obligations under this Act s 59 — Debentures as consideration for acquisition of shares s 60 — Declaration of relevant relationships s 64A — Meaning of entity s 64B — Entities connected with a corporation s 65 — Eligible money market dealer s 66A — Meaning of exempt body corporate s 70 — Extension of period for doing an act s 73A — When a court is taken to find a person guilty of an offence s 75 — Inclusion in official list s 79 — Involvement in contraventions s 80 — Jervis Bay Territory taken to be part of the Australian Capital Territory s 82 — Offers and invitations to the public s 86 — Possession s 88A — Meaning of public document s 88B — Meaning of qualified accountant s 89 — Meaning of qualified privilege s 90 — Receivers and managers s 91 — Meaning of relation‑back day s 92 — Meaning of securities s 95A — Meaning of solvent and insolvent s 100 — Address of registered office etc. s 100A — Operation of certain laws relating to instruments on which stamp duty has not been paid s 101 — Amount of stock representing a number of shares s 102 — Applications to be in writing s 102B — Meaning of in this jurisdiction or elsewhere and outside this jurisdiction s 102C — Meaning of in Australia s 103 — Effect of certain contraventions of this Act s 104 — Effect of provisions empowering a person to require or prohibit conduct s 105 — Calculation of time s 105A — When is an electronic communication sent and received s 105B — Place where an electronic communication is sent or received s 107 — Notice in relation to top 20 members of a class s 108 — Parts of dollar to be disregarded in determining majority in value of creditors etc. s 109 — References to persons, things and matters s 109X — Service of documents s 110 — When this Division applies s 110A — Technology neutral signing s 110B — Lodgement of documents s 110C — Documents to which this Division applies s 110D — Technology neutral sending of documents s 110E — Election to be sent documents in physical form or electronic form, or not to be sent documents s 110F — Failure to comply with member’s election to be sent document in particular form s 110G — Failure to comply with member’s election not to be sent documents s 110H — Effect of election not to be sent documents s 110J — Ad hoc requests to be sent documents in a particular form s 110JA — Sender does not need to send document if member uncontactable s 110K — Obligation to give notice of members’ rights s 111AA — Object of Part s 111AC — Meaning of disclosing entity s 111AD — Meaning of ED securities s 111AE — Securities of bodies or undertakings included in a licensed market’s official list s 111AF — Securities (except debentures and managed investment products) held by 100 or more persons s 111AFA — Managed investment products held by 100 or more persons s 111AFB — Foreign passport fund products held by 100 or more persons s 111AG — Securities issued as consideration for an acquisition under an off‑market takeover bid or Part 5.1 compromise or arrangement s 111AH — When a person holds securities for the purposes of sections 111AF, 111AFA, 111AFB and 111AG s 111AI — Debentures s 111AJ — Regulations may declare securities not to be ED securities s 111AK — ED securities of a disclosing entity s 111AL — Meaning of listed disclosing entity s 111AM — Meaning of quoted ED securities s 111AN — Division contains outline of significance of being a disclosing entity s 111ANA — Requirements relating to remuneration recommendations in relation to key management personnel s 111AO — Accounting requirements s 111AP — Continuous disclosure requirements s 111AQ — Prospectus relief s 111AQA — Product Disclosure Statement relief s 111AR — Meaning of disclosing entity provisions s 111AS — Exemptions by regulations s 111AT — Exemptions by ASIC s 111AU — Enforcing conditions of exemptions s 111AV — Modifications by regulations s 111AW — Exemptions and modifications have effect s 111AX — Effect of Division s 111J — Small business guide s 8 — Funding the company’s operations s 111K — Bodies corporate registered under the Australian Charities and Not‑for‑profits Commission Act 2012 s 111L — Provisions not applicable to the body corporate s 111M — Member approval s 111N — Notices s 111P — Annual general meetings s 111Q — Presumptions to be made in recovery proceedings s 112 — Types of companies s 113 — Proprietary companies s 114 — Minimum of 1 member s 115 — Restrictions on size of partnerships and associations s 116 — Trade unions cannot be registered s 117 — Applying for registration s 118 — ASIC gives company ACN, registers company and issues certificate s 119 — Company comes into existence on registration s 119A — Jurisdiction of incorporation and jurisdiction of registration s 120 — Members, directors and company secretary of a company s 121 — Registered office s 122 — Expenses incurred in promoting and setting up company s 123 — Company may have common seal s 124 — Legal capacity and powers of a company s 125 — Constitution may limit powers and set out objects s 126 — Agent exercising a company’s power to make contracts and execute documents (including deeds) s 127 — Execution of documents (including deeds) by the company itself s 128 — Entitlement to make assumptions s 129 — Assumptions that can be made under section 128 s 130 — Information available to the public from ASIC does not constitute constructive notice s 131 — Contracts before registration s 132 — Person may be released from liability but is not entitled to indemnity s 133 — This Part replaces other rights and liabilities s 134 — Internal management of companies s 135 — Replaceable rules s 136 — Constitution of a company s 137 — Date of effect of adoption, modification or repeal of constitution s 138 — ASIC may direct company to lodge consolidated constitution s 139 — Company must send copy of constitution to member s 140 — Effect of constitution and replaceable rules s 141 — Table of replaceable rules s 142 — Registered office s 143 — ASIC may change address of registered office to a director’s address s 144 — Company’s name must be displayed at registered office etc. s 145 — Opening hours of registered office of public company s 146 — Change of address of principal place of business s 146A — Contact address s 147 — When a name is available s 148 — A company’s name s 149 — Acceptable abbreviations s 150 — Exception to requirement for using “Limited” in name s 151 — Exception to requirement for using “Limited” in name—pre‑existing licences s 152 — Reserving a name s 153 — Using a name and ACN on documents s 154 — Exception to requirement to have ACN on receipts s 155 — Regulations may exempt from requirement to set out information on documents s 156 — Carrying on business using “Limited”, “No Liability” or “Proprietary” in name s 157 — Company changing its name s 157A — Change of name of company under external administration s 158 — ASIC’s power to direct company to change its name s 159 — ASIC’s power to include “Limited” in company’s name s 160 — ASIC must issue new certificate if company’s name changes s 161 — Effect of name change s 161A — Company under external administration—former name to be used on documents s 162 — Changing company type s 163 — Applying for change of type s 164 — ASIC changes type of company s 165 — ASIC may direct a proprietary company to change to a public company in certain circumstances s 166 — Effect of change of type s 167 — Issue of shares by company or holding company—company limited by guarantee changing to company limited by shares s 167AA — Application of Part to company limited both by shares and by guarantee s 167AB — Simplified outline of this Part s 167AC — Meaning of MCI mutual entity s 167AD — Meaning of MCI s 167AE — MCI requirements—class rights s 167AF — MCI requirements—other requirements s 167AG — MCIs must be cancelled before MCI mutual entity demutualises s 167AH — Purpose and application of this Division s 167AI — MCI amendment resolution s 167AJ — Procedure for MCI amendment resolution s 167A — Who is covered by this Chapter s 168 — Registers to be maintained s 169 — Register of members s 170 — Register of option holders and copies of options documents s 171 — Register of debenture holders s 172 — Location of registers s 173 — Right to inspect and get copies s 174 — Agent’s obligations s 175 — Correction of registers s 176 — Evidentiary value of registers s 177 — Use of information on registers s 178 — Overseas branch registers—companies s 178AA — Overseas branch registers—Australian passport funds s 178A — Notice of change to member register s 178B — Top 20 only s 178C — Notice of change to share structure s 178D — Time within which ASIC must be notified s 179 — Simplified outline of this Part s 180 — Care and diligence—civil obligation only s 181 — Good faith—civil obligations s 182 — Use of position—civil obligations s 183 — Use of information—civil obligations s 184 — Good faith, use of position and use of information—criminal offences s 185 — Interaction of sections 180 to 184 with other laws etc. s 186 — Territorial application of sections 180 to 184 s 187 — Directors of wholly‑owned subsidiaries s 188 — Responsibility of secretaries etc. for certain corporate contraventions s 189 — Reliance on information or advice provided by others s 190 — Responsibility for actions of delegate s 190A — Limited application of Division to registrable Australian bodies s 190B — Division does not apply to Aboriginal and Torres Strait Islander corporations s 190C — Division does not apply in relation to notified foreign passport funds or their operators s 191 — Material personal interest—director’s duty to disclose s 192 — Director may give other directors standing notice about an interest s 193 — Interaction of sections 191 and 192 with other laws etc. s 194 — Voting and completion of transactions—directors of proprietary companies (replaceable rule—see section 135) s 195 — Restrictions on voting—directors of public companies only s 196 — ASIC power to make declarations and class orders s 197 — Directors liable for debts and other obligations incurred by corporation as trustee s 198A — Powers of directors (replaceable rule—see section 135) s 198B — Negotiable instruments (replaceable rule—see section 135) s 198C — Managing director (replaceable rule—see section 135) s 198D — Delegation s 198E — Single director/shareholder proprietary companies s 198F — Right of access to company books s 198G — Exercise of powers while company under external administration s 199A — Indemnification and exemption of officer or auditor s 199B — Insurance premiums for certain liabilities of director, secretary, other officer or auditor s 199C — Certain indemnities, exemptions, payments and agreements not authorised and certain documents void s 200 — Interpreting this Division s 200AA — Meaning of managerial or executive office s 200AB — Meaning of benefit s 200A — When benefit given in connection with retirement from an office or position s 200B — Retirement benefits generally need membership approval s 200C — Benefits on transfer of undertaking or property need membership approval s 200D — Contravention to receive benefit without member approval s 200E — Approval by members s 200F — Exempt benefits and benefits given in certain circumstances s 200G — Genuine payments of pension and lump sum s 200H — Benefits required by law s 200J — Benefits to be held on trust and repaid s 201A — Minimum number of directors s 201B — Who can be a director s 201D — Consent to act as director s 201E — Special rules for the appointment of public company directors s 201F — Special rules for the appointment of directors for single director/single shareholder proprietary companies s 201G — Company may appoint a director (replaceable rule—see section 135) s 201H — Directors may appoint other directors (replaceable rule—see section 135) s 201J — Appointment of managing directors (replaceable rule—see section 135) s 201K — Alternate directors (replaceable rule—see section 135) s 201L — Signpost—ASIC to be notified of appointment s 201M — Effectiveness of acts by directors s 201N — Application of Subdivision s 201P — Directors must not set board limit unless proposed limit has been approved by general meeting s 201Q — Requirements for explanatory statement to members s 201R — Records of voting on board limit resolution if poll required s 201S — Notice of resolution to be lodged s 201T — Declaration by court of substantial compliance s 201U — Consequences of setting board limit in breach of section 201P s 202A — Remuneration of directors (replaceable rule—see section 135) s 202B — Members may obtain information about directors’ remuneration s 202C — Special rule for single director/single shareholder proprietary companies s 203A — Director may resign by giving written notice to company (replaceable rule—see section 135) s 203AA — Resignation of directors—when resignation takes effect s 203AB — Resignation of directors—resignation has no effect if company has no other directors s 203B — Signpost to consequences of disqualification from managing corporations s 203C — Removal by members—proprietary companies (replaceable rule—see section 135) s 203CA — Resolution to remove directors—resolution is void if proprietary company has no other directors s 203D — Removal by members—public companies s 203E — Director cannot be removed by other directors—public companies s 203F — Termination of appointment of managing director (replaceable rule—see section 135) s 204A — Minimum number of secretaries s 204B — Who can be a secretary s 204C — Consent to act as secretary s 204D — How a secretary is appointed s 204E — Effectiveness of acts by secretaries s 204F — Terms and conditions of office for secretaries (replaceable rule—see section 135) s 204G — Signpost to consequences of disqualification from managing corporations s 205A — Director, secretary or alternate director may notify ASIC of resignation or retirement s 205B — Notice of name and address of directors and secretaries to ASIC s 205C — Director and secretary must give information to company s 205D — Address for officers s 205E — ASIC’s power to ask for information about person’s position as director or secretary s 205F — Director must give information to company s 205G — Listed company—director to notify market operator of shareholdings etc. s 206A — Disqualified person not to manage corporations s 206B — Automatic disqualification—convictions, bankruptcy and foreign court orders etc. s 206BA — Extension of period of automatic disqualification under section 206B s 206C — Court power of disqualification—contravention of civil penalty provision s 206D — Court power of disqualification—insolvency and non‑payment of debts s 206E — Court power of disqualification—repeated contraventions of Act s 206EAA — Court power of disqualification—disqualification under a law of a foreign jurisdiction s 206EAB — Court power of disqualification—unrecovered payments under employee entitlements scheme s 206EA — Disqualification under the Competition and Consumer Act 2010 etc. s 206EB — Disqualification under the ASIC Act s 206F — ASIC’s power of disqualification s 206GAA — ASIC’s power of disqualification—unrecovered payments under employee entitlements scheme s 206GAB — ASIC power to grant leave s 206G — Court power to grant leave s 206GA — Involvement of ACCC—leave orders under section 206G s 206H — Limited application of Part to foreign companies s 206HAA — Limited application of Part to notified foreign passport funds and their operators s 206HA — Limited application of Part to registrable Australian bodies s 206HB — Part does not apply to Aboriginal and Torres Strait Islander corporations s 206J — No hedging of remuneration of key management personnel s 206K — Board to approve remuneration consultants s 206L — Remuneration recommendation by remuneration consultants s 206M — Declaration by remuneration consultant s 207 — Purpose s 208 — Need for member approval for financial benefit s 209 — Consequences of breach s 210 — Arm’s length terms s 211 — Remuneration and reimbursement for officer or employee s 212 — Indemnities, exemptions, insurance premiums and payment for legal costs for officers s 213 — Small amounts given to related entity s 214 — Benefit to or by closely‑held subsidiary s 215 — Benefits to members that do not discriminate unfairly s 216 — Court order s 217 — Resolution may specify matters by class or kind s 218 — Company must lodge material that will be put to members with ASIC s 219 — Requirements for explanatory statement to members s 220 — ASIC may comment on proposed resolution s 221 — Requirements for notice of meeting s 222 — Other material put to members s 223 — Proposed resolution cannot be varied s 224 — Voting by or on behalf of related party interested in proposed resolution s 225 — Voting on the resolution s 226 — Notice of resolution to be lodged s 227 — Declaration by court of substantial compliance s 228 — Related parties s 229 — Giving a financial benefit s 230 — General duties still apply s 231 — Membership of a company s 232 — Grounds for Court order s 233 — Orders the Court can make s 234 — Who can apply for order s 235 — Requirement for person to lodge order s 236 — Bringing, or intervening in, proceedings on behalf of a company s 237 — Applying for and granting leave s 238 — Substitution of another person for the person granted leave s 239 — Effect of ratification by members s 240 — Leave to discontinue, compromise or settle proceedings brought, or intervened in, with leave s 241 — General powers of the Court s 242 — Power of the Court to make costs orders s 246B — Varying and cancelling class rights s 246C — Certain actions taken to vary rights etc. s 246D — Variation, cancellation or modification without unanimous support of class s 246E — Variation, cancellation or modification with unanimous support of class s 246F — Company must lodge documents and resolutions with ASIC s 246G — Member’s copies of documents and resolutions s 246H — Application of this Part to MCI mutual entities that are companies limited by guarantee s 247A — Order for inspection of books of company or registered scheme s 247B — Ancillary orders s 247C — Disclosure of information acquired in inspection s 247D — Company or directors may allow member to inspect books (replaceable rule see section 135) s 247E — Shareholding does not prevent compensation claim s 248A — Circulating resolutions of companies with more than 1 director (replaceable rule see section 135) s 248B — Resolutions and declarations of 1 director proprietary companies s 248C — Calling directors’ meetings (replaceable rule see section 135) s 248D — Use of technology s 248E — Chairing directors’ meetings (replaceable rule see section 135) s 248F — Quorum at directors’ meetings (replaceable rule see section 135) s 248G — Passing of directors’ resolutions (replaceable rule see section 135) s 249A — Circulating resolutions of proprietary companies with more than 1 member s 249B — Resolutions of 1 member companies s 249C — Calling of meetings of members by a director (replaceable rule—see section 135) s 249CA — Calling of meetings of members of a listed company by a director s 249D — Calling of general meeting by directors when requested by members s 249E — Failure of directors to call general meeting s 249F — Calling of general meetings by members s 249G — Calling of meetings of members by the Court s 249H — Amount of notice of meetings s 249HA — Amount of notice of meetings of listed company s 249J — Notice of meetings of members to members and directors s 249K — Auditor entitled to notice and other communications s 249L — Contents of notice of meetings of members s 249LA — Notice of meeting not required to contain certain information s 249M — Notice of adjourned meetings (replaceable rule—see section 135) s 249N — Members’ resolutions s 249O — Company giving notice of members’ resolutions s 249P — Members’ statements to be distributed s 249Q — Purpose s 249R — How meetings of members may be held s 249RA — Place and time of meetings and presence at meetings s 249S — Reasonable opportunity to participate s 249T — Quorum (replaceable rule—see section 135) s 249U — Chairing meetings of members (replaceable rule—see section 135) s 249V — Auditor’s right to be heard at general meetings s 249W — Adjourned meetings s 249X — Who can appoint a proxy (replaceable rule for proprietary companies and mandatory rule for public companies—see section 135) s 249Y — Rights of proxies s 249Z — Company sending appointment forms or lists of proxies must send to all members s 250A — Appointing a proxy s 250B — Proxy documents s 250BA — Proxy documents—listed companies s 250BB — Proxy vote if appointment specifies way to vote s 250BC — Transfer of non‑chair proxy to chair in certain circumstances s 250BD — Proxy voting by key management personnel or closely related parties s 250C — Validity of proxy vote s 250D — Body corporate representative s 250E — How many votes a member has (replaceable rule—see section 135) s 250F — Jointly held shares (replaceable rule—see section 135) s 250G — Objections to right to vote (replaceable rule—see section 135) s 250H — Votes need not all be cast in the same way s 250J — How voting is carried out (replaceable rule—see section 135) s 250JA — Certain resolutions must be decided on a poll—listed companies s 250K — Matters on which a poll may be demanded s 250L — When a poll is effectively demanded s 250M — When and how polls must be taken (replaceable rule—see section 135) s 250MA — Requirements for a special resolution s 250N — Public company must hold AGM s 250P — Extension of time for holding AGM s 250PAA — Exemptions by ASIC—class orders relating to externally‑administered companies s 250PAB — Exemptions by ASIC—individual externally‑administered companies s 250PA — Written questions to auditor submitted by members of listed company before AGM s 250R — Business of AGM s 250RA — Auditor required to attend listed company’s AGM s 250S — Questions and comments by members on company management at AGM s 250SA — Listed company—remuneration report s 250T — Questions by members of auditors at AGM s 250U — Application s 250V — Resolution to hold fresh elections for directors at special meeting to be put to vote at AGM s 250W — Consequences of spill resolution being passed s 250X — Ensuring there are at least 3 directors after spill meeting s 250Y — Term of office of director reappointed at spill meeting s 251A — Minutes s 251AA — Disclosure of proxy votes—listed companies s 251B — Members’ access to minutes s 252A — Calling of meetings of members by responsible entity s 252B — Calling of meetings of members by responsible entity when requested by members s 252C — Failure of responsible entity to call meeting of the scheme’s members s 252D — Calling of meetings of members by members s 252E — Calling of meetings of members by the Court s 252F — Amount of notice of meetings s 252G — Notice of meetings of members to members, directors and auditors s 252H — Auditors entitled to other communications s 252J — Contents of notice of meetings of members s 252K — Notice of adjourned meetings s 252L — Members’ resolutions s 252M — Responsible entity giving notice of members’ resolutions s 252N — Members’ statements to be distributed s 252P — How meetings of members may be held s 252PA — Place and time of meetings and presence at meetings s 252Q — Reasonable opportunity to participate s 252R — Quorum s 252S — Chairing meetings of members s 252T — Auditors’ right to be heard at meetings of members s 252U — Adjourned meetings s 252V — Who can appoint a proxy s 252W — Rights of proxies s 252X — Responsible entity sending appointment forms or lists of proxies must send to all members s 252Y — Appointing a proxy s 252Z — Proxy documents s 253A — Validity of proxy vote s 253B — Body corporate representative s 253C — How many votes a member has s 253D — Jointly held interests s 253E — Responsible entity and associates cannot vote if interested in resolution s 253F — How to work out the value of an interest s 253G — Objections to a right to vote s 253H — Votes need not all be cast in the same way s 253J — How voting is carried out s 253K — Matters on which a poll may be demanded s 253L — When a poll is effectively demanded s 253LA — Requirements for a special resolution or an extraordinary resolution s 253M — Minutes s 253N — Members’ access to minutes s 253S — Electronic recording and keeping of minute books s 253T — Exceptional circumstances—AGM s 253TA — Exceptional circumstances—virtual meetings s 253U — Application of Part s 253UA — Independent persons s 253UB — Company members’ rights to request observer and report on conduct of poll s 253UC — Company members’ rights to request scrutiny and report on outcome of poll s 253UD — Registered scheme members’ rights to request observer and report on conduct of poll s 253UE — Registered scheme members’ rights to request scrutiny and report on outcome of poll s 253UF — Right of independent person to information s 253UG — Record‑keeping for reports on polls s 254A — Power to issue bonus, partly‑paid, preference and redeemable preference shares s 254B — Terms of issue s 254C — No par value shares s 254D — Pre‑emption for existing shareholders on issue of shares in proprietary company (replaceable rule—see section 135) s 254E — Court validation of issue s 254F — Bearer shares and stock must not be issued s 254G — Conversion of shares s 254H — Resolution to convert shares into larger or smaller number s 254J — Redemption must be in accordance with terms of issue s 254K — Other requirements about redemption s 254L — Consequences of contravening section 254J or 254K s 254M — Liability on partly‑paid shares s 254N — Calls may be limited to when company is externally‑administered s 254P — No liability companies—calls on shares s 254Q — No liability companies—forfeiture and sale of shares for failure to meet call s 254R — No liability companies—redemption of forfeited shares s 254S — Capitalisation of profits s 254SA — Companies limited by guarantee not to pay dividends s 254T — Circumstances in which a dividend may be paid s 254U — Other provisions about paying dividends (replaceable rule—see section 135) s 254V — When does the company incur a debt? s 254W — Dividend rights s 254WA — Application of this Part to MCI mutual entities s 254X — Notice to ASIC of share issue s 254Y — Notice to ASIC of share cancellation s 256A — Purpose s 256B — Company may make reduction not otherwise authorised s 256C — Shareholder approval s 256D — Consequences of failing to comply with section 256B s 256E — Signposts to other relevant provisions s 257A — The company’s power to buy back its own shares s 257B — Buy‑back procedure—general s 257C — Buy‑back procedure—shareholder approval if the 10/12 limit exceeded s 257D — Buy‑back procedure—special shareholder approval for selective buy‑back s 257E — Buy‑back procedure—lodgment of offer documents with ASIC s 257F — Notice of intended buy‑back s 257G — Buy‑back procedure—disclosure of relevant information when offer made s 257H — Acceptance of offer and transfer of shares to the company s 257J — Signposts to other relevant provisions s 258A — Unlimited companies s 258B — Right to occupy or use real property s 258C — Brokerage or commission s 258D — Cancellation of forfeited shares s 258E — Other share cancellations s 258F — Reductions because of lost capital s 258G — Application of this Part to MCI mutual entities s 259A — Directly acquiring own shares s 259B — Taking security over own shares or shares in holding company s 259C — Issuing or transferring shares to controlled entity s 259D — Company controlling entity that holds shares in it s 259E — When a company controls an entity s 259F — Consequences of failing to comply with section 259A or 259B s 260A — Financial assistance by a company for acquiring shares in the company or a holding company s 260B — Shareholder approval s 260C — Exempted financial assistance s 260D — Consequences of failing to comply with section 260A s 260DA — Application of this Part to MCI mutual entities s 260E — General duties still apply s 283AA — Requirement for trust deed and trustee s 283AB — Trust deed s 283AC — Who can be a trustee s 283AD — Existing trustee continues to act until new trustee takes office s 283AE — Replacement of trustee s 283BA — Duties of borrower s 283BB — General duties s 283BC — Duty to notify ASIC of information related to trustee s 283BCA — Register relating to trustees for debenture holders s 283BD — Duty to replace trustee s 283BE — Duty to inform trustee about security interests s 283BF — Duty to give trustee and ASIC quarterly reports s 283BG — Exceptions to borrower’s duty to report to trustee and ASIC s 283BH — How debentures may be described s 283BHA — Additional requirements for describing debentures as secured notes s 283BI — Offences for failure to comply with statutory duties s 283CA — Duties of guarantor s 283CB — General duties s 283CC — Duty to inform trustee about security interests s 283CD — Exceptions to guarantor’s duty to inform trustee s 283CE — Offences for failure to comply with statutory duties s 283DA — Trustee’s duties s 283DB — Exemptions and indemnifications of trustee from liability s 283DC — Indemnity s 283EA — Borrower’s duty to call meeting s 283EB — Trustee’s power to call meeting s 283EC — Court may order meeting s 283F — Civil liability for contravening this Chapter s 283GA — ASIC’s power to exempt and modify s 283GB — ASIC may approve body corporate to be trustee s 283HA — General Court power to give directions and determine questions s 283HB — Specific Court powers s 283I — Signpost to other debenture provisions s 285 — Overview of obligations under this Chapter s 285A — Overview of obligations of companies limited by guarantee s 286 — Obligation to keep financial records s 286A — Obligation to keep sustainability records s 287 — Language requirements s 288 — Physical format s 289 — Place where financial records are kept s 289A — Place where sustainability records are kept s 290 — Director access s 291 — Signposts to other relevant provisions s 292 — Who has to prepare annual financial reports and directors’ reports s 292A — Who has to prepare annual sustainability reports s 293 — Small proprietary company—shareholder direction s 294 — Small proprietary company—ASIC direction s 294A — Small company limited by guarantee—member direction s 294B — Small company limited by guarantee—ASIC direction s 295 — Contents of annual financial report s 295A — Declaration in relation to listed entity’s financial statements by chief executive officer and chief financial officer s 296 — Compliance with accounting standards and regulations s 296A — Contents of annual sustainability report s 296B — Contents of climate statements—statement about there being no financial risks or opportunities relating to climate s 296C — Compliance with sustainability standards etc. s 296D — Climate statement disclosures s 296E — ASIC directions s 297 — True and fair view s 298 — Annual directors’ report s 299 — Annual directors’ report—general information s 299A — Annual directors’ report—additional general requirements for listed entities s 300 — Annual directors’ report—specific information s 300A — Annual directors’ report—specific information to be provided by listed companies s 300B — Annual directors’ report—companies limited by guarantee s 300C — Annual directors’ report—registrable superannuation entities s 301 — Audit of annual financial report s 301A — Audit of annual sustainability report s 302 — Disclosing entity must prepare half‑year financial report and directors’ report s 303 — Contents of half‑year financial report s 304 — Compliance with accounting standards and regulations s 305 — True and fair view s 306 — Half‑year directors’ report s 307 — Audit of financial report s 307A — Audit of financial report to be conducted in accordance with auditing standards s 307AA — Audit of sustainability report s 307AB — Audit of sustainability report to be conducted in accordance with auditing standards s 307B — Working papers for audit of financial or sustainability report to be retained for 7 years s 307C — Auditor’s independence declaration s 308 — Auditor’s report on annual financial report s 309 — Auditor’s report on half‑year financial report s 309A — Auditor’s report on sustainability report s 310 — Auditor’s power to obtain information s 311 — Reporting to ASIC s 312 — Assisting auditor s 313 — Special provisions on audit of debenture issuers and guarantors s 314 — Annual financial and sustainability reporting by companies, registered schemes and disclosing entities to members s 314AA — Annual financial reporting by registrable superannuation entities to members s 314A — Annual financial reporting by notified foreign passport funds to Australian members s 315 — Deadline for reporting to members s 316 — Choices for members of companies, registered schemes or disclosing entities s 316A — Annual financial and sustainability reporting to members of companies limited by guarantee s 316B — Annual sustainability reporting to the public by other entities s 317 — Consideration of reports at AGM s 318 — Additional reporting by debenture issuers s 319 — Lodgment of annual reports with ASIC s 320 — Lodgment of half‑year reports with ASIC s 321 — ASIC power to require lodgment s 322 — Relodgment if financial reports, sustainability reports or directors’ reports amended after lodgment s 323 — Directors and officers of controlled entity to give information s 323A — Auditor’s power to obtain information from controlled entity s 323B — Controlled entity to assist auditor s 323C — Application of Division to entity that has ceased to be controlled s 323D — Meaning of financial year and half‑year—company, registered scheme and disclosing entity s 323DAAA — Financial years for registrable superannuation entities s 323DAA — Meaning of financial year—notified foreign passport fund s 323DA — Listed companies to disclose information filed overseas s 323DB — Requirement to notify market operator about jobkeeper payments s 323DC — ASIC must publish report s 324AA — Individual auditors, audit firms and authorised audit companies s 324AB — Effect of appointing firm as auditor—general s 324AC — Effect of appointing firm as auditor—reconstitution of firm s 324AD — Effect of appointing company as auditor s 324AE — Meaning of professional member—audit team s 324AF — Meaning of lead auditor and review auditor s 324BA — Registration requirements for appointment of individual as auditor s 324BB — Registration requirements for appointment of firm as auditor s 324BC — Registration requirements for appointment of company as auditor s 324BD — Exception from registration requirement for proprietary company s 324BE — Exception from registration requirement—reviewing financial reports of companies limited by guarantee s 324BF — Eligibility requirements for auditors of registrable superannuation entities s 324CA — General requirement for auditor independence—auditors s 324CB — General requirement for auditor independence—member of audit firm s 324CC — General requirement for auditor independence—director of audit company s 324CD — Conflict of interest situation s 324CE — Auditor independence—specific requirements for individual auditor s 324CF — Auditor independence—specific requirements for audit firm s 324CG — Auditor independence—specific requirements for audit company s 324CH — Relevant relationships s 324CI — Special rule for retiring partners of audit firms and retiring directors of authorised audit companies s 324CJ — Special rule for retiring professional member of audit company s 324CK — Multiple former audit firm partners or audit company directors s 324CL — People who are regarded as officers of a company for the purposes of this Division s 324CLA — Extended meaning of officer of a registrable superannuation entity s 324CM — Deliberately disqualifying auditor s 324DA — Limited term for eligibility to play significant role in audit of a listed company, listed registered scheme or registrable superannuation entity s 324DAA — Directors may extend eligibility term s 324DAB — Requirements for directors to approve extension of eligibility term s 324DAC — Notifications about approval to extend eligibility term s 324DAD — Approval ineffective unless it complies with requirements s 324DB — Individual’s rotation obligation s 324DC — Audit firm’s rotation obligation s 324DD — Audit company’s rotation obligation s 325 — Appointment of auditor by proprietary company s 327A — Public company auditor (initial appointment of auditor) s 327B — Public company auditor (annual appointments at AGMs to fill vacancies) s 327C — Public company auditor (appointment to fill casual vacancy) s 327D — Appointment to replace auditor removed from office s 327E — ASIC may appoint a company auditor if auditor removed but not replaced s 327F — ASIC’s general power to appoint a company auditor s 327G — Restrictions on ASIC’s powers to appoint a company auditor s 327H — Effect on appointment of public company auditor of company beginning to be controlled by a corporation s 327I — Remaining auditors may act during vacancy s 328A — Auditor’s consent to appointment s 328B — Nomination of auditor s 328C — Public company auditor (appointment of auditor when crowd‑sourced funding concession ends) s 328D — Public company auditor (appointment of auditor when $3 million raised using crowd‑sourced funding) s 328E — Crowd‑sourced funding—period of office s 329 — Removal and resignation of auditors s 330 — Effect of winding up on office of auditor s 331 — Fees and expenses of auditors s 331AAA — Registered scheme auditor (initial appointment of auditor) s 331AAB — Registered scheme auditor (appointment to fill vacancy) s 331AAC — ASIC’s power to appoint registered scheme auditor s 331AAD — Remaining auditors may act during vacancy s 331AC — Removal and resignation of auditors s 331AD — Effect of winding up on office of auditor s 331AE — Fees and expenses of auditors s 331AF — Registrable superannuation entity auditor (initial appointment of auditor) s 331AG — Registrable superannuation entity auditor (appointment to fill vacancy) s 331AH — Registrable superannuation entity auditor (duration of appointment) s 331AJ — ASIC’s power to appoint auditor of a registrable superannuation entity s 331AK — Removal and resignation of auditors s 331AL — Fees and expenses of auditors s 332 — Meaning of transparency reporting auditor and transparency reporting year s 332A — Transparency reporting auditors must publish annual transparency reports s 332B — Content of annual transparency report s 332C — Extension of period for publication of annual transparency report s 332D — Exemption orders—applications by transparency reporting auditors s 332E — Exemption orders—class orders for transparency reporting auditors s 332F — Exemption orders—criteria for orders s 332G — Offences by members of audit firm s 334 — Accounting standards s 335 — Equity accounting s 336 — Auditing standards s 336A — Sustainability standards s 337 — Interpretation of accounting, auditing and sustainability standards s 338 — Evidence of text of accounting, auditing or sustainability standard s 340 — Exemption orders—companies, registered schemes, registrable superannuation entities and disclosing entities s 340A — Exemption orders—notified foreign passport funds s 341 — Exemption orders—class orders for companies, registered schemes, registrable superannuation entities and disclosing entities s 341A — Exemption orders—class orders for notified foreign passport funds s 342 — Exemption orders—criteria for orders for companies, registered schemes, registrable superannuation entities, notified foreign passport funds and disclosing entities s 342AA — Exemption orders—non‑auditor members and former members of audit firms; former employees of audit companies s 342AB — Exemption orders—class orders for non‑auditor members etc. s 342AC — Exemption orders—criteria for orders for non‑auditor members etc. s 342A — ASIC’s power to modify the operation of section 324DA s 342B — Auditor to notify company, registered scheme or registrable superannuation entity of section 342A declaration s 342C — Documents to be treated as sustainability reports for certain purposes s 343 — Modification by regulations s 343A — Minister may apply the Chapter to notified foreign passport funds s 344 — Contravention of Part 2M.2 or 2M.3, or of certain provisions of Part 2M.4 s 345AAA — Obligations of registrable superannuation entities s 345AAB — Notices etc. given to RSE licensees s 345A — Meaning of review date s 345B — Company, responsible entity or operator may change review date s 345C — When choice has effect s 346A — ASIC must give an extract of particulars each year s 346B — ASIC may ask questions s 346C — Requirements in relation to an extract of particulars s 347A — Directors must pass a solvency resolution after each review date s 347B — Notice to ASIC s 347C — Payment of review fee is taken to be a representation by the directors that the company is solvent s 348A — ASIC may give a return of particulars s 348B — ASIC may ask questions s 348C — ASIC may require a solvency resolution and statement s 348D — General requirements in relation to a return of particulars s 349A — Proprietary companies must notify ASIC of changes to ultimate holding company s 349B — Another company becomes an ultimate holding company s 349C — A company ceases to be an ultimate holding company s 349D — Ultimate holding company changes its name s 350 — Forms for documents to be lodged with ASIC s 351 — Signing documents lodged with ASIC s 352 — Documents lodged with ASIC electronically s 353 — Electronic lodgment of certain documents s 354 — Telephone notice of certain changes s 410 — Interpretation s 411 — Administration of compromises etc. s 412 — Information as to compromise with creditors s 413 — Provisions for facilitating reconstruction and amalgamation of Part 5.1 bodies s 414 — Acquisition of shares of shareholders dissenting from scheme or contract approved by majority s 415 — Notification of appointment of scheme manager and power of Court to require report s 415A — Outcome of voting at creditors’ meeting determined by related entity—Court powers s 415B — Interim order on application under section 415A s 415C — Order under section 415A does not affect act already done pursuant to resolution s 415D — Stay on enforcing rights merely because of a proceeding under this Part etc. s 415E — Lifting the stay s 415F — Order for rights to be enforceable only with leave of the Court s 415FA — Self‑executing provisions s 415G — When other laws prevail—certain other Commonwealth Acts s 416 — Meaning of property and receiver s 417 — Application of Part s 418 — Persons not to act as receivers s 418A — Court may declare whether controller is validly acting s 419 — Liability of controller s 419A — Liability of controller under pre‑existing agreement about property used by corporation s 420 — Powers of receiver s 420A — Controller’s duty of care in exercising power of sale s 420B — Court may authorise managing controller to dispose of property despite prior security interest s 420C — Receiver’s power to carry on corporation’s business during winding up s 421 — Managing controller’s duties in relation to bank accounts and financial records s 421A — Managing controller to report within 2 months about corporation’s affairs s 422 — Reports by receiver or managing controller s 422A — Annual return by controller s 422B — End of control return s 422C — Transfer of books to new controller s 422D — Transfer of books to ASIC etc. s 423 — Supervision of controller s 424 — Controller may apply to Court s 425 — Court’s power to fix receiver’s remuneration s 426 — Controller has qualified privilege in certain cases s 427 — Notification of matters relating to controller s 428 — Statement that receiver appointed or other controller acting s 429 — Reporting officers to report to controller about corporation’s affairs s 429A — Special rules for scheme property s 430 — Controller may require reports s 431 — Controller may inspect books s 432 — Auditing returns by controllers s 433 — Property subject to circulating security interest—payment of certain debts to have priority s 434 — Enforcing controller’s duty to make returns s 434A — Court may remove controller for misconduct s 434B — Court may remove redundant controller s 434C — Effect of sections 434A and 434B s 434D — Appointment of 2 or more receivers of property of a corporation s 434E — Appointment of 2 or more receivers and managers of property of a corporation s 434F — Appointment of 2 or more controllers of property of a corporation s 434G — Appointment of 2 or more managing controllers of property of a corporation s 434H — Regulations may provide for reporting to ASIC s 434J — Stay on enforcing rights merely because of the appointment of a managing controller of a corporation’s property etc. s 434K — Lifting the stay s 434L — Order for rights to be enforceable only with leave of the Court s 434LA — Self‑executing provisions s 434M — When other laws prevail—certain other Commonwealth Acts s 435A — Object of Part s 435B — Meaning of property and receiver s 435C — When administration begins and ends s 436A — Company may appoint administrator if board thinks it is or will become insolvent s 436B — Liquidator may appoint administrator s 436C — Secured party may appoint administrator s 436D — Company already under administration s 436DA — Declarations by administrator—indemnities and relevant relationships s 436E — Purpose and timing of first meeting of creditors s 437A — Role of administrator s 437B — Administrator acts as company’s agent s 437D — Only administrator can deal with company’s property s 437E — Order for compensation where officer involved in void transaction s 437F — Effect of administration on company’s members s 438A — Administrator to investigate affairs and consider possible courses of action s 438B — Directors to help administrator s 438C — Administrator’s rights to company’s books s 438D — Reports by administrator s 439A — Administrator to convene meeting and inform creditors s 439C — What creditors may decide s 440A — Winding up company s 440B — Restrictions on exercise of third party property rights s 440D — Stay of proceedings s 440E — Administrator not liable in damages for refusing consent s 440F — Suspension of enforcement process s 440G — Duties of court officer in relation to property of company s 440H — Lis pendens taken to exist s 440J — Administration not to trigger liability of director or relative under guarantee of company’s liability s 440JA — Property subject to a banker’s lien—exemption from this Division s 441 — Application of Division s 441AA — Application of Subdivision—PPSA security interests s 441A — Secured party acts before or during decision period s 441B — Where enforcement of security interest begins before administration s 441C — Security interest in perishable property s 441D — Court may limit powers of secured party etc. in relation to secured property s 441E — Giving a notice under a security agreement etc. s 441EA — Sale of property subject to a possessory security interest s 441EB — Scope of Subdivision s 441F — Where recovery of property begins before administration s 441G — Recovering perishable property s 441H — Court may limit powers of receiver etc. in relation to property used by company s 441J — Giving a notice under an agreement about property s 442A — Additional powers of administrator s 442B — Dealing with property subject to circulating security interests s 442C — When administrator may dispose of encumbered property s 442CA — Property subject to a possessory security interest—inspection or examination by potential purchasers etc. s 442CB — Property subject to a security interest or to a retention of title clause—administrator’s duty of care in exercising power of sale s 442CC — Proceeds of sale of property s 442D — Administrator’s powers subject to powers of secured party, receiver or controller s 442E — Administrator has qualified privilege s 442F — Protection of persons dealing with administrator s 443A — General debts s 443B — Payments for property used or occupied by, or in the possession of, the company s 443BA — Certain taxation liabilities s 443C — Administrator not otherwise liable for company’s debts s 443D — Right of indemnity s 443E — Right of indemnity has priority over other debts s 443F — Lien to secure indemnity s 444A — Effect of creditors’ resolution s 444B — Execution of deed s 444C — Creditor etc. not to act inconsistently with deed before its execution s 444D — Effect of deed on creditors s 444DA — Giving priority to eligible employee creditors s 444DB — Superannuation contribution debts not admissible to proof s 444E — Protection of company’s property from persons bound by deed s 444F — Court may limit rights of secured creditor or owner or lessor s 444G — Effect of deed on company, officers and members s 444GA — Transfer of shares s 444H — Extent of release of company’s debts s 444J — Guarantees and indemnities s 445A — Variation of deed by creditors s 445B — Court may cancel variation s 445C — When deed terminates s 445CA — When creditors may terminate deed s 445D — When Court may terminate deed s 445E — Creditors may terminate deed and resolve that company be wound up s 445FA — Notice of termination of deed s 445G — When Court may void or validate deed s 445H — Effect of termination or avoidance s 445HA — Notification of contravention of deed of company arrangement s 446A — Administrator becomes liquidator in certain cases s 446AA — Administrator becomes liquidator—additional cases s 446B — Regulations may provide for transition in other cases s 446C — Liquidator may require submission of a report about the company’s affairs s 447A — General power to make orders s 447B — Orders to protect creditors during administration s 447C — Court may declare whether administrator validly appointed s 447F — Effect of Division s 448A — Appointee must consent s 448B — Administrator must be registered liquidator s 448C — Disqualification of person connected with company s 449A — Appointment of administrator cannot be revoked s 449C — Vacancy in office of administrator of company s 449CA — Declarations by administrator—indemnities and relevant relationships s 450A — Appointment of administrator s 450B — Execution of deed of company arrangement s 450C — Failure to execute deed of company arrangement s 450D — Termination of deed of company arrangement s 450E — Notice in public documents etc. of company s 450F — Effect of contravention of this Division s 451A — Appointment of 2 or more administrators of company s 451B — Appointment of 2 or more administrators of deed of company arrangement s 451C — Effect of things done during administration of company s 451D — Time for doing act does not run while act prevented by this Part s 451E — Stay on enforcing rights merely because the company is under administration etc. s 451F — Lifting the stay s 451G — Order for rights to be enforceable only with leave of the Court s 451GA — Self‑executing provisions s 451H — When other laws prevail—certain other Commonwealth Acts s 452A — Object of this Part s 452B — Meaning of property s 453A — Meaning of restructuring s 453B — Appointing a restructuring practitioner s 453C — Eligibility criteria for restructuring s 453D — Declaration by restructuring practitioner—relevant relationships s 453E — Functions, duties and powers of the restructuring practitioner s 453F — Directors to help restructuring practitioner s 453G — Restructuring practitioner’s right to inspect books held by other persons s 453H — Restructuring practitioner acts as company’s agent s 453J — Restructuring practitioner may terminate restructuring s 453K — Control of company under restructuring s 453L — Conducting the business of the company during restructuring s 453M — Order for compensation where director involved in void transaction s 453N — Effect of things done during restructuring of company s 453P — Effect of restructuring on company’s members s 453Q — Winding up company s 453R — Restrictions on exercise of third party property rights s 453S — Stay of proceedings s 453T — Suspension of enforcement process s 453U — Duties of court officer in relation to property of company s 453V — Lis pendens taken to exist s 453W — Restructuring not to trigger liability of director or relative under guarantee of company’s liability s 453X — Property subject to a banker’s lien—exemption from this Subdivision s 454A — Application of Subdivision s 454B — Application of sections 454C to 454H—PPSA security interests s 454C — Secured party acts before or during decision period s 454D — Where enforcement of security interest begins before restructuring s 454E — Security interest in perishable property s 454F — Court may limit powers of secured party etc. in relation to secured property s 454G — Giving a notice under a security agreement etc. s 454H — Sale of property subject to a possessory security interest s 454J — Scope of sections 454K to 454M s 454K — Where recovery of property begins before restructuring s 454L — Recovering perishable property s 454M — Court may limit powers of receiver etc. in relation to property used by company s 454N — Stay on enforcing rights merely because the company is under restructuring etc. s 454P — Lifting the stay on enforcing rights s 454Q — Order for rights to be enforceable only with leave of the Court s 454R — Self‑executing provisions s 454S — When other laws prevail—certain other Commonwealth Acts s 455A — Proposing a restructuring plan s 455B — Restructuring plan s 456A — Appointee must consent s 456B — Restructuring practitioner must be registered liquidator s 456C — Disqualification of person connected with company s 456D — Appointment of restructuring practitioner cannot be revoked s 456E — Vacancy in office of restructuring practitioner for company s 456F — Declarations by replacement restructuring practitioner—relevant relationships s 456G — Rights, obligations and liabilities of a company and its officers in relation to the restructuring practitioner s 456H — No liability for consent etc. s 456J — Right of indemnity s 456K — Right of indemnity has priority over other debts s 456L — Lien to secure indemnity s 456LA — Restructuring practitioner has qualified privilege s 456LB — Protection of persons dealing with restructuring practitioner s 456M — Appointment of 2 or more restructuring practitioners of company s 456N — Appointment of 2 or more restructuring practitioners of restructuring plan s 457A — Regulations may deal with information etc. s 457B — Notice in public documents of company s 457C — Effect of contravention of this Division s 458A — General power to make orders s 458B — Other powers of the Court s 458C — Time for doing act does not run while act prevented by this Part s 458D — Meaning of restructuring relief period s 458E — Meaning of eligible for temporary restructuring relief s 458F — Directors declare company not eligible for temporary restructuring relief s 458G — Court order that company not eligible for temporary restructuring relief s 458H — Obligation on registered liquidator to report s 459A — Order that insolvent company be wound up in insolvency s 459B — Order made on application under section 234, 462 or 464 s 459C — Presumptions to be made in certain proceedings s 459D — Contingent or prospective liability relevant to whether company solvent s 459E — Creditor may serve statutory demand on company s 459F — When company taken to fail to comply with statutory demand s 459G — Company may apply s 459H — Determination of application where there is a dispute or offsetting claim s 459J — Setting aside demand on other grounds s 459K — Effect of order setting aside demand s 459L — Dismissal of application s 459M — Order subject to conditions s 459N — Costs where company successful s 459P — Who may apply for order under section 459A s 459Q — Application relying on failure to comply with statutory demand s 459R — Period within which application must be determined s 459S — Company may not oppose application on certain grounds s 459T — Application to wind up joint debtors in insolvency s 461 — General grounds on which company may be wound up by Court s 462 — Standing to apply for winding up s 464 — Application for winding up in connection with investigation under ASIC Act s 465 — Meaning of property s 465A — Notice of application s 465B — Substitution of applicants s 465C — Applicant to be given notice of grounds for opposing application s 466 — Payment of preliminary costs etc. s 467 — Court’s powers on hearing application s 467A — Effect of defect or irregularity on application under Part 5.4 or 5.4A s 467B — Court may order winding up of company that is being wound up voluntarily s 468 — Avoidance of dispositions of property, attachments etc. s 468A — Effect of winding up on company’s members s 469 — Application to be lis pendens s 470 — Certain notices to be lodged s 471 — Effect on creditors and contributories s 471B — Stay of proceedings and suspension of enforcement process s 471C — Secured creditor’s rights not affected s 472 — Court to appoint registered liquidator s 473 — Resignation of liquidators s 473A — Vacancies in office of court‑appointed liquidator s 474 — Custody and vesting of company’s property s 475 — Report as to company’s affairs to be submitted to liquidator s 477 — Powers of liquidator s 478 — Application of property; list of contributories s 480 — Release of liquidator and deregistration of company s 481 — Orders for release or deregistration s 482 — Power to stay or terminate winding up s 483 — Delivery of property to liquidator s 484 — Appointment of special manager s 485 — Claims of creditors and distribution of property s 486 — Inspection of books by creditors and contributories s 486A — Court may make order to prevent officer or related entity from avoiding liability to company s 486B — Warrant to arrest person who is absconding, or who has dealt with property or books, in order to avoid obligations in connection with winding up s 487 — Power to arrest absconding contributory s 488 — Delegation to liquidator of certain powers of Court s 489 — Powers of Court cumulative s 489A — Arrest of person subject to warrant s 489B — Procedure after arrest s 489C — Procedure on remand on bail s 489D — Court’s power to make orders under other provisions s 489E — Jurisdiction under this Subdivision s 489EA — ASIC may order the winding up of a company s 489EB — Deemed resolution that company be wound up voluntarily s 489EC — Appointment of liquidator s 489F — Meaning of property s 490 — When company cannot wind up voluntarily s 491 — Circumstances in which company may be wound up voluntarily s 493 — Effect of voluntary winding up s 493A — Effect of voluntary winding up on company’s members s 494 — Declaration of solvency s 495 — Appointment of liquidator etc. s 496 — Duty of liquidator where company turns out to be insolvent s 497 — Information about the company’s affairs s 498 — Declaration that company eligible for the simplified liquidation process s 499 — Liquidators s 500 — Execution and civil proceedings s 500AAA — Meaning of triggering event s 500A — Liquidator may adopt the simplified liquidation process s 500AA — Eligibility criteria for the simplified liquidation process s 500AB — Creditors may request liquidator not to follow the simplified liquidation process s 500AC — Liquidator must cease to follow the simplified liquidation process s 500AD — Working out whether the 25% in value of creditors test met s 500AE — Simplified liquidation process s 501 — Distribution of property of company s 506 — Powers and duties of liquidator s 506A — Declarations by liquidator—relevant relationships and indemnities s 507 — Power of liquidator to accept shares etc. as consideration for sale of property of company s 510 — Arrangement: when binding on creditors s 513 — Application of Part s 513AA — Meaning of property s 513A — Winding up ordered by the Court s 513B — Voluntary winding up s 513C — Section 513C day in relation to an administration under Part 5.3A s 513CA — Meaning of section 513CA day s 513D — Validity of proceedings in earlier winding up s 514 — Where Division applies s 515 — General liability of contributory s 516 — Company limited by shares s 517 — Company limited by guarantee s 518 — Company limited both by shares and by guarantee s 519 — Exceptions for former unlimited company s 520 — Past member: later debts s 521 — Person ceasing to be a member a year or more before winding up s 522 — Present members to contribute first s 523 — Past member of former unlimited company s 524 — Past member of former limited company s 526 — Liability on certain contracts s 527 — Nature of contributory’s liability s 528 — Death of contributory s 529 — Bankruptcy of contributory s 530 — Appointment of 2 or more liquidators of a company s 530AA — Appointment of 2 or more provisional liquidators of a company s 530A — Officers to help liquidator s 530B — Liquidator’s rights to company’s books s 530C — Warrant to search for, and seize, company’s property or books s 532 — Disqualification of liquidator s 533 — Reports by liquidator s 534 — Prosecution by liquidator of delinquent officers and members s 535 — When liquidator has qualified privilege s 537 — Notice of appointment and address of liquidator s 541 — Notification that company is in liquidation s 543 — Investment of surplus funds on general account s 544 — Unclaimed money to be paid to ASIC s 545 — Expenses of winding up where property insufficient s 550 — Deregistration s 553 — Debts or claims that are provable in winding up s 553A — Member cannot prove debt unless contributions paid s 553AA — Selling shareholder cannot prove debt unless documents given s 553AB — Superannuation contribution debts not admissible to proof s 553B — Insolvent companies—penalties and fines not generally provable s 553C — Insolvent companies—mutual credit and set‑off s 553D — Debts or claims may be proved formally or informally s 553E — Application of Bankruptcy Act to winding up of insolvent company s 554 — General rule—compute amount as at relevant date s 554A — Determination of value of debts and claims of uncertain value s 554B — Discounting of debts payable after relevant date s 554C — Conversion into Australian currency of foreign currency debts or claims s 554D — Application of Subdivision s 554E — Proof of debt by secured creditor s 554F — Redemption of security interest by liquidator s 554G — Amendment of valuation s 554H — Repayment of excess s 554J — Subsequent realisation of security interest s 555 — Debts and claims proved to rank equally except as otherwise provided s 556 — Priority payments s 558 — Debts due to employees s 559 — Debts of a class to rank equally s 560 — Advances for company to make priority payments in relation to employees s 561 — Priority of employees’ claims over circulating security interests s 562 — Application of proceeds of contracts of insurance s 562A — Application of proceeds of contracts of reinsurance s 563 — Provisions relating to injury compensation s 563AA — Seller under a buy‑back agreement s 563A — Postponing subordinate claims s 563AAA — Redemption of debentures s 563B — Interest on debts and claims from relevant date to date of payment s 563C — Debt subordination s 564 — Power of Court to make orders in favour of certain creditors s 565 — Undue preference s 566 — Effect of floating charge s 567 — Liquidator’s right to recover in respect of certain transactions s 568 — Disclaimer by liquidator; application to Court by party to contract s 568A — Liquidator must give notice of disclaimer s 568B — Application to set aside disclaimer before it takes effect s 568C — When disclaimer takes effect s 568D — Effect of disclaimer s 568E — Application to set aside disclaimer after it has taken effect s 568F — Court may dispose of disclaimed property s 569 — Executions, attachments etc. before winding up s 570 — Duties of sheriff after receiving notice of application s 571 — Pooling determination s 572 — Variation of pooling determination s 573 — Lodgment of copy of pooling determination etc. s 577 — Eligible unsecured creditors may decide to approve the determination or variation s 578 — When pooling determination comes into force etc. s 579 — Duties of liquidator s 579A — Court may vary or terminate pooling determination s 579B — Court may cancel or confirm variation s 579C — When Court may void or validate pooling determination s 579D — Effect of termination or avoidance s 579E — Pooling orders s 579F — Variation of pooling orders s 579G — Court may make ancillary orders etc. s 579H — Variation of ancillary orders etc. s 579J — Notice of application for pooling order etc. s 579K — Notice of pooling order etc. s 579L — Consolidated meetings of creditors s 579M — When debts or claims are provable in winding up s 579N — Group of companies s 579P — Secured debt may become unsecured s 579Q — Eligible unsecured creditor s 581 — Courts to act in aid of each other s 582 — Application of Part s 583 — Winding up Part 5.7 bodies s 585 — Insolvency of Part 5.7 body s 586 — Contributories in winding up of Part 5.7 body s 587 — Power of Court to stay or restrain proceedings s 588 — Outstanding property of defunct registrable body s 588C — Meaning of property s 588D — Secured debt may become unsecured s 588E — Presumptions to be made in recovery proceedings s 588F — Certain taxation liabilities taken to be debts s 588FA — Meaning of unfair preference s 588FB — Meaning of uncommercial transaction s 588FC — Meaning of insolvent transaction s 588FD — Meaning of unfair loan s 588FDA — Meaning of unreasonable director‑related transaction s 588FDB — Meaning of creditor‑defeating disposition s 588FE — Voidable transactions s 588FF — Courts may make orders about voidable transactions s 588FG — Transaction not voidable as against certain persons s 588FGAA — ASIC may order undoing of effect of creditor‑defeating dispositions by company being wound up s 588FGAB — Content and copies of orders s 588FGAC — Compliance with orders generally s 588FGAD — Compliance with orders for payment s 588FGAE — Court may set aside order by ASIC s 588FGA — Directors to indemnify Commissioner of Taxation if certain payments set aside s 588FGB — Defences in proceedings under section 588FGA s 588FH — Liquidator may recover from related entity benefit resulting from insolvent transaction s 588FI — Creditor who gives up benefit of unfair preference may prove for preferred debt s 588FJ — Circulating security interest created within 6 months before relation‑back day s 588FK — Interpretation and application s 588FL — Vesting of PPSA security interests if collateral not registered within time s 588FM — Extension of time for registration s 588FN — PPSA security interests unaffected by section 588FL s 588FO — Certain lessors, bailors and consignors entitled to damages s 588FP — Security interests in favour of an officer of a company etc. void s 588G — Director’s duty to prevent insolvent trading by company s 588GAA — Object of this Subdivision s 588GAB — Officer’s duty to prevent creditor‑defeating disposition s 588GAC — Procuring creditor‑defeating disposition s 588GA — Safe harbour—taking course of action reasonably likely to lead to a better outcome for the company s 588GAAA — Safe harbour—temporary relief in response to the coronavirus s 588GAAB — Safe harbour—companies under restructuring s 588GAAC — Safe harbour—temporary relief for companies looking for a restructuring practitioner s 588GB — Information or books not admissible to support the safe harbour if failure to permit inspection etc. s 588H — Defences about reasonable grounds, illness or reasonable steps s 588HA — Review relating to safe harbour s 588J — On application for civil penalty order, Court may order compensation s 588K — Criminal court may order compensation s 588L — Enforcement of order under section 588J or 588K s 588M — Recovery of compensation for loss resulting from insolvent trading s 588N — Avoiding double recovery s 588P — Effect of sections 588J, 588K and 588M s 588Q — Certificates evidencing contravention s 588R — Creditor may sue for compensation with liquidator’s consent s 588S — Creditor may give liquidator notice of intention to sue for compensation s 588T — When creditor may sue for compensation without liquidator’s consent s 588U — Events preventing creditor from suing s 588V — When holding company liable s 588W — Recovery of compensation for loss resulting from insolvent trading s 588WA — Safe harbour—taking reasonable steps to ensure company’s directors have the benefit of the directors’ safe harbour s 588X — Defences about reasonable grounds, illness or reasonable steps s 588Y — Application of amount paid as compensation s 588Z — Court may make order imposing liability s 588ZA — Employee entitlements contribution orders s 588ZB — Who may apply for an employee entitlements contribution order s 589 — Interpretation and application s 590 — Offences by officers of certain companies s 592 — Incurring of certain debts; fraudulent conduct s 593 — Powers of Court s 594 — Certain rights not affected s 595 — Inducement to be appointed liquidator etc. of company s 596 — Frauds by officers s 596AA — Objects and coverage of this Part s 596AB — Relevant agreements or transactions that avoid employee entitlements—offences s 596AC — Relevant agreements or transactions that avoid employee entitlements—civil contraventions s 596ACA — Person who contravenes section 596AC liable to compensate for loss s 596AD — Avoiding double recovery s 596AE — Effect of section 596ACA s 596AF — Proceedings for compensation s 596AG — Events preventing proceedings s 596AH — Joining parties to proceedings s 596A — Mandatory examination s 596B — Discretionary examination s 596C — Affidavit in support of application under section 596B s 596D — Content of summons s 596E — Notice of examination s 596F — Court may give directions about examination s 597 — Conduct of examination s 597A — When Court is to require affidavit about corporation’s examinable affairs s 597B — Costs of unnecessary examination or affidavit s 598 — Order against person concerned with corporation s 599 — Appeals from decisions of receivers etc. s 600AA — Duty of receiver, administrator or liquidator—parental leave pay s 600F — Limitation on right of suppliers of essential services to insist on payment as condition of supply s 600H — Rights if claim against the company postponed s 600J — Acts of external administrator valid etc. s 600K — Insolvency Practice Schedule (Corporations) s 601 — Meaning of property s 601AA — Deregistration—voluntary s 601AB — Deregistration—ASIC initiated s 601AC — Deregistration—following amalgamation or winding up s 601AD — Effect of deregistration s 601AE — What the Commonwealth or ASIC does with the property s 601AF — The Commonwealth’s and ASIC’s power to fulfil outstanding obligations of deregistered company s 601AG — Claims against insurers of deregistered company s 601AH — Reinstatement s 601AI — Transferring registration s 601AJ — Applying to transfer registration s 601AK — ASIC makes transfer of registration declaration s 601AL — ASIC to deregister company s 601BA — Bodies corporate may be registered as certain types of companies s 601BB — Bodies registered as proprietary companies s 601BC — Applying for registration under this Part s 601BD — ASIC gives body ACN, registers as company and issues certificate s 601BE — Registered office s 601BF — Name s 601BG — Constitution s 601BH — Modifications of constitution s 601BJ — ASIC may direct company to apply for Court approval for modifications of constitution s 601BK — Establishing registers and minute books s 601BL — Registration of registered bodies s 601BM — Effect of registration under this Part s 601BN — Liability of members on winding up s 601BP — Bearer shares s 601BQ — References in pre‑registration contracts and other documents to par value in existing contracts and documents s 601BR — First AGM s 601BS — Modification by regulations s 601C — Meaning of property s 601CA — When a registrable Australian body may carry on business in this jurisdiction and outside its place of origin s 601CB — Application for registration s 601CC — Cessation of business etc. s 601CCA — Publishing notices relating to cessation of business etc. s 601CD — When a foreign company may carry on business in this jurisdiction s 601CDA — Limited disclosure if place of origin is a prescribed country s 601CE — Application for registration s 601CF — Appointment of local agent s 601CG — Local agent: how appointed s 601CH — Local agent: how removed s 601CJ — Liability of local agent s 601CK — Balance‑sheets and other documents s 601CL — Cessation of business etc. s 601CLA — Publishing notices relating to cessation of business etc. s 601CM — Register of members of foreign company s 601CN — Register kept under section 601CM s 601CP — Notifying ASIC about register kept under section 601CM s 601CQ — Effect of right to acquire shares compulsorily s 601CR — Index of members and inspection of registers s 601CS — Certificate as to shareholding s 601CTA — Limited disclosure if place of origin is a prescribed country s 601CT — Registered office s 601CU — Certificate of registration s 601CV — Notice of certain changes s 601CW — Body’s name etc. must be displayed at office and place of business s 601CX — Service of documents on registered body s 601CY — Power to hold land s 601CZA — Certain documents are debentures s 601CZB — Register of debenture holders to be maintained by non‑companies s 601CZC — Location of register s 601CZD — Application of sections 173 to 177 s 601DA — Reserving a name s 601DB — Acceptable abbreviations s 601DC — When a name is available s 601DD — Registered Australian bodies and registered foreign companies can carry on business with some names only s 601DE — Using a name and ARBN s 601DF — Exception to requirement to have ARBN on receipts s 601DG — Regulations may exempt from requirement to set out information on documents s 601DH — Notice of name change must be given to ASIC s 601DJ — ASIC’s power to direct a registered name be changed s 601EA — Applying for registration s 601EB — Registration of managed investment scheme s 601EC — All documents etc. lodged with ASIC to bear ARSN or ABN s 601ED — When a managed investment scheme must be registered s 601EE — Unregistered schemes may be wound up s 601FA — Responsible entity to be public company and hold Australian financial services licence s 601FB — Responsible entity to operate scheme s 601FC — Duties of responsible entity s 601FD — Duties of officers of responsible entity s 601FE — Duties of employees of responsible entity s 601FF — Surveillance checks by ASIC s 601FG — Acquisition of interest in scheme by responsible entity s 601FH — Liquidator etc. of responsible entity entitled to exercise indemnity rights s 601FJ — Changes only take effect when ASIC alters record of registration s 601FK — Requirements of section 601FA must be met s 601FL — Retirement of responsible entity s 601FM — Removal of responsible entity by members s 601FN — ASIC or scheme member may apply to Court for appointment of temporary responsible entity s 601FP — Appointment of temporary responsible entity by Court s 601FQ — Temporary responsible entity to take steps for appointment of new responsible entity s 601FR — Former responsible entity to hand over books and provide reasonable assistance s 601FS — Rights, obligations and liabilities of former responsible entity s 601FT — Effect of change of responsible entity on documents etc. to which former responsible entity is party s 601GA — Contents of the constitution s 601GB — Constitution must be legally enforceable s 601GC — Changing the constitution s 601HA — Contents of the compliance plan s 601HB — Compliance plan may incorporate provisions from another scheme’s plan s 601HC — Directors must sign lodged copy of compliance plan s 601HD — ASIC may require further information about compliance plan s 601HE — Changing the compliance plan s 601HF — ASIC may require consolidation of compliance plan to be lodged s 601HG — Audit of compliance plan s 601HH — Removal and resignation of auditors s 601HI — Action on change of auditor of compliance plan s 601JA — When is a compliance committee required? s 601JB — Membership of compliance committee s 601JC — Functions of compliance committee s 601JD — Duties of members s 601JE — Compliance committee members have qualified privilege in certain cases s 601JF — When can responsible entity indemnify compliance committee members? s 601JG — When can responsible entity pay insurance premiums for compliance committee members? s 601JH — Proceedings of compliance committee s 601JJ — Disclosure of interests s 601KA — Members’ rights to withdraw s 601KB — Non‑liquid schemes—offers s 601KC — Non‑liquid schemes—only one withdrawal offer to be open at any time s 601KD — Non‑liquid schemes—how payments are to be made s 601KE — Non‑liquid schemes—responsible entity may cancel withdrawal offer s 601LA — Chapter 2E applies with modifications s 601LB — Replacement section 207 s 601LC — Replacement section 208 s 601LD — Omission of sections 213, 214 and 224 s 601LE — Modification of section 225 s 601MA — Civil liability of responsible entity to members s 601MB — Voidable contracts where subscription offers and invitations contravene this Act s 601NA — Winding up required by scheme’s constitution s 601NB — Winding up at direction of members s 601NC — Winding up if scheme’s purpose accomplished or cannot be accomplished s 601ND — Winding up ordered by Court s 601NE — The winding up of the scheme s 601NF — Other orders about winding up s 601NG — Unclaimed money to be paid to ASIC s 601PAA — Application of this Division s 601PA — Deregistration—voluntary s 601PB — Deregistration by ASIC s 601PBA — Application of this Division s 601PBB — Deregistration—voluntary s 601PBC — Deregistration—initiated by ASIC s 601PBD — Notices relating to deregistration process s 601PBE — Consequences of deregistration on status as an Australian passport fund s 601PC — Reinstatement s 601QA — ASIC’s power to make exemption and modification orders s 601QB — Modification by regulations s 601RAA — Meaning of fees and law—Chapter 5D s 601RAB — Meaning of trustee company and client s 601RAC — Meaning of traditional trustee company services and estate management functions s 601RAD — Meaning of person with a proper interest s 601RAE — Interaction between trustee company provisions and State and Territory laws s 601SAA — Jurisdiction of courts not affected etc. s 601SAB — Regulations may prescribe other powers etc. s 601SAC — Powers etc. conferred by or under this Chapter are in addition to other powers etc. s 601SBA — Licensed trustee company not required to file accounts s 601SBB — Licensed trustee company may be required to provide account in relation to estate s 601SBC — Court may order audit s 601SCA — Common funds of licensed trustee companies s 601SCAA — Common funds that are also registered schemes s 601SCB — Obligations relating to common funds s 601SCC — Regulations relating to establishment or operation of common funds s 601SCD — Arm’s length transactions s 601TAA — Schedule of fees to be published and available s 601TAB — Disclosure to clients of changed fees s 601TBA — Charging of fees for the provision of traditional trustee company services s 601TBB — Part does not prevent charging of fees as agreed etc. s 601TBC — Part does not prevent charging fee for provision of account s 601TBD — Part does not prevent reimbursement s 601TBE — Estate management functions: payment of fees out of estate s 601TCA — Fees otherwise than for being the trustee or manager of a charitable trust s 601TCB — Additional amount for preparation of returns etc. s 601TDA — Subdivision applies to new client charitable trusts s 601TDB — What the trustee company may charge s 601TDC — Option 1: capital commission and income commission s 601TDD — Option 2: annual management fee s 601TDE — Additional amount if trust money is in a common fund s 601TDF — Additional amount for preparation of returns etc. s 601TDG — Subdivision applies to existing client charitable trusts s 601TDH — Trustee company not to charge more than was being charged before section commenced s 601TDI — Additional amount if trust money is in a common fund s 601TDJ — Additional amount for preparation of returns etc. s 601TEA — Power of the Court with respect to excessive fees s 601TEB — Directors’ fees s 601UAA — Duties of officers of licensed trustee company s 601UAB — Duties of employees of licensed trustee company s 601VAA — Meaning of unacceptable control situation—licensed trustee company or a proposed licensed trustee company s 601VAB — Acquisitions of shares s 601VAC — Orders to remedy unacceptable control situation s 601VAD — Injunctions s 601VBA — Application for approval to exceed 15% voting power limit s 601VBB — Approval of application s 601VBC — Duration of approval s 601VBD — Conditions of approval s 601VBE — Varying percentage approved s 601VBF — Revoking an approval s 601VBG — Minister may require further information from applicants s 601VBH — Minister may seek views of the company concerned and its clients s 601VBI — Time limit for Minister’s decision s 601VCA — Acquisition of property s 601VCB — Interests of clients to be viewed as a group s 601VCC — Anti‑avoidance s 601WAA — Meaning of estate assets and liabilities s 601WBA — Transfer determinations s 601WBB — When consent of receiving company is in force s 601WBC — Complementary State or Territory legislation s 601WBD — Minister’s power to decide that his or her consent is not required s 601WBE — Determinations may impose conditions s 601WBF — Notice of determination s 601WBG — Certificate of transfer s 601WBH — Notice of certificate s 601WBI — Time and effect of transfer s 601WBJ — Substitution of trustee company s 601WBK — Liabilities for breach of trust and other matters not affected by this Part s 601WCA — Certificates evidencing operation of Act etc. s 601WCB — Certificates in relation to land and interests in land s 601WCC — Certificates in relation to other assets s 601WCD — Documents purporting to be certificates s 601WCE — Construction of references to transferring company s 601WCF — Income or other distribution received by transferring company s 601WCG — Access to books s 601WCH — Minister or ASIC may seek views of trustee company and its clients s 601WCI — Authorisation to perform functions or exercise powers in this Part s 601WDA — Transferring company required to contact certain persons s 601XAA — Civil liability of licensed trustee companies s 601XAB — Prohibition on holding out s 601YAA — Exemptions and modifications by ASIC s 601YAB — Exemptions and modifications by regulations s 602 — Purposes of Chapter s 602A — Meaning of substantial interest s 603 — Chapter extends to some listed bodies that are not companies s 604 — Chapter extends to listed registered schemes s 605 — Classes of securities s 605A — Chapter does not apply to MCIs s 606 — Prohibition on certain acquisitions of relevant interests in voting shares s 607 — Effect on transactions s 608 — Relevant interests in securities s 609 — Situations not giving rise to relevant interests s 609A — Another situation not giving rise to relevant interests—acceptance facility s 609B — Another situation not giving rise to relevant interests—securities subject to escrow agreement in connection with initial public offer etc. s 610 — Voting power in a body or managed investment scheme s 611 — Exceptions to the prohibition s 612 — Effect of non‑compliance with takeover rules for exceptions 1 to 4 s 613 — Bidder not to exercise voting rights if failure to send bids for off‑market acquisition—exception 2 or 3 s 615 — Treatment of foreign holders under equal access issue—exception 10 s 616 — Off‑market bids and market bids s 617 — Securities covered by the bid s 618 — Offers must be for all or a proportion of securities in the bid class s 619 — General terms of the offer s 620 — Off‑market bid (offer formalities) s 621 — Consideration offered s 622 — Escalation agreements s 623 — Collateral benefits not allowed s 624 — Offer period s 625 — Conditional offers—general s 626 — Maximum acceptance conditions in off‑market bids s 627 — Discriminatory conditions not allowed for off‑market bids s 628 — Conditions requiring payments to officers of target not allowed in off‑market bids s 629 — Conditions turning on bidder’s or associate’s opinion not allowed in off‑market bids s 630 — Defeating conditions s 631 — Proposing or announcing a bid s 632 — Overview of steps in an off‑market bid s 633 — Detailed steps in an off‑market bid s 634 — Overview of steps in a market bid s 635 — Detailed steps in a market bid s 636 — Bidder’s statement content s 637 — Bidder’s statement formalities s 638 — Target’s statement content s 639 — Target’s statement formalities s 640 — Expert’s report to accompany target’s statement if bidder connected with target s 641 — Target must inform bidder about securities holdings s 641A — Use or disclosure of information obtained from target s 642 — Expenses of directors of target companies s 643 — Supplementary bidder’s statement s 644 — Supplementary target’s statement s 645 — Form of supplementary statement s 646 — Consequences of lodging a supplementary statement s 647 — To whom supplementary statement must be sent s 648A — Experts’ reports s 648B — Address at which bidder may send documents to holders of securities s 648C — Sending documents to holders of securities—general s 648CB — Sending documents to holders of securities—effect of election by holder to be sent documents by target in particular form s 648D — Constitution may contain proportional takeover approval provisions s 648E — Resolution to be put if proportional bid made s 648F — Effect of rejection of approval resolution s 648G — Including proportional takeover provisions in constitution s 648H — Effect of Subdivision s 649A — General s 649B — Market bids—raising bid price s 649C — Market bids—extending the offer period s 650A — General s 650B — Off‑market bids—consideration offered s 650C — Off‑market bids—extension of offer period s 650D — Off‑market bids—method of making variation s 650E — Right to withdraw acceptance s 650F — Freeing off‑market bids from defeating conditions s 650G — Contracts and acceptances void if defeating condition not fulfilled s 651A — Off‑market bid—effect on bid consideration of purchases made outside bid s 651B — How to make an election for new forms of consideration s 651C — Returning securities as part of election s 652A — Withdrawal of unaccepted offers under takeover bid s 652B — Withdrawal of takeover offers with ASIC consent s 652C — Withdrawal of market bids s 653A — Acceptance of offers made under off‑market bid s 653B — Acceptances by transferees and nominees of offers made under off‑market bid s 654A — Bidder not to dispose of securities during the bid period s 654B — Disclosures about substantial shareholdings in listed companies s 654C — Disclosures about substantial shareholdings in unlisted companies s 655A — ASIC’s power to exempt and modify s 655B — Notice of decision and review rights s 656A — Review of exercise of exemption or modification powers s 656B — Operation and implementation of a decision that is subject to review s 657A — Declaration of unacceptable circumstances s 657B — When Takeovers Panel may make declaration s 657C — Applying for declarations and orders s 657D — Orders that Takeovers Panel may make following declaration s 657E — Interim orders s 657EA — Internal Takeovers Panel reviews s 657EB — References by Courts s 657F — Offence to contravene Takeovers Panel order s 657G — Orders by the Court where contravention or proposed contravention of Takeovers Panel order s 657H — ASIC may publish report about application to Takeovers Panel or Court s 658A — Power of Takeovers Panel where a proceeding is frivolous or vexatious s 658B — Evidentiary value of findings of fact by Takeovers Panel s 658C — Takeovers Panel’s power to make rules s 658D — Inconsistency between Takeovers Panel rules and ASIC exemption or declaration s 659A — Takeovers Panel may refer questions of law to the Court s 659AA — Object of sections 659B and 659C s 659B — Court proceedings before end of bid period s 659C — Court proceedings after end of bid period s 660A — Chapter extends to some listed bodies that are not companies s 660B — Chapter extends to listed registered schemes s 660C — Chapter does not apply to MCIs s 661A — Compulsory acquisition power following takeover bid s 661B — Compulsory acquisition notice s 661C — Terms on which securities to be acquired s 661D — Holder may obtain names and addresses of other holders s 661E — Holder may apply to Court to stop acquisition s 661F — Signpost—completing the acquisition of the securities s 662A — Bidder must offer to buy out remaining holders of bid class securities s 662B — Bidder to tell remaining holders of their right to be bought out s 662C — Right of remaining holder of securities in the bid class to be bought out s 663A — Bidder must offer to buy out holders of convertible securities s 663B — Bidder to tell holders of convertible securities of their right to be bought out s 663C — Right of holders of convertible securities to be bought out s 664A — Threshold for general compulsory acquisition power s 664AA — Time limit on exercising compulsory acquisition power s 664B — The terms for compulsory acquisition s 664C — Compulsory acquisition notice s 664D — Benefits outside compulsory acquisition procedure s 664E — Holder’s right to object to the acquisition s 664F — The Court’s power to approve acquisition s 664G — Signpost—completing the acquisition of the securities s 665A — 100% holder must offer to buy out holders of convertible securities s 665B — 100% holder to tell holders of convertible securities of their right to be bought out s 665C — Right of holders of convertible securities to be bought out s 666A — Completing the acquisition of securities s 666B — Statutory procedure for completion s 667A — Expert’s report s 667AA — Expert to be nominated s 667B — Expert must not be an associate and must disclose prior dealings and relationships s 667C — Valuation of securities s 668A — Company’s power to deal with unclaimed consideration for compulsory acquisition s 668B — Unclaimed consideration to be transferred to ASIC s 669 — ASIC’s power to exempt and modify s 669A — Sending documents s 670A — Misstatements in, or omissions from, takeover and compulsory acquisition and buy‑out documents s 670B — Right to recover for loss or damage resulting from contravention s 670C — People liable on takeover or compulsory acquisition statement to inform maker about deficiencies in the statement s 670D — Defences against prosecutions under subsection 670A(3) and actions under section 670B s 670E — Liability for proposing a bid or not carrying through with bid s 670F — Defences s 671A — Chapter extends to some listed bodies that are not companies s 671B — Information about substantial holdings must be given to company, responsible entity, fund operator and relevant market operator s 671C — Civil liability s 672A — Disclosure notices s 672B — Disclosure by member of relevant interests and instructions s 672C — ASIC may pass information on to person who made request s 672D — Fee for complying with a direction given by a company, scheme or fund under this Part s 672DA — Register of information about relevant interests in listed company, listed registered scheme or listed notified foreign passport fund s 672E — No notice of rights s 672F — Civil liability s 673 — ASIC’s power to exempt and modify s 674 — Continuous disclosure—listed disclosing entity bound by a disclosure requirement in market listing rules—reasonable person’s expectations s 674A — Continuous disclosure—listed disclosing entity bound by a disclosure requirement in market listing rules—knowledge, recklessness or negligence s 675 — Continuous disclosure—other disclosing entities—reasonable person’s expectations s 675A — Continuous disclosure—other disclosing entities—knowledge, recklessness or negligence s 676 — Meaning of generally available s 677 — Material effect on price or value s 678 — Application of Criminal Code to offences based on subsection 674(2), 674(5) or 675(2) s 700 — Coverage of the fundraising rules s 702 — Treatment of offers of options over securities s 703 — Chapter may not be contracted out of s 703A — Operating a clearing and settlement facility is not offering securities etc. s 703B — Part generally does not apply in relation to CSF offers s 704 — When disclosure to investors is needed s 705 — Types of disclosure document s 706 — Issue offers that need disclosure s 707 — Sale offers that need disclosure s 708 — Offers that do not need disclosure s 708AA — Rights issues that do not need disclosure s 708A — Sale offers that do not need disclosure s 709 — Prospectuses, short‑form prospectuses, profile statements and offer information statements s 710 — Prospectus content—general disclosure test s 711 — Prospectus content—specific disclosures s 712 — Prospectus content—short form prospectuses s 713 — Special prospectus content rules for continuously quoted securities s 713A — Offer of simple corporate bonds s 713B — Simple corporate bonds—2‑part simple corporate bonds prospectus s 713C — Simple corporate bonds—base prospectus s 713D — Simple corporate bonds—offer‑specific prospectus s 713E — Simple corporate bonds—prospectus may refer to other material lodged with ASIC s 714 — Contents of profile statement s 715 — Contents of offer information statement s 715A — Presentation etc. of disclosure documents s 716 — Disclosure document date and consents s 717 — Overview of procedure for offering securities s 718 — Lodging of disclosure document s 719 — Lodging supplementary or replacement document—general s 719A — Lodging supplementary or replacement document—2‑part simple corporate bonds prospectus s 720 — Consents needed for lodgment s 721 — Offer must be made in, or accompanied by, the disclosure document s 722 — Application money to be held on trust s 723 — Issuing or transferring the securities under a disclosure document s 724 — Choices open to person making the offer if disclosure document condition not met or disclosure document defective s 725 — Expiration of disclosure document s 725A — Part generally does not apply in relation to CSF offers s 726 — Offering securities in a body that does not exist s 727 — Offering securities without a current disclosure document s 728 — Misstatement in, or omission from, disclosure document s 729 — Right to recover for loss or damage resulting from contravention s 730 — People liable on disclosure document to inform person making the offer about deficiencies in the disclosure document s 731 — Due diligence defence for prospectuses s 732 — Lack of knowledge defence for offer information statements and profile statements s 733 — General defences for all disclosure documents s 734 — Restrictions on advertising and publicity s 735 — Obligation to keep consents and other documents s 737 — Remedies for investors s 738A — Object s 738B — Meaning of CSF offer s 738C — Meaning of CSF intermediary s 738D — Meaning of retail client in relation to a CSF offer s 738E — Offer of the securities may also be made in reliance on section 708 s 738F — Application of provisions of Chapter 7 relating to how obligations etc. apply to different kinds of persons s 738G — Offers that are eligible to be made under this Part s 738H — Meaning of eligible CSF company s 738J — CSF offer document to be prepared s 738K — Other requirements for CSF offer document s 738L — CSF offer document to be published on platform of a single CSF intermediary s 738M — Consents needed for publication of CSF offer document s 738N — Meaning of made, open, closed, suspended and complete s 738P — CSF offer document to be removed from offer platform if offer closes in certain circumstances s 738Q — Gatekeeper obligations of CSF intermediaries s 738R — Company and related parties not to have more than one CSF offer open at any one time s 738S — Company may notify responsible intermediary that it wants CSF offer withdrawn s 738T — Withdrawal of applications made pursuant to CSF offer s 738U — Meaning of defective s 738V — Obligation to notify company making offer, and responsible intermediary, if CSF offer document is defective s 738W — Company may provide replacement or supplementary CSF document in certain circumstances s 738X — Responsible intermediary’s obligations on becoming aware that CSF offer document is defective s 738Y — Other liabilities relating to defective CSF offer documents s 738Z — Exceptions to liability under section 738Y s 738ZA — General obligations of CSF intermediaries relating to their platforms etc. s 738ZB — Responsible intermediary’s obligations relating to application money s 738ZC — Caps on investment by retail clients pursuant to CSF offers s 738ZD — Cooling‑off rights for retail clients s 738ZE — Company making CSF offer or CSF intermediary etc. must not financially assist retail client to acquire securities s 738ZF — Offering securities of a company that does not exist s 738ZG — Restrictions on advertising and publicity s 738ZH — Liabilities under other laws not affected s 738ZI — Companies eligible for limited governance requirements s 738ZJ — Regulations relating to how CSF intermediaries are to deal with applications s 738ZK — Related party transactions—proprietary companies that have one or more CSF shareholders s 739 — ASIC stop orders s 740 — Anti‑avoidance determinations s 741 — ASIC’s power to exempt and modify s 742 — Exemptions and modifications by regulations s 760A — Object of Chapter s 760B — Outline of Chapter s 761A — Meaning of some terms relating to financial services and markets s 761B — Meaning of arrangement s 761CAA — Meaning of claimant intermediary s 761CA — Meaning of class and kind of financial products and financial services s 761D — Meaning of derivative s 761DA — Meaning of insurance claims manager s 761E — Meaning of acquire, issue and provide s 761EA — Meaning of margin lending facility, margin call and associated expressions s 761F — Meaning of person—generally includes a partnership s 761FA — Meaning of person—generally includes multiple trustees s 761G — Meaning of retail client and wholesale client s 761GA — Meaning of retail client—sophisticated investors s 761H — References to this Chapter include references to regulations or other instruments made for the purposes of this Chapter s 762A — Overview of approach to defining what a financial product is s 762B — What if a financial product is part of a broader facility? s 762C — Meaning of facility s 763A — Meaning of financial product s 763B — Meaning of makes a financial investment s 763C — Meaning of manages financial risk s 763D — Meaning of makes non‑cash payments s 763E — What if a financial product is only incidental? s 764A — Specific things that are financial products (subject to Subdivision D) s 765A — Specific things that are not financial products s 766A — Meaning of financial service s 766B — Meaning of financial product advice, personal advice and general advice s 766C — Meaning of dealing s 766D — Meaning of makes a market s 766E — Meaning of custodial or depository service s 766F — Meaning of crowd‑funding service s 766G — Meaning of claims handling and settling service s 766H — Meaning of superannuation trustee service s 767A — Meaning of financial market s 768A — Meaning of clearing and settlement facility s 769A — Part 2.5 of Criminal Code does not apply s 769B — People are generally responsible for the conduct of their agents, employees etc. s 769C — Representations about future matters taken to be misleading if made without reasonable grounds s 790A — Meaning of clearing and settlement arrangements s 791A — Need for a licence s 791B — Other prohibitions on holding out s 791C — Exemptions by ASIC s 791D — When a financial market is operated in this jurisdiction s 791E — Criteria for declarations that financial markets have a material connection with this jurisdiction s 791F — Ministerial consent to ASIC determination required s 791G — Revoking declarations that financial markets have a material connection with this jurisdiction s 792A — General obligations s 792B — Obligation to notify ASIC of certain matters s 792C — Giving ASIC information about a listed disclosing entity s 792D — Obligation to assist ASIC s 792E — Obligation to give ASIC access to market facilities s 792F — Annual report s 792G — Obligations to notify people about clearing and settlement arrangements in certain circumstances s 792H — Change of country by foreign licensee s 792I — Making information about compensation arrangements publicly available s 793A — Content of the operating rules and procedures s 793B — Legal effect of operating rules s 793C — Enforcement of operating rules s 793D — Changing the operating rules s 793E — Disallowance of changes to operating rules s 794A — ASIC’s directions power—promoting compliance s 794AA — ASIC’s directions power—crisis resolution s 794AB — Matters relating to ASIC directions—crisis resolution s 794B — ASIC’s power to require special report s 794BA — ASIC’s power to require expert report s 794C — ASIC assessment of licensee’s compliance s 794D — ASIC’s directions power—protecting dealings in financial products s 794DA — Matters relating to ASIC directions—protecting dealings in financial products s 794E — Additional directions to clearing and settlement facilities s 795A — How to apply for a licence s 795B — When a licence may be granted s 795C — Publication of notice of licence grant s 795D — More than one licence in the same document s 795E — More than one market covered by the same licence s 796A — The conditions on the licence s 797A — Varying licences s 797B — Immediate suspension or cancellation s 797C — Suspension or cancellation following hearing and report s 797D — Effect of suspension s 797E — Variation or revocation of suspension s 797F — Publication of notice of licence suspension or cancellation s 797G — Suspension and cancellation only in accordance with this Subdivision s 798A — Matters to be taken into account by ASIC s 798B — ASIC may give advice to Minister s 798C — Market licensee or related body corporate etc. listing on market s 798D — Exemptions and modifications for self‑listing licensees or related bodies corporate etc. s 798DA — Market licensee, related body corporate etc. or competitor participating in market s 798E — Other potential conflict situations s 798F — ASIC to supervise financial markets s 798G — Market integrity rules s 798H — Complying with market integrity rules s 798J — ASIC’s directions power—protecting people dealing in financial products s 798JA — Matters relating to ASIC directions—protecting people dealing in financial products s 798JB — ASIC’s directions power—crisis resolution s 798JC — Matters relating to ASIC directions—crisis resolution s 798K — Alternatives to civil proceedings s 798L — Exemptions and modifications by regulations s 798M — Exemptions by ASIC s 820A — Need for a licence s 820B — Other prohibitions on holding out s 820C — Exemptions by ASIC s 820CA — Exemptions by Reserve Bank s 820D — When a clearing and settlement facility is operated in this jurisdiction s 820E — Criteria for declarations that clearing and settlement facilities have a material connection with this jurisdiction s 820F — Relevant determinations s 820G — Ministerial consent to Reserve Bank or ASIC determination required s 820H — Revoking declarations that clearing and settlement facilities have a material connection with this jurisdiction s 821A — General obligations s 821B — Obligation to notify ASIC of certain matters s 821BA — Obligation to notify Reserve Bank of certain matters s 821C — Obligation to assist s 821D — Obligation to give access to the facility s 821E — Annual report s 821F — Change of country by foreign licensee s 821H — Notification of recapitalisation or restructuring s 821J — Notice of any other material changes in circumstances s 821K — Notification of appointment of external administrator s 821L — Notification from liquidator and request for information about winding up s 822A — Content of the operating rules and procedures s 822B — Legal effect of operating rules s 822C — Enforcement of operating rules s 822D — Changing the operating rules s 822E — Disallowance of changes to operating rules s 823A — ASIC’s power to give directions s 823B — ASIC’s power to require special report s 823BA — Reserve Bank’s power to require special report s 823BB — ASIC’s power to require expert report s 823BC — Reserve Bank’s power to require expert report s 823C — ASIC assessment of licensee’s compliance s 823CA — Reserve Bank assessment of compliance s 823D — ASIC’s directions power—protecting dealings in financial products and ensuring fair and effective provision of services by CS facilities s 823DA — Matters relating to ASIC directions—protecting dealings in financial products and ensuring fair and effective provision of services by CS facilities s 823E — Reserve Bank’s directions power—directions to increase compliance or reduce systemic risk s 823F — Reserve Bank’s directions power—directions to preserve stability in the Australian financial system s 823G — Reserve Bank’s directions power—directions to enhance resolvability s 823H — Reserve Bank’s directions power—directions to give information to assist the Reserve Bank perform its functions s 823J — Matters relating to all Reserve Bank directions—order for body corporate to comply with direction s 823K — Matters relating to all Reserve Bank directions—variation or revocation s 823L — Recapitalisation directions—matters relating to compliance s 823M — Recapitalisation directions—Reserve Bank must obtain expert’s report on the fair value of shares etc. s 823N — Recapitalisation directions—determination of the fair value of shares or rights by an expert s 823P — Recapitalisation directions—working out the fair value of other capital instruments s 823Q — Recapitalisation directions—contravening certain provisions does not affect the validity of the direction etc. s 823R — Recapitalisation directions—exceptions to Part IV of the Competition and Consumer Act 2010 s 823S — Directions to preserve stability in the Australian financial system—relationship with other provisions s 823T — All Reserve Bank directions—publishing details about directions s 823U — All Reserve Bank directions—injunctions s 823V — Exercise of Reserve Bank powers to give directions under section 823F not grounds for denial of obligations s 823W — All ASIC and Reserve Bank directions etc. under this Part—failure by officers to take reasonable steps to ensure compliance s 823X — All ASIC and Reserve Bank directions under this Part—protection from liability for compliance in good faith s 824A — How to apply for a licence s 824B — When a licence may be granted s 824C — Publication of notice of licence grant s 824D — More than one licence in the same document s 824E — More than one CS facility covered by the same licence s 825A — The conditions on the licence s 826A — Varying licences s 826B — Immediate suspension or cancellation s 826C — Suspension or cancellation following hearing and report s 826D — Effect of suspension s 826E — Variation or revocation of suspension s 826F — Publication of notice of licence suspension or cancellation s 826G — Suspension and cancellation only in accordance with this Subdivision s 826H — CS facility rules s 826J — Complying with CS facility rules s 826K — Inconsistency with other instruments s 826L — Alternatives to civil proceedings s 826M — ASIC to consult before making rules s 826N — Ministerial consent to rules required s 826P — Emergency rules—consultation and consent not required s 826Q — Crisis resolution—consultation and consent not required s 826R — Variation and revocation of rules s 826S — Regulations may limit how rules may deal with certain matters s 826T — Provisions covered by this Subdivision s 826U — Exemptions and modifications by regulations s 827A — Matters to be taken into account by ASIC s 827B — ASIC may give advice to Minister and Reserve Bank s 827C — Reserve Bank may give advice to Minister and ASIC s 827D — Reserve Bank may determine financial stability standards s 827DA — Reserve Bank may determine resolvability standards for CS facility licensees and certain related bodies corporate s 827DB — Resolution planning s 827E — Certain powers—consultation between ASIC and the Reserve Bank s 828 — Meaning of CS service s 828A — CS services rules s 828B — CS services in relation to which rules may impose requirements s 828C — Obligation to comply with CS services rules s 828D — Obligation to notify ASIC in respect of breach s 828E — Alternatives to civil proceedings s 828F — Failure to comply with CS services rules does not invalidate transaction etc. s 828G — ASIC’s power to give directions to person not complying with obligations s 828H — Matters to which ASIC must have regard when making rules s 828J — ASIC to consult before making rules s 828K — Ministerial consent to rules required s 828L — Emergency rules: consultation and consent not required s 828M — Amendment and revocation of CS services rules s 828N — ASIC may give advice to Minister s 828P — ACCC may give advice to Minister s 828Q — Reserve Bank may give advice to Minister s 828R — Exemptions by the regulations or by ASIC s 830A — Simplified outline of this Part s 830B — Object of this Part s 831A — Reserve Bank may exercise crisis resolution powers if certain conditions are satisfied s 832A — Statutory manager takes control of body corporate s 832B — Termination of appointment of statutory manager s 832C — When a statutory manager is in control s 833A — Role of the statutory manager s 833B — Powers to remove director etc. s 833C — Power to alter body corporate’s constitution etc. s 833D — Powers to facilitate recapitalisation s 833E — Statutory manager may request information etc. to be given s 833F — Statutory manager acts as body corporate’s agent s 834A — Exercise of directors’ powers while body corporate under statutory management s 834B — Effect of things done during statutory management of body corporate s 834C — Effect of statutory management on body corporate’s members s 835A — Reporting to Reserve Bank s 835B — Reserve Bank’s directions power—directions to statutory manager s 835C — Consent to take action that may affect financial system stability in Australia s 836A — Effect on external administration s 836B — Appointment of 2 or more statutory managers of body corporate s 836C — Costs of statutory management s 836D — Annual general meeting need not be held s 836E — Dealing with property subject to circulating security interests s 836F — When statutory manager may dispose of encumbered property s 836G — Proceeds of sale of property s 836H — Supply of essential services s 836J — Statutory manager has qualified privilege s 836K — Protection of persons dealing with statutory manager s 837A — Compulsory transfer of shares in body corporate s 837B — Compulsory transfer of business of body corporate s 837C — When consent of receiving body is in force s 837D — Agreement about how transfer is to be effected s 837E — Determination may impose conditions s 837F — Determination that transfer is not to take effect s 837G — Consultation s 838A — Certificate of transfer s 838B — Time and effect of transfer of shares s 838C — Time and effect of transfer of business s 839A — Partial transfer of netting contracts void s 839B — Reserve Bank may provide information to receiving body s 839C — Certificates in relation to land and interests in land s 839D — Certificates in relation to other assets s 839E — Documents purporting to be certificates s 839F — Construction of references in instruments to target body s 839G — Income or other distribution received by target body s 839H — Access to books s 839J — Relationship of Division with other laws etc. s 839K — Reserve Bank’s rules may make special provision in relation to compulsory transfer s 840A — Reserve Bank’s directions power—manage or respond to crisis s 840B — Matters relating to Reserve Bank directions—manage or respond to crisis s 840C — Directions to manage or respond to crisis—relationship with other provisions s 841A — Reserve Bank’s directions power—information to assist crisis management s 841B — Matters relating to Reserve Bank directions—information to assist crisis management s 842A — Circumstances to which moratorium is relevant s 843A — Stay on enforcing rights merely because the body corporate is under statutory management or subject to a transfer determination s 843B — Exceptions s 843C — Stay on body corporate’s right to new advance of money or credit s 843D — Self‑executing provisions s 843E — When other laws prevail—certain other Commonwealth Acts s 843F — Circumstances where a transaction by statutory manager not voidable under section 588FE s 844A — Winding up body corporate s 844B — Restrictions on exercise of third party property rights s 844C — Stay of proceedings s 844D — Reserve Bank and statutory manager not liable in damages for refusing consent s 844E — Suspension of enforcement process s 844F — Duties of court officer in relation to property of a body corporate s 845A — General power to make orders s 846A — Authorising arrangements for the purposes of crisis resolution s 846B — Appropriation of Consolidated Revenue Fund s 847A — Reserve Bank may recognise crisis resolution of foreign operator of a clearing and settlement facility s 848A — Determinations that information is covered by secrecy provision s 848B — Variation or revocation of determinations s 848C — Prohibition on disclosing information covered by secrecy provision s 848D — Disclosure of publicly available information s 848E — Disclosure allowed by the Reserve Bank s 848F — Disclosure for the purpose of seeking review or legal advice s 848G — Disclosure under the Reserve Bank Act s 848H — Disclosure under the ASIC Act s 848J — Disclosure in circumstances determined by the Minister s 848K — Disclosure for same purpose s 848L — Exceptions operate independently s 849AA — Reserve Bank may apply for body corporate to be wound up s 849AB — Reserve Bank may request ASIC to make rules or give directions s 849BA — Application of this Subdivision s 849BB — Stay on exercising termination rights s 849BC — Self‑executing provisions s 849BD — When other laws prevail—certain other Commonwealth Acts s 849BE — Circumstances where a transaction by statutory manager not voidable under section 588FE s 849BF — General power to make orders s 849CA — Reserve Bank may object to exercise of certain powers by ASIC during crisis resolution s 849CB — Expert report for acquisition or disposal of assets s 849CC — Exercise of Reserve Bank powers under this Part not grounds for denial of obligations s 849CD — Protection from liability for acts or omissions in good faith s 849CE — Compensation for acquisition of property s 850A — Scope of Division s 850B — Meaning of unacceptable control situation s 850C — Acquisitions of shares s 850D — Orders to remedy unacceptable control situation s 850E — Injunctions s 851A — Application for approval to exceed 20% voting power limit s 851B — Approval of application s 851C — Duration of approval s 851D — Conditions of approval s 851E — Varying percentage approved s 851F — Revoking an approval s 851G — Further information about applications s 851H — Time limit for Minister’s decision s 851I — Preservation of voting power s 852A — Acquisition of property s 852B — Anti‑avoidance s 852DA — Scope of Division s 852DB — Meaning of unacceptable control situation s 852DC — Meaning of passes the legitimate control test s 852DD — Acquisition of shares s 852DE — Remedial orders s 852DF — Injunctions s 852DG — Application for approval to exceed 20% voting power limit s 852DH — Decision on the application s 852DJ — Duration of approval s 852DK — Extension of approval s 852DL — Conditions of approval s 852DM — Varying an approval s 852DN — Revoking an approval s 852DP — Further information about applications s 852DQ — Applicant must update ASIC with correct information s 852DR — Time limit for ASIC’s decision s 852DS — Acquisition of property s 852DT — Anti‑avoidance s 853A — Meaning of disqualified individual s 853B — Meaning of involved—in some licensees or applicants for a licence s 853C — Declaration by ASIC s 853D — Procedure for declaration s 853E — Revoking a declaration s 853F — Obligations on disqualified individuals s 853G — Notification by ASIC s 853H — ASIC’s power to make financial market infrastructure banning orders s 853J — Individual to be given an opportunity to be heard before ASIC makes financial market infrastructure banning order s 853K — When an individual is not a fit and proper person s 853L — When an individual contravenes a financial services law s 853M — When an individual has been a core officer of a corporation unable to pay its debts s 853N — What a financial market infrastructure banning order prohibits s 853P — Effect of financial market infrastructure banning orders s 853Q — Variation or cancellation of financial market infrastructure banning orders s 853R — Date of effect and publication of financial market infrastructure banning orders, variation or cancellation s 853S — Statements of reasons s 854A — Record‑keeping and giving of information s 854B — Exemptions and modifications by regulations s 880A — Part does not apply to markets licensed under special provisions about overseas markets s 880B — Meaning of some terms relating to compensation regimes for financial markets s 881A — Licensed markets through which participants provide services for retail clients must generally have a compensation regime s 881B — Additional requirements for the licence application s 881C — What happens if an application contains information in accordance with paragraph 881B(2)(c) s 881D — What happens if an application contains a statement in accordance with paragraph 881B(2)(d) s 882A — How to get compensation arrangements approved with grant of licence s 882B — How to get compensation arrangements approved after licence is granted s 882C — Revocation of approval s 882D — ASIC’s power to give directions s 883A — Legal effect of compensation rules s 883B — Enforcement of compensation rules s 883C — Other sources of funds for compensation s 883D — Payment of levies s 884A — Division 3 arrangements must generally only be changed in accordance with this Subdivision s 884B — Changing Division 3 arrangements—matters required to be dealt with in the compensation rules s 884C — Changing Division 3 arrangements—matters not required to be dealt with in the compensation rules s 885A — Purpose of this Subdivision s 885B — Requirements to be complied with for arrangements to be adequate s 885C — The losses to be covered s 885D — Certain losses that are not Division 3 losses s 885E — The amount of compensation s 885F — Method of payment of compensation s 885G — Making and determination of claims s 885H — The source of funds—general s 885I — Administration and monitoring s 885J — The losses to be covered—other matters to be taken into account s 886A — Only one claim in respect of the same loss s 886B — Regulations relating to fidelity funds s 887A — Markets to which this Division applies s 888A — The situations in which compensation may be claimed s 888B — Kinds of compensation available s 888C — Amount of compensation payable s 888D — Payment of compensation s 888E — Making and determination of claims s 888F — The SEGC has power to determine claims s 888G — Allowing a claim does not constitute an admission of any other liability s 888H — Claimant may apply to Court if claim disallowed s 888I — Non‑NGF property of the SEGC not available to meet claims s 888J — The SEGC may enter into contracts of insurance or indemnity s 888K — NGF may be used to acquire financial products to be transferred as compensation s 889A — Continuation of the National Guarantee Fund s 889B — Compensation to be provided out of the NGF s 889C — The SEGC to keep the NGF s 889D — What the NGF consists of s 889E — Power to borrow etc. for purposes of the NGF s 889F — Money borrowed and paid to the SEGC s 889G — Money borrowed and not paid to the SEGC s 889H — Payments out of the NGF s 889I — Minimum amount of the NGF s 889J — Levy by the SEGC s 889K — Levy by market operator s 890A — Minister to nominate the SEGC s 890B — The SEGC’s functions and powers s 890C — Delegation s 890D — Operating rules of the SEGC s 890E — Legal effect of the SEGC’s operating rules s 890F — Enforcement of the SEGC’s operating rules s 890G — Changing the SEGC’s operating rules s 890H — Disallowance of changes to the SEGC’s operating rules s 891A — Payment out of the NGF to prescribed body with arrangements covering clearing and settlement facility support s 891B — Markets operated by bodies corporate that become members of the SEGC—regulations may deal with transitional provisions and other matters s 891C — Regulations may make different provision in respect of different markets etc. s 892A — Meaning of Part 7.5 authority and Part 7.5 regulated fund s 892B — How Part 7.5 regulated funds are to be kept s 892C — Money in a Part 7.5 regulated fund may be invested s 892D — Powers of Part 7.5 authority to require production or delivery of documents or statements s 892E — Power to require assistance for purpose of dealing with a claim s 892F — Part 7.5 authority’s right of subrogation if compensation is paid s 892G — Excess money in Part 7.5 regulated funds s 892H — Accounting and reporting s 892I — Division 3 arrangements—reporting in situations where compensation does not come out of a Part 7.5 regulated fund s 892J — Regulations may provide for qualified privilege in respect of certain matters s 892K — Risk assessment report s 893A — Exemptions and modifications by regulations s 893B — Exemptions by ASIC s 900A — Derivatives and transactions etc. to which this Part applies s 901A — ASIC may make derivative transaction rules s 901B — Derivatives in relation to which rules may impose requirements s 901C — Regulations may limit the transactions in relation to which rules may impose requirements s 901D — Regulations may limit the persons on whom requirements may be imposed s 901E — Obligation to comply with derivative transaction rules s 901F — Alternatives to civil proceedings s 901G — Failure to comply with derivative transaction rules does not invalidate transaction etc. s 901H — Matters to which ASIC must have regard when making rules s 901J — ASIC to consult before making rules s 901K — Ministerial consent to rules required s 901L — Emergency rules: consultation and consent not required s 901M — Amendment and revocation of derivative transaction rules s 902A — ASIC to supervise licensed derivative trade repositories s 903A — ASIC may make derivative trade repository rules s 903B — Rules may only impose requirements on operators and officers of licensed derivative trade repositories s 903C — Regulations may limit how rules may deal with matters related to derivative trade data s 903D — Obligation to comply with derivative trade repository rules s 903E — Alternatives to civil proceedings s 903F — Matters to which ASIC has regard when making rules s 903G — ASIC to consult before making rules s 903H — Ministerial consent to rules required s 903J — Emergency rules: consultation and consent not required s 903K — Amendment and revocation of derivative trade repository rules s 904A — General obligations s 904B — Obligations relating to derivative trade data s 904C — Obligation to notify ASIC of certain matters s 904D — Obligation to assist ASIC, APRA and the Reserve Bank s 904E — Obligation to give ASIC access to derivative trade repository facilities s 904F — Minister’s power to give directions to licensee not complying with obligations s 904G — ASIC’s directions power—licensees not complying with their obligations s 904GA — Matters relating to ASIC directions—licensees not complying with their obligations s 904H — ASIC’s power to give directions requiring special reports s 904J — ASIC may assess licensee’s compliance s 904K — Directions relating to derivative trade data if repository ceases to be licensed s 904L — ASIC’s power to require expert report s 905A — Regulations may identify derivative trade repositories as being required to be licensed s 905B — How to apply for a licence s 905C — When a licence may be granted s 905D — Publication of notice of licence grant s 905E — More than one derivative trade repository covered by the same licence s 905F — The conditions on the licence s 905G — Varying licences s 905H — Immediate suspension or cancellation s 905J — Suspension or cancellation following hearing and report s 905K — Effect of suspension s 905L — Variation or revocation of suspension s 905M — Publication of notice of licence suspension or cancellation s 905N — Suspension and cancellation only in accordance with this Subdivision s 905P — Matters to be taken into account by ASIC s 906A — Regulations may impose obligations and confer powers s 907A — Other prohibitions on holding out s 907B — Making provision by reference to instruments as in force from time to time s 907C — Compliance with requirements to provide derivative trade data or other information: protection from liability s 907D — Exemptions by ASIC s 907E — Exemptions and modifications by regulations s 908AA — Simplified outline of this Part s 908AB — Meaning of financial benchmark s 908AC — Meaning of significant financial benchmark s 908AD — Emergency declarations: consultation and consent not required s 908AE — Notifying administrator about declarations s 908AF — ASIC to supervise financial benchmarks that are specified in benchmark administrator licences s 908AG — Extraterritorial application s 908BA — Administrators of significant financial benchmarks must be licensed s 908BB — Other prohibitions on holding out s 908BC — When a licence may be granted s 908BD — Applying for a licence s 908BE — More than one financial benchmark may be specified in the same licence s 908BF — Publishing details of licences s 908BG — Conditions, including varying and revoking conditions s 908BH — Varying licences s 908BI — Immediate suspension or cancellation s 908BJ — Suspension or cancellation following hearing and report s 908BK — Effect of suspension s 908BL — Varying or revoking a suspension s 908BM — Publishing details of suspensions or cancellations of licences s 908BN — Variations, suspensions or cancellations only in accordance with this Subdivision s 908BO — Matters to which ASIC must have regard s 908BP — General obligations s 908BQ — Obligation to notify ASIC of certain matters s 908BR — Obligation to assist ASIC, APRA and the Reserve Bank s 908BS — Obligation to give ASIC access to licensee’s facilities s 908BT — ASIC’s power to give directions to licensee not complying with obligations s 908BU — Minister may disallow all or part of an ASIC direction etc. s 908BV — ASIC’s power to give directions requiring reports s 908BW — ASIC may assess licensee’s compliance s 908BWA — ASIC’s power to require expert report s 908BX — Basis of licences s 908CA — ASIC may make financial benchmark rules s 908CB — Main permitted matters that may be dealt with in the rules s 908CC — Other permitted matters that may be dealt with in the rules s 908CD — ASIC may make compelled financial benchmark rules s 908CE — Permitted powers and matters that may be dealt with in the rules s 908CF — Obligation to comply with each set of rules s 908CG — Alternatives to civil proceedings s 908CH — Infringement notices s 908CI — Enforceable undertakings s 908CJ — Protection from liability for compliance in good faith s 908CK — Matters to which ASIC has regard when making rules s 908CL — ASIC to consult before making rules s 908CM — Ministerial consent to rules required s 908CN — Emergency rules: consultation and consent not required s 908CO — Requirements s 908CP — Regulations may limit how rules may deal with certain matters s 908CQ — Varying or revoking the rules s 908DA — Manipulation of financial benchmarks s 908DB — False or misleading statements or information that could affect financial benchmarks s 908DC — Penalties for offences against this Division s 908DD — Geographical scope of offences and civil penalty provisions s 908EA — Making provision by referring to instruments as in force from time to time s 908EB — Exemptions by the regulations or by ASIC s 910A — Meaning of some terms relating to licensing of providers of financial services s 910B — Meaning of control s 910C — Meaning of linked to a refusal or failure to give effect to a determination made by AFCA s 910D — Insurance fulfilment providers taken to be acting on behalf of financial services licensees s 911A — Need for an Australian financial services licence s 911B — Providing financial services on behalf of a person who carries on a financial services business s 911C — Prohibition on holding out s 911D — When a financial services business is taken to be carried on in this jurisdiction s 912A — General obligations s 912B — Arrangements for compensation if financial services provided to persons as retail clients s 912C — Direction to provide a statement s 912CA — Regulations may require information to be provided s 912D — Meaning of reportable situation s 912DAA — Obligation to lodge a report—reportable situations in relation to the financial services licensee s 912DAB — Obligation to lodge a report—reportable situations in relation to other financial services licensees s 912DAC — Obligation to give notice—participants in licensed market or licensed CS facility s 912DAD — ASIC must publish details of certain reports s 912DA — Obligation to notify ASIC of change in control s 912DB — Obligation to notify ASIC if licensee does not provide financial service s 912E — Surveillance checks by ASIC s 912EA — Reporting to clients affected by a reportable situation s 912EB — Obligation to investigate reportable situations that may affect clients s 912EC — Obligation to keep records of compliance s 912F — Obligation to cite licence number in documents s 913A — Applying for a licence s 913B — When a licence may be granted s 913BA — Fit and proper person test s 913BB — Fit and proper person test—matters to which ASIC must have regard s 913C — Licence numbers s 914A — The conditions on the licence s 914B — ASIC may request information etc. in relation to an application for conditions to be varied s 915A — Varying licences s 915B — Immediate suspension or cancellation s 915C — Suspension or cancellation after offering a hearing s 915D — Effect of suspension s 915E — Revocation of suspension s 915F — Date of effect and publication of cancellation or suspension s 915G — Statement of reasons s 915H — ASIC may allow licence to continue in effect s 915I — Special procedures for APRA‑regulated bodies s 915J — Variation, suspension and cancellation only under this Subdivision s 916A — How representatives are authorised s 916B — Sub‑authorisations s 916C — Authorised representative of 2 or more licensees s 916D — Licensees cannot authorise other licensees s 916E — Licensees acting under a binder s 916F — Obligation to notify ASIC etc. about authorised representatives s 916G — ASIC may give licensee information about representatives s 917A — Application of Division s 917B — Responsibility if representative of only one licensee s 917C — Representatives of multiple licensees s 917D — Exception if lack of authority is disclosed to client s 917E — Responsibility extends to loss or damage suffered by client s 917F — Effect of Division s 920A — ASIC’s power to make a banning order s 920B — What a banning order prohibits s 920C — Effect of banning orders s 920D — Variation or cancellation of banning orders s 920E — Date of effect and publication of banning order, variation or cancellation s 920F — Statement of reasons s 921A — Disqualification by the Court s 921B — Meaning of education and training standards s 921BA — Relevant providers to meet education and training standards s 921BB — Additional requirements for relevant providers who provide tax (financial) advice services s 921BC — Exemptions for certain relevant providers s 921C — Limitation on authorisation to provide personal advice unless conditions met s 921E — Code of Ethics s 921F — Requirements relating to provisional relevant providers s 921G — Approval of foreign qualifications s 921GA — Approval of domestic qualifications s 921H — Modifications of Part in relation to continuing professional development s 921K — Power of Financial Services and Credit Panels to take action against relevant providers s 921L — Instruments that Financial Services and Credit Panels may make in relation to relevant providers s 921M — Copy of instrument to be given to affected person etc. s 921N — Variation or revocation of instruments made in relation to relevant providers s 921P — Proposed action notice s 921Q — Recommendations to ASIC in relation to restricted civil penalty provisions s 921R — Notices to Tax Practitioners Board about qualified tax relevant providers who are registered tax agents s 921S — Warnings and reprimands by ASIC s 921T — Warnings and reprimands by Financial Services and Credit Panels s 921U — Fit and proper person test for relevant providers s 921V — Review of decisions etc. s 921W — Electronic communication of documents given by Financial Services and Credit Panels etc. s 921X — Electronic communication of documents given to Financial Services and Credit Panels etc. s 921Y — Unregistered relevant providers not to provide personal advice s 921Z — Financial services licensees not to continue to authorise unregistered relevant providers to provide personal advice s 921ZA — Application for registration—relevant providers who are financial services licensees applying to be registered s 921ZB — Application for registration—financial services licensees applying to register relevant providers s 921ZC — Registration of relevant providers s 921ZD — Period of registration—relevant providers who are financial services licensees s 921ZE — Period of registration—relevant providers who are registered in relation to financial services licensees s 921ZF — Assisted decision making s 922A — Registers relating to financial services s 922B — Fees for searching registers s 922D — Obligation to notify ASIC about a person who becomes a relevant provider s 922E — Information about a relevant provider who is a financial services licensee s 922F — Information about a relevant provider who is not a financial services licensee s 922G — Meaning of recent advising history s 922H — Ongoing obligation to notify ASIC when there is a change in a matter for a relevant provider s 922HA — Obligation to notify ASIC of financial services licensee’s CPD year s 922HB — Obligation to notify ASIC of non‑compliance with CPD provisions s 922HC — Requirement to retain information s 922J — Obligation to notify ASIC about a person who starts to have control of a body corporate licensee s 922K — Obligation to notify ASIC about a person who ceases to have control of a body corporate licensee s 922L — Requirement for notice to be lodged s 922M — Failing to comply with obligation to notify ASIC s 922N — Obligation for relevant providers to provide information to financial services licensees s 922P — Change in matter within 30 business days s 922Q — Register of Relevant Providers s 922R — Relevant provider number s 922S — Correcting the Register s 923A — Restriction on use of certain words or expressions s 923B — Restriction on use of certain words or expressions unless authorised in licence conditions s 923C — Restriction on use of terms “financial adviser” and “financial planner” s 924A — Agreements with certain unlicensed persons s 925A — Client may give notice of rescission s 925B — Effect of notice under section 925A s 925C — Client may apply to Court for partial rescission s 925D — Court may make consequential orders s 925E — Agreement unenforceable against client s 925F — Non‑licensee not entitled to recover commission s 925G — Onus of establishing non‑application of section 925E or 925F s 925H — Client may recover commission paid to non‑licensee s 925I — Remedies under this Division additional to other remedies s 926A — Exemptions and modifications by ASIC s 926B — Exemptions and modifications by regulations s 940A — How Part applies if a financial services licensee is acting as authorised representative s 940B — What if there is no reasonable opportunity to give a document, information or statement required by this Part? s 940C — How documents, information and statements are to be given s 940D — General approach to offence provisions s 941A — Obligation on financial services licensee to give a Financial Services Guide if financial service provided to person as a retail client s 941B — Obligation on authorised representative to give a Financial Services Guide if financial service provided to person as a retail client s 941C — Situations in which a Financial Services Guide is not required s 941D — Timing of giving Financial Services Guide s 941E — Information must be up to date s 941F — Obligation to give updated Financial Services Guide s 942A — Title of Financial Services Guide s 942B — Financial Services Guide given by financial services licensee—main requirements s 942C — Financial Services Guide given by authorised representative—main requirements s 942D — Financial Services Guide may consist of 2 or more separate documents given at same time s 942DA — Combining a Financial Services Guide and a Product Disclosure Statement in a single document s 942E — Altering a Financial Services Guide after its preparation and before giving it to a person s 943A — What a Supplementary Financial Services Guide is s 943B — Title of Supplementary Financial Services Guide s 943C — Form of Supplementary Financial Services Guide s 943D — Effect of giving a person a Supplementary Financial Services Guide s 943E — Situation in which only a Supplementary Financial Services Guide need be given s 943F — Altering a Supplementary Financial Services Guide after its preparation and before giving it to a person s 943G — Obligation on financial services licensee to make website disclosure information available s 943H — Obligation on authorised representative to make website disclosure information available s 943J — Meaning of website disclosure information s 943K — Website disclosure information must be readily accessible s 943L — Website disclosure information must be kept up to date s 943M — Altering website disclosure information after it has been made available s 943N — Record of advice must be provided in certain circumstances s 944A — Situation in which Division applies s 946A — Obligation to give client a Statement of Advice s 946AA — Small investments—Statement of Advice not required s 946B — Other situations in which a Statement of Advice is not required s 946C — Timing of giving Statement of Advice s 947A — Title of Statement of Advice s 947B — Statement of Advice given by financial services licensee—main requirements s 947C — Statement of Advice given by authorised representative—main requirements s 947D — Additional requirements when advice recommends replacement of one product with another s 947E — Statement of Advice not to be combined with Financial Services Guide or Product Disclosure Statement s 948A — Qualified privilege if providing entity complies with this Division s 948B — Situation in which this Division applies s 948C — Obligation to give client a Cash Settlement Fact Sheet s 948D — Timing for giving a Cash Settlement Fact Sheet s 948E — Title of Cash Settlement Fact Sheet s 948F — Content of Cash Settlement Fact Sheet s 949A — General advice provided to retail client—obligation to warn client that advice does not take account of client’s objectives, financial situation or needs s 949B — Regulations may impose disclosure requirements in certain situations s 951A — Part cannot be contracted out of s 951B — Exemptions and modifications by ASIC s 951C — Exemptions and modifications by regulations s 952A — Overview s 952B — Meaning of defective and disclosure document or statement s 952C — Offence of failing to give a disclosure document or statement s 952D — Offence of giving a disclosure document or statement knowing it to be defective s 952E — Giving a defective disclosure document or statement (whether or not known to be defective) s 952F — Offences of financial services licensee knowingly providing defective disclosure material to an authorised representative s 952G — Offences of financial services licensee providing disclosure material to an authorised representative (whether or not known to be defective) s 952H — Financial services licensee failing to ensure authorised representative gives disclosure documents or statements as required s 952I — Offences if a Financial Services Guide, Supplementary FSG or website disclosure information does not comply with certain requirements s 952J — Offence if a Statement of Advice does not comply with certain requirements s 952JA — Offence if a Cash Settlement Fact Sheet does not comply with certain requirements s 952K — Offence if authorised representative gives out unauthorised Financial Services Guide, Supplementary FSG or website disclosure information s 952L — Offences if financial services licensee or authorised representative becomes aware that a Financial Services Guide, Supplementary FSG or website disclosure information is defective s 952M — Offence of unauthorised alteration of Financial Services Guide, Supplementary Financial Services Guide or website disclosure information s 953A — Meaning of defective and disclosure document or statement s 953B — Civil action for loss or damage s 953C — Additional powers of court to make orders s 960A — No contracting out s 960B — Obligations under this Part in addition to other obligations s 961 — Application of this Division s 961A — Application to a financial services licensee acting as an authorised representative s 961B — Provider must act in the best interests of the client s 961C — Meaning of reasonably apparent s 961D — Meaning of reasonable investigation s 961E — What would reasonably be regarded as in the best interests of the client? s 961F — Meaning of basic banking product s 961G — Resulting advice must be appropriate to the client s 961H — Resulting advice still based on incomplete or inaccurate information s 961J — Conflict between client’s interests and those of provider, licensee, authorised representative or associates s 961K — Civil penalty provision—sections 961B, 961G, 961H and 961J s 961L — Licensees must ensure compliance s 961M — Civil action for loss or damage s 961N — Additional powers of Court to make orders s 961P — Meaning of responsible licensee s 961Q — Civil penalty provision—sections 961B, 961G, 961H and 961J s 962 — Application of this Division s 962A — Meaning of ongoing fee arrangement s 962B — Meaning of ongoing fee s 962C — Meaning of fee recipient s 962F — Ongoing fee arrangement terminates without consent s 962G — Requirements for consent s 962H — When consent ceases to have effect s 962J — Client may terminate ongoing fee arrangement at any time s 962R — Fee recipient must not deduct ongoing fees without consent s 962S — Fee recipient must not arrange for deduction of ongoing fees without consent or accept such deductions s 962T — Requirements for consent—deduction of fees from accounts s 962U — Variation or withdrawal of consent s 962V — When consent ceases to have effect s 962W — Conditions requiring consent to be given are void s 962WA — Ongoing fee arrangement terminates if fee deducted without consent s 962X — Obligation to keep records of compliance s 962Y — Form for consents s 962YA — Combining information in a single notice or form s 962Z — Civil penalty provision—charging ongoing fees after arrangement terminated s 962ZA — Effect of termination s 963 — Application to a financial services licensee acting as an authorised representative s 963A — Meaning of conflicted remuneration—general s 963AA — Benefits given in relation to life risk insurance products s 963B — Monetary benefit given in certain circumstances not conflicted remuneration s 963BA — Meaning of benefit ratio requirements and clawback requirements s 963BB — Informed consent for certain insurance commissions s 963C — Non‑monetary benefit given in certain circumstances not conflicted remuneration s 963E — Licensee must not accept conflicted remuneration s 963F — Licensee must ensure compliance s 963G — Authorised representative must not accept conflicted remuneration s 963H — Other representatives must not accept conflicted remuneration s 963J — Employer must not give employees conflicted remuneration s 963K — Product issuer or seller must not give conflicted remuneration s 963L — Volume‑based benefits presumed to be conflicted remuneration s 963M — Person covered by this section in relation to conflicted remuneration s 963N — Regulations may provide for rebate of conflicted remuneration s 963P — Person covered by section 963M must pay amount etc. in accordance with regulations s 964 — Application s 964A — Platform operator must not accept volume‑based shelf‑space fees s 964B — Application s 964C — Application to a financial services licensee acting as an authorised representative s 964D — Financial services licensees must not charge asset‑based fees on borrowed amounts s 964E — Authorised representatives must not charge asset‑based fees on borrowed amounts s 964F — Meaning of asset‑based fee s 964G — Meaning of borrowed s 964H — Meaning of reasonably apparent s 965 — Anti‑avoidance s 980A — Matters covered by this Part s 980B — General approach to offence provisions s 981A — Money to which Subdivision applies s 981B — Obligation to pay money into an account s 981C — Regulations may deal with various matters relating to accounts maintained for the purposes of section 981B s 981D — Money related to derivatives may be used for general margining etc. purposes s 981E — Protection of money from attachment etc. s 981F — Regulations may deal with how money to be dealt with if licensee ceases to be licensed etc. s 981G — Account provider not liable merely because of licensee’s contravention s 981H — Money to which Subdivision applies taken to be held in trust s 981J — Client money reporting rules s 981K — Matters that may be dealt with in client money reporting rules s 981L — ASIC to consult before making rules s 981M — Complying with client money reporting rules s 981N — Alternatives to civil proceedings s 981P — Compliance with requirements to provide data or other information to ASIC: protection from liability s 982A — Money to which this Subdivision applies s 982B — Obligation to pay money into an account s 982C — Licensee to give client statement setting out terms of loan etc. s 982D — Permitted use of loan s 983A — Court may freeze certain accounts s 983B — Interim order freezing accounts s 983C — Duty of person to whom order directed to make full disclosure s 983D — Further orders and directions s 983E — Power of Court to make order relating to payment of money s 984A — Property to which Division applies s 984B — How property to which this Division applies is to be dealt with s 985A — Meaning of contract of insurance and insured s 985B — Status of amounts paid to financial services licensees in respect of contracts of insurance s 985C — Regulations may impose other requirements etc. if financial services licensee is not the insurer s 985D — Financial services licensees etc. not to deal in general insurance products from unauthorised insurers etc. s 985EA — Application of this Subdivision s 985E — Requirements before issuing etc. margin lending facility s 985F — Assessment of unsuitability of margin lending facility s 985G — Reasonable inquiries etc. about the retail client s 985H — When margin lending facility must be assessed as unsuitable s 985J — Giving the retail client the assessment s 985K — Unsuitable margin lending facilities s 985L — Issue of margin lending facility must not be conditional on agreement to receive communications through agent s 985M — Notification of margin calls s 986A — Reporting in relation to money to which Subdivision A or B of Division 2 applies or property to which Division 3 applies s 986B — Reporting in relation to dealings in derivatives s 987A — Application of Division s 988A — Obligation to keep financial records s 988B — Records to be kept so that profit and loss statements and balance sheet can be prepared and audited s 988C — Language of records s 988D — Location of records s 988E — Particular categories of information to be shown in records s 988F — Regulations may impose additional requirements s 988G — Records taken to be made with licensee’s authority s 989B — Financial services licensee to prepare and lodge annual profit and loss statement and balance sheet s 989C — Requirements as to contents and applicable accounting principles s 989CA — Audit to be conducted in accordance with auditing standards s 989D — Time of lodgment s 990A — Sections 990B to 990H not to apply to public companies s 990B — Appointment of auditor by licensee s 990C — When a person or firm is ineligible to act as auditor s 990D — Ineligible person or firm must not consent to act or disqualify themselves etc. s 990E — Duration of appointment of auditors s 990F — Removal of auditors s 990G — Resignation of auditors—requirements for resignation s 990H — Resignation of auditors—when resignation takes effect s 990I — Auditor’s right of access to records, information etc. s 990J — Auditor’s fees and expenses s 990K — Auditor to report on certain matters s 990L — Qualified privilege for auditor etc. s 991A — Financial services licensee not to engage in unconscionable conduct s 991B — Financial services licensee to give priority to clients’ orders s 991C — Regulations may deal with various matters relating to instructions to deal through licensed markets s 991D — Regulations may require records to be kept in relation to instructions to deal on licensed markets and foreign markets s 991E — Obligations of financial services licensee in relation to dealings with non‑licensees s 991F — Dealings involving employees of financial services licensees s 992A — Prohibition on hawking of financial products s 992AA — Right of return and refund for hawked financial products s 992B — Exemptions and modifications by ASIC s 992C — Exemptions and modifications by regulations s 993A — Overview s 993B — Offence of failing to pay client money into an account as required s 993C — Offence of failing to comply with requirements relating to client money account s 993D — Failing to pay loan money into an account as required s 994A — Meaning of some terms relating to design and distribution requirements s 994AA — Meaning of financial product—Part 7.8A s 994B — Target market determinations for financial products s 994C — Target market determinations to be reviewed s 994D — Prohibition on engaging in retail product distribution conduct unless target market determination made s 994E — Reasonable steps to ensure consistency with target market determinations s 994F — Record keeping and notification obligations s 994G — Notice to ASIC s 994H — Information to be provided to ASIC s 994J — Stop orders s 994L — Exemptions and modifications by ASIC s 994M — Civil liability s 994N — Additional powers of court to make orders s 994P — Orders to redress loss or damage suffered by non‑party consumers etc. s 994Q — Kinds of orders that may be made to redress loss or damage suffered by non‑party consumers etc. s 1010A — Part generally does not apply to securities s 1010B — Part does not apply to financial products not issued in the course of a business s 1010BA — Part does not apply to contribution plans and ESS contribution plans s 1010C — Meaning of offer, purchase and sale—Part 7.9 s 1010D — General approach to offence provisions s 1011A — Jurisdictional scope of Division s 1011B — Meaning of regulated person s 1011C — Treatment of offers of options over financial products s 1012A — Obligation to give Product Disclosure Statement—personal advice recommending particular financial product s 1012B — Obligation to give Product Disclosure Statement—situations related to issue of financial products s 1012C — Obligation to give Product Disclosure Statement—offers related to sale of financial products s 1012D — Situations in which Product Disclosure Statement is not required s 1012DAA — Rights issues for which Product Disclosure Statement is not required s 1012DA — Product Disclosure Statement not required for sale amounting to indirect issue s 1012E — Small scale offerings of managed investment and other prescribed financial products (20 issues or sales in 12 months) s 1012F — Product Disclosure Statement for certain superannuation products may be provided later s 1012G — Product Disclosure Statement may sometimes be provided later s 1012GA — Product Disclosure Statement for certain general insurance product quotes may be provided later, or is not required s 1012H — Obligation to take reasonable steps to ensure that Product Disclosure Statement is given to person electing to be covered by group financial product s 1012I — Obligation to give employer a Product Disclosure Statement in relation to certain superannuation products and RSAs s 1012IA — Treatment of arrangements under which a person can instruct another person to acquire a financial product s 1012J — Information must be up to date s 1012K — Anti‑avoidance determinations s 1013A — Who must prepare Product Disclosure Statement s 1013B — Title of Product Disclosure Statement s 1013C — Product Disclosure Statement content requirements s 1013D — Product Disclosure Statement content—main requirements s 1013DA — Information about ethical considerations etc. s 1013E — General obligation to include other information that might influence a decision to acquire s 1013F — General limitations on extent to which information is required to be included s 1013FA — Information not required to be included in PDS for continuously quoted securities s 1013G — Product Disclosure Statement must be dated s 1013GA — Extra requirements if Product Disclosure Statement relates to foreign passport fund products s 1013H — Requirements if Product Disclosure Statement states or implies that financial product will be able to be traded s 1013I — Extra requirements if Product Disclosure Statement relates to managed investment products that are ED securities s 1013IA — Extra requirements if Product Disclosure Statement relates to foreign passport fund products that are ED securities s 1013J — Requirements if Statement has been lodged with ASIC s 1013K — Requirements relating to consents to certain statements s 1013L — Product Disclosure Statement may consist of 2 or more separate documents given at same time s 1013M — Combining a Product Disclosure Statement and a Financial Services Guide in a single document s 1014A — Meaning of Supplementary Product Disclosure Statement s 1014B — Title of Supplementary Product Disclosure Statement s 1014C — Form of Supplementary Product Disclosure Statement s 1014D — Effect of giving person a Supplementary Product Disclosure Statement s 1014E — Situation in which only a Supplementary Product Disclosure Statement need be given s 1014F — Application of other provisions in relation to Supplementary Product Disclosure Statements s 1014G — Application of this Subdivision—stapled securities s 1014H — Meaning of Replacement Product Disclosure Statement s 1014J — Consequences of lodging a Replacement Product Disclosure Statement s 1014K — Form, content and preparation of Replacement Product Disclosure Statements s 1014L — Giving, lodgment and notice of Replacement Product Disclosure Statements s 1015A — Subdivision applies to Product Disclosure Statements and Supplementary Product Disclosure Statements s 1015B — Some Statements must be lodged with ASIC s 1015C — How a Statement is to be given s 1015D — Notice, retention and access requirements for Statement that does not need to be lodged s 1015E — Altering a Statement after its preparation and before giving it to a person s 1016A — Provisions relating to use of application forms s 1016B — If Statement lodged with ASIC, financial product is not to be issued or sold before specified period s 1016C — Minimum subscription condition must be fulfilled before issue or sale s 1016D — Condition about ability to trade on a market must be fulfilled before issue or sale s 1016E — Choices open to person making the offer if disclosure condition not met or Product Disclosure Statement defective s 1016F — Remedies for person acquiring financial product under defective Product Disclosure Document s 1017A — Obligation to give additional information on request s 1017B — Ongoing disclosure of material changes and significant events s 1017BA — Trustees of regulated superannuation funds—obligation to make product dashboard publicly available s 1017BB — Trustees of registrable superannuation entities—obligation to make information relating to investment of assets publicly available s 1017C — Information for existing holders of superannuation products and RSAs s 1017D — Periodic statements for retail clients for financial products that have an investment component s 1017DA — Trustees of superannuation entities—regulations may specify additional obligations to provide information s 1017E — Dealing with money received for financial product before the product is issued s 1017F — Confirming transactions s 1017G — Certain product issuers and regulated persons must meet appropriate dispute resolution requirements s 1018A — Advertising or other promotional material for financial product must refer to Product Disclosure Statement s 1018B — Prohibition on advertising personal offers covered by section 1012E s 1019A — Situations in which this Division applies s 1019B — Cooling‑off period for return of financial product s 1019D — Offers to which this Division applies s 1019E — How offers are to be made s 1019F — Prohibition on inviting offers to sell s 1019G — Duration and withdrawal of offers s 1019H — Terms of offer cannot be varied s 1019I — Contents of offer document s 1019J — Obligation to update market value s 1019K — Rights if requirements of Division not complied with s 1020AAA — Treatment of transactions relating to section 1020B products s 1020AA — Meaning of securities lending arrangement s 1020AB — Seller disclosure s 1020AC — Licensee disclosure s 1020AD — Public disclosure of information s 1020AE — Licensee’s obligation to ask seller about short sale s 1020AF — Regulations s 1020AG — Jurisdictional scope of Division s 1020AH — Meaning of CGS depository interest information website, information statement and regulated person s 1020AI — Requirement to give information statements for CGS depository interest if recommending acquisition of interest s 1020AJ — Information statement given must be up to date s 1020AK — How an information statement is to be given s 1020AL — Civil action for loss or damage s 1020A — Offers etc. relating to certain managed investment schemes not to be made in certain circumstances s 1020BAA — Offers etc. relating to foreign passport funds not to be made in certain circumstances s 1020B — Prohibition of certain short sales of securities, managed investment products, foreign passport fund products and certain other financial products s 1020D — Part cannot be contracted out of s 1020E — Stop orders by ASIC s 1020F — Exemptions and modifications by ASIC s 1020G — Exemptions and modifications by regulations s 1021A — Overview s 1021B — Meaning of defective and disclosure document or statement s 1021C — Offence of failing to give etc. a disclosure document or statement s 1021D — Offence of preparer of defective disclosure document or statement giving the document or statement knowing it to be defective s 1021E — Preparer of defective disclosure document or statement giving the document or statement (whether or not known to be defective) s 1021F — Offence of regulated person (other than preparer) giving disclosure document or statement knowing it to be defective s 1021FA — Paragraph 1012G(3)(a) obligation—offences relating to communication of information s 1021FB — Paragraph 1012G(3)(a) obligation—offences relating to information provided by product issuer for communication by another person s 1021G — Financial services licensee failing to ensure authorised representative gives etc. disclosure documents or statements as required s 1021H — Offences if a Product Disclosure Statement (or Supplementary PDS) does not comply with certain requirements s 1021I — Offence of giving disclosure document or statement that has not been prepared by the appropriate person s 1021J — Offences if preparer etc. of disclosure document or statement becomes aware that it is defective s 1021K — Offence of unauthorised alteration of Product Disclosure Statement (or Supplementary PDS) s 1021L — Offences of giving, or failing to withdraw, consent to inclusion of defective statement s 1021M — Offences relating to keeping and providing copies of Product Disclosure Statements (or Supplementary PDSs) s 1021N — Offence of failing to provide additional information requested under section 1017A s 1021NA — Offences relating to obligation to make product dashboard publicly available s 1021NB — Offences relating to obligation to make superannuation investment information publicly available s 1021O — Offences of issuer or seller of financial product failing to pay money into an account as required s 1021P — Offences relating to offers to which Division 5A applies s 1022A — Meaning of defective and disclosure document or statement s 1022B — Civil action for loss or damage s 1022C — Additional powers of court to make orders s 1023A — Object s 1023B — Meaning of financial product—Part 7.9A s 1023C — Application of product intervention orders s 1023D — ASIC may make product intervention orders s 1023E — Significant detriment to retail clients s 1023F — ASIC to consult before making product intervention orders s 1023G — Commencement and duration of product intervention orders s 1023H — Extension of product intervention orders s 1023J — Amendment of product intervention orders s 1023K — Revocation of product intervention orders s 1023L — ASIC to issue public notice of product intervention orders s 1023M — Remaking product intervention orders s 1023N — Product intervention orders may require notification s 1023P — Enforcement of product intervention orders s 1023Q — Civil liability s 1023R — Additional powers of court to make orders s 1023S — Avoidance schemes—prohibition s 1023T — Avoidance schemes—presumption of avoidance for certain schemes in civil cases s 1023U — Avoidance schemes—exemption by ASIC s 1040A — Content of Part s 1040B — Treat certain instruments as if they were financial products and Division 3 financial products s 1041A — Market manipulation s 1041B — False trading and market rigging—creating a false or misleading appearance of active trading etc. s 1041C — False trading and market rigging—artificially maintaining etc. trading price s 1041D — Dissemination of information about illegal transactions s 1041E — False or misleading statements s 1041F — Inducing persons to deal s 1041G — Dishonest conduct s 1041H — Misleading or deceptive conduct (civil liability only) s 1041I — Civil action for loss or damage for contravention of sections 1041E to 1041H s 1041J — Sections of this Division have effect independently of each other s 1041K — Division applies to certain conduct to the exclusion of State Fair Trading Acts provisions s 1041L — Application of Division s 1041M — Certain concurrent wrongdoers not to have benefit of apportionment s 1041N — Proportionate liability for apportionable claims s 1041O — Defendant to notify plaintiff of concurrent wrongdoer of whom defendant aware s 1041P — Contribution not recoverable from defendant s 1041Q — Subsequent actions s 1041R — Joining non‑party concurrent wrongdoer in the action s 1041S — Application of Division s 1042A — Meaning of some terms relating to the insider trading prohibitions s 1042B — Application of Division s 1042C — Meaning of generally available s 1042D — Meaning of material effect s 1042E — Meaning of able to be traded s 1042F — Meaning of procure s 1042G — Information in possession of officer of body corporate s 1042H — Information in possession of partner or employee of partnership s 1043A — Prohibited conduct by person in possession of inside information s 1043B — Exception for withdrawal from registered scheme or notified foreign passport fund s 1043C — Exception for underwriters s 1043D — Exception for acquisition pursuant to legal requirement s 1043E — Exception for information communicated pursuant to a legal requirement s 1043F — Chinese wall arrangements by bodies corporate s 1043G — Chinese wall arrangements by partnerships etc. s 1043H — Exception for knowledge of person’s own intentions or activities s 1043I — Exception for bodies corporate s 1043J — Exception for officers or agents of body corporate s 1043K — Transactions by holder of financial services licence or a representative of the holder of such a licence s 1043L — A specific situation in which a compensation order under section 1317HA may be made s 1043M — Defences to prosecution for an offence s 1043N — Relief from civil liability s 1043O — Powers of Court s 1044A — General defence or relief for publishers s 1044B — Limit on liability for misleading or deceptive conduct s 1045A — Exemptions and modifications by regulations s 1050 — Minister may authorise an external dispute resolution scheme s 1051 — Mandatory requirements s 1051A — General considerations s 1052 — Obligation to comply with mandatory requirements s 1052A — ASIC may issue regulatory requirements s 1052B — Directions to increase limits on the value of claims s 1052BA — Directions to ensure sufficient financing s 1052C — General directions to AFCA s 1052D — Approval of material changes to the AFCA scheme s 1052E — Referring matters to appropriate authorities s 1053 — Meaning of superannuation complaint s 1053A — Persons taken to be members of regulated superannuation funds, AFCA regulated superannuation schemes and approved deposit funds and holders of RSAs s 1053B — This Division does not restrict ability to make other complaints s 1054 — Power to join other parties to superannuation complaint s 1054A — Power to obtain information and documents s 1054B — Power to require attendance at conciliation conferences s 1054BA — Power to give directions s 1054C — Reference of questions of law to Federal Court s 1055 — Making a determination s 1055A — AFCA to give reasons s 1055B — Operation of determination of superannuation complaint s 1055C — Evidence of determination of superannuation complaint s 1055D — Compliance with determinations under the AFCA scheme s 1056 — When superannuation complaint cannot be made in relation to decision about the payment of death benefit s 1056A — Joining persons to complaints relating to death benefit decisions s 1057 — Appeals to the Federal Court from determination of superannuation complaint s 1057A — Operation and implementation of determination that is subject to appeal s 1057B — Sending of documents to, and disclosure of documents by, the Federal Court s 1058 — Secrecy s 1058A — Authorised use or disclosure of information s 1058B — AFCA reporting to CSLR operator s 1059 — Establishment of the scheme s 1060 — Minister may authorise an operator of the scheme s 1061 — Minister may appoint independent member s 1062 — Mandatory requirements s 1063 — Compensation payments s 1064 — Eligibility for compensation payments s 1065 — Meaning of relevant AFCA determination s 1066 — Applications for compensation payments s 1067 — Amount of compensation payments s 1068 — Offer of compensation payments s 1069 — Acceptance of offer of compensation payments s 1069A — CSLR operator’s right of subrogation if compensation is paid s 1069B — Payment of AFCA’s unpaid fees s 1069C — Payment of AFCA’s accumulated unpaid fees s 1069D — Power to obtain information and documents s 1069E — Authorised use or disclosure of information s 1069F — Reporting by CSLR operator s 1069G — Publishing reports s 1069H — Ministerial determination s 1069J — Obligation to comply with mandatory requirements s 1069K — ASIC may issue regulatory requirements s 1069L — General directions to CSLR operator s 1069M — Costs for first levy period s 1069N — Payment to the CSLR operator of amount for the first levy period for the scheme s 1069P — Payment to the CSLR operator of amounts equal to levy s 1069Q — Application of money by CSLR operator s 1069R — Investment by CSLR operator s 1069S — Recovery of overpayments s 1070A — Nature of shares and certain other interests in a company or registered scheme s 1070B — Numbering of shares s 1070C — Matters to be specified in share certificate s 1070D — Loss or destruction of title documents for certain securities s 1071A — Application of the Subdivision to certain securities s 1071B — Instrument of transfer s 1071C — Occupation need not appear in transfer document, register etc. s 1071D — Registration of transfer at request of transferor s 1071E — Notice of refusal to register transfer s 1071F — Remedy for refusal to register transfer or transmission s 1071G — Certification of transfers s 1071H — Duties of company with respect to issue of certificates s 1072A — Transmission of shares on death (replaceable rule—see section 135) s 1072B — Transmission of shares on bankruptcy (replaceable rule—see section 135) s 1072C — Rights of trustee of estate of bankrupt shareholder s 1072D — Transmission of shares on mental incapacity (replaceable rule—see section 135) s 1072E — Trustee etc. may be registered as owner of shares s 1072F — Registration of transfers (replaceable rule—see section 135) s 1072G — Additional general discretion for directors of proprietary companies to refuse to register transfers (replaceable rule—see section 135) s 1072H — Notices relating to non‑beneficial and beneficial ownership of shares s 1073A — Application of the Division to certain securities s 1073B — Meaning of transfer s 1073C — Application of Division to certain bodies as if they were companies s 1073D — Regulations may govern transfer of certain securities s 1073E — ASIC may extend regulations to securities not otherwise covered s 1073F — Operation of this Division and regulations made for its purposes s 1074A — Financial products to which this Division applies s 1074C — Operating rules of prescribed CS facility may deal with transfer of title s 1074D — Valid and effective transfer if operating rules complied with s 1074E — Regulations may govern transfer of financial products in accordance with operating rules of prescribed CS facility s 1074F — Issuer protected from civil liability for person’s contravention of prescribed CS facility’s certificate cancellation rules s 1074G — Operation of this Division and regulations made for its purposes s 1075A — ASIC’s power to exempt and modify s 1100A — Qualified privilege for information given to ASIC s 1100B — Qualified privilege for the conduct of market licensees and CS facility licensees s 1100C — Qualified privilege for information given to market licensees and CS facility licensees etc. s 1100D — Extension of protections given by this Division s 1100E — Simplified outline of this Division s 1100F — Geographical coverage of Division s 1100G — Offers and invitations both covered s 1100H — Person offering interests s 1100J — Offers may also be made in reliance on section 708 or 1012D s 1100K — Financial markets recognised under this Division s 1100L — Meaning of employee share scheme s 1100M — Meaning of ESS interest s 1100N — Offers that are eligible to be made under this Division s 1100P — Offers for no monetary consideration s 1100Q — Offers for monetary consideration s 1100R — Offers that would otherwise not need disclosure s 1100S — Requirements for trusts s 1100T — Meaning of ESS contribution plan s 1100U — Requirements for connected loans s 1100V — Issue cap for offers involving consideration s 1100W — Disclosure requirements for offers involving consideration s 1100X — Additional disclosure requirements for offers by unlisted bodies corporate s 1100Y — Terms of the offer—disclosure etc. s 1100Z — Terms of the offer—misleading statements and omissions s 1100ZA — Monetary cap for offers by unlisted bodies corporate s 1100ZB — Amounts that are excluded from the monetary cap s 1100ZC — Making offers under this Division s 1100ZD — Regulatory relief for certain subsequent sale offers of ESS interests s 1100ZE — Dealing with money received before ESS interest is issued s 1100ZF — Dealing with money received before liquidity period s 1100ZG — Revocation of regulatory relief in certain circumstances s 1100ZH — Misstatement in, or omission from, disclosure information s 1100ZI — Misstatement in, or omission from, financial information for options and incentive rights s 1100ZJ — Obligation to inform person about deficiencies in disclosure documents s 1100ZK — ASIC’s power to make exemptions and declare modifications etc. in relation to this Division s 1100ZL — ASIC stop orders s 1100ZM — ASIC’s power to request documents s 1101A — Approved codes of conduct s 1101AA — Variations to approved codes of conduct s 1101AB — Review of approved codes of conduct s 1101AC — Obligation to comply with enforceable code provisions s 1101AD — Regulations s 1101AE — Mandatory codes of conduct s 1101AF — Obligation to comply with mandatory code of conduct s 1101B — Power of Court to make certain orders s 1101C — Preservation and disposal of records etc. s 1101D — Destruction of records by ASIC s 1101E — Concealing etc. of books s 1101F — Falsification of records s 1101G — Precautions against falsification of records s 1101GA — How Part 9.3 applies to books required to be kept by this Chapter etc. s 1101H — Contravention of Chapter does not generally affect validity of transactions etc. s 1101I — Gaming and wagering laws do not affect validity of contracts relating to financial products s 1101J — Delegation s 1200A — Meaning of some terms relating to mutual recognition of securities offers s 1200B — Meaning of recognised offer s 1200C — Conditions that must be met to be a recognised offer s 1200D — Required documents and information s 1200E — Warning statement s 1200F — Effect of a recognised offer s 1200G — Offering conditions s 1200H — Address for service condition s 1200J — Dispute resolution condition s 1200K — Additional operation of section 675 (continuous disclosure) s 1200L — Pre‑offer advertising s 1200M — Modification by the regulations s 1200N — Stop orders s 1200P — Ban on making subsequent recognised offers s 1200Q — Offence of breaching an ongoing condition s 1200R — Service of documents s 1200S — Notice to ASIC s 1200T — Extension of this Act to recognised jurisdictions s 1200U — ASIC stop order for advertising in a recognised jurisdiction s 1210 — Meaning of participating economy s 1210A — List of participating economies s 1210B — Minister may determine that funds not to offer interests in this jurisdiction s 1211 — Minister may make Passport Rules for this jurisdiction s 1211A — Meaning of Passport Rules s 1211B — Compliance with the Passport Rules s 1212 — Application for registration s 1212A — Registration of Australian passport funds s 1212B — All documents etc. lodged with ASIC to bear APFRN s 1212C — Notifying ASIC if offering interests in another participating economy in another name s 1213 — Notice of intention to offer interests in a foreign passport fund s 1213A — ASIC may notify operator that notice of intention lacks information required s 1213B — Rejecting a notice of intention s 1213C — Notified foreign passport funds—authority to offer interests in this jurisdiction s 1213D — Meaning of consideration period s 1213E — Notified foreign passport funds to be treated as managed investment schemes s 1213F — Operators and notified foreign passport funds not to be treated as companies etc. s 1213G — Offences relating to the operation of notified foreign passport funds s 1213H — Notified foreign passport funds must not issue debentures in this jurisdiction s 1213J — Constitution—right to obtain a copy s 1213K — Register of members—right to obtain a copy s 1213L — Use of information on register of members s 1213M — Reports required under the law of the home economy s 1213N — Order for copies of books of a notified foreign passport fund s 1213P — Register of members—ASIC may require lodgment s 1213Q — Destruction of records by ASIC s 1214 — Register of Passport Funds s 1215 — Stop order—Australian passport funds s 1215A — Stop order—notified foreign passport fund s 1215B — Interim stop orders s 1215C — Revocation of stop order made under section 1215 or 1215A s 1215D — Compliance with stop orders s 1216 — Application to deregister s 1216A — ASIC to deregister s 1216B — When is there an expectation that a fund would become an Australian passport fund? s 1216C — Deregistration—initiated by ASIC s 1216D — Process for deregistration s 1216E — Application to be removed as a notified foreign passport fund s 1216F — ASIC to remove fund as a notified foreign passport fund s 1216G — When is there an expectation that a fund would become a notified foreign passport fund? s 1216H — ASIC to remove a fund as a notified foreign passport fund s 1216J — Process for removal as a notified foreign passport fund s 1216K — ASIC’s power to continue the application of the Corporations legislation s 1216L — Regulations may continue the application of the Corporations legislation s 1217 — ASIC’s power to make exemptions and declare modifications etc. in relation to this Chapter s 1217A — ASIC’s power to make exemptions and declare modifications etc. in relation to the Passport Rules s 1217B — Exemptions and modification by regulations s 1221 — Objects of this Chapter s 1222 — Requirements for registration as a CCIV s 1222A — Applying for registration s 1222B — No other way to register a CCIV s 1222C — Registration of a CCIV s 1222D — Corporate director and members of a CCIV s 1222E — Special requirements for naming of CCIVs s 1222F — Special requirements for acceptable abbreviations of CCIV names s 1222G — Carrying on business using “CCIV” in name s 1222H — Change of name not allowed while sub‑fund in liquidation s 1222J — Meaning of retail CCIV and wholesale CCIV s 1222K — Retail CCIV test s 1222L — Notifying ASIC of status as a retail CCIV or wholesale CCIV s 1222M — Table of provisions that apply only to retail CCIVs s 1222N — Certain CCIVs and sub‑funds must not be listed s 1222P — Part 2B.7 does not apply to a CCIV s 1222Q — What is a sub‑fund of a CCIV s 1222R — Initial sub‑funds to be registered when the CCIV is registered s 1222S — Registration of a sub‑fund s 1222T — Sub‑fund is established on registration s 1222U — Application to register further sub‑funds s 1222V — A sub‑fund’s name s 1222W — Using sub‑fund name and ARFN on documents s 1222X — Acceptable abbreviations of sub‑fund names s 1222Y — Sub‑fund changing its name s 1222Z — ASIC’s power to direct CCIV to change a sub‑fund’s name s 1222ZA — Effect of name change s 1222ZB — Registers relating to CCIVs s 1223 — Execution of documents (including deeds) by the CCIV itself s 1223A — Replaceable rules do not apply to a CCIV s 1223B — Requirement for a CCIV to have a constitution s 1223C — Retail CCIV—ASIC may direct CCIV to modify its constitution s 1223D — Adoption, modification and repeal of constitution s 1223E — Effect of constitution s 1223F — Wholesale CCIV—Basic content requirement s 1223G — Retail CCIV—Basic content requirements s 1223H — Retail CCIV—Additional content requirement for redemption of shares s 1224 — A CCIV has a single corporate director s 1224A — A CCIV has no secretary and no employees s 1224B — Meaning of officer of a CCIV s 1224C — General duties owed by officers s 1224D — Duties owed by director s 1224E — Certain provisions in Chapter 2D do not apply to CCIVs s 1224F — Who can be the director of a CCIV s 1224G — Retail CCIV—additional rules about who can be the director s 1224H — Effectiveness of acts by corporate director s 1224J — Corporate director must operate the CCIV s 1224K — Corporate director not required to disclose material personal interest s 1224L — Corporate director may appoint an agent or engage a person s 1224M — Retail CCIV—responsibility of corporate director for certain acts of agents s 1224N — Retail CCIV—limitation on right of corporate director to fees and indemnities s 1224P — Retail CCIV—limitation on right of corporate director to acquire shares in CCIV s 1224Q — Exercise of powers while sub‑fund is in liquidation s 1224R — Changes only take effect when ASIC alters record of registration s 1224S — CCIV does not have an eligible corporate director s 1224T — Retirement of corporate director s 1224U — Replacement of corporate director by members s 1224V — Appointment of temporary corporate director by Court s 1224W — Temporary corporate director to initiate appointment of permanent corporate director s 1224X — Temporary corporate director fails to initiate appointment of permanent corporate director s 1224Y — Members fail to appoint permanent corporate director s 1224Z — Former corporate director to hand over books and provide reasonable assistance s 1224ZA — Rights, obligations and liabilities of former corporate director s 1224ZB — Effect of change of corporate director on documents etc. to which former corporate director is party s 1224ZC — Member approval not needed for benefit specified in constitution s 1224ZD — Modified member approval for CCIVs s 1224ZE — Benefits paid to corporate director not covered by exemptions s 1225 — Retail CCIV—duties owed by officers of corporate director s 1225A — Responsibility of secretary of corporate director for certain contraventions by CCIV s 1225B — Responsibility of secretary of corporate director for certain contraventions by corporate director s 1225C — Extended obligation of directors of corporate director s 1225D — Right of access to CCIV books s 1225E — Extended operation of sections 199A and 199B (about indemnities and insurance) s 1225F — Retail CCIV—duties owed by employees of corporate director s 1226 — Requirement for compliance plan s 1226A — Contents of the compliance plan s 1226B — Compliance plan may incorporate provisions from another CCIV’s plan s 1226C — ASIC may require further information about compliance plan s 1226D — Changing the compliance plan s 1226E — ASIC may require consolidation of compliance plan to be lodged s 1226F — Engaging auditor s 1226G — Audit and audit report s 1226H — Contraventions by auditor s 1226J — Removal and resignation of auditors s 1226K — Action on change of auditor of compliance plan s 1227 — Application of Chapter 2E to retail CCIVs s 1227A — Need for member approval for financial benefit s 1227B — Exceptions not available for a retail CCIV s 1227C — Requirements for explanatory statement to members s 1227D — Modified references s 1227E — Related parties of a CCIV s 1227F — Grounds for Court order s 1227G — Orders the Court can make s 1227H — Applying for and granting leave s 1227J — Varying and cancelling class rights s 1227K — Certain actions taken to vary rights etc. s 1227L — Company must lodge documents and resolutions with ASIC s 1227M — Civil liability of corporate director to members s 1228 — Resolutions of CCIVs s 1228A — Meetings of members of CCIVs s 1228B — Meetings of members of sub‑funds s 1228C — Auditors of scheme compliance plans s 1228D — Copy of the register of members—sub‑funds s 1228E — Members’ resolutions s 1228F — Voting at meetings of members s 1228G — Corporate director and associates cannot vote if interested in resolution s 1228H — How to work out the value of a share s 1229 — Application of this Subdivision s 1229A — Other rules for corporate contraventions do not apply s 1229B — General rule for attributing conduct and state of mind to a CCIV s 1229C — Exceptions etc. specific to this Act s 1229D — Corporate director generally taken to commit offences committed by CCIV s 1229E — Corporate director generally liable for civil penalties for which the CCIV would be liable s 1229F — Compensation orders—State and Territory laws s 1229G — Time limit for application for compensation order s 1229H — Civil evidence and procedure rules for compensation orders s 1230 — Shares can only be issued in respect of sub‑funds s 1230A — Minimum of one class of shares per sub‑fund s 1230B — Power to issue redeemable shares s 1230C — Conversion of shares s 1230D — Redemptions to which this Subdivision applies s 1230E — Redeemed shares to be cancelled s 1230F — Requirements for redemptions by all CCIVs s 1230G — Further requirements for redemptions by retail CCIVs s 1230H — When a sub‑fund is liquid s 1230J — Redemption offers for non‑liquid sub‑funds of retail CCIVs s 1230K — Satisfying redemption requests for non‑liquid sub‑funds of retail CCIVs s 1230L — Section 254N does not apply to a CCIV s 1230M — Circumstances in which a dividend may be paid s 1230N — Dividend rights s 1230P — Part 2H.6 does not apply to a CCIV s 1230Q — Cross‑investment between sub‑funds is permitted s 1230R — Requirements or restrictions for cross‑investment s 1230S — Consequences for failing to comply with requirements or restrictions for cross‑investment s 1230T — Requirements or restrictions on membership rights for shares acquired from cross‑investment s 1230U — Cross‑investment between sub‑funds is not a share buy‑back s 1230V — General duties still apply for cross‑investment between sub‑funds s 1231 — Purpose s 1231A — CCIV may make reduction not otherwise authorised s 1231B — Consequences of making an unauthorised reduction s 1231C — A CCIV’s power to buy back its own shares s 1231D — Authorised reductions—share redemptions s 1231E — Authorised reductions—regulations s 1231F — Authorised reductions—Court orders s 1231G — Authorised reductions—return of financial product s 1231H — Other share capital reductions s 1231J — Directly acquiring own shares s 1231K — Taking security over own shares s 1231L — Part 2J.3 does not apply to a CCIV s 1231M — Other duties still apply s 1231N — Debentures can only be issued in respect of sub‑funds s 1231P — Modified operation of section 283AA s 1232 — Application of Chapter 2M to CCIVs s 1232A — Obligation to keep financial records for sub‑funds s 1232B — Access to financial records of CCIVs and sub‑funds s 1232C — Annual financial reports, sustainability reports and directors’ reports for sub‑funds—general rules s 1232D — Annual financial reports, sustainability reports and directors’ reports for sub‑funds—special rules for financial reports and sustainability reports s 1232E — Annual financial reports and directors’ reports for sub‑funds—special rules for directors’ reports s 1232F — Half‑year financial reports and directors’ reports for sub‑funds with ED securities on issue s 1232G — Audit and auditor’s report for sub‑funds s 1232H — Annual financial and sustainability reporting to members of sub‑funds s 1232J — Deadline for reporting to members of sub‑funds s 1232K — Consideration of reports at AGM s 1232L — Additional reporting by CCIVs that are debenture issuers s 1232M — Relodgement if financial reports, sustainability reports or directors’ reports relating to sub‑fund amended after lodgement s 1232N — Conflict of interest situation s 1232P — Auditor independence—specific requirements s 1232Q — People who are regarded as officers of a CCIV s 1232R — Appointment, removal and fees of auditors for CCIVs s 1232S — Effect of winding up of sub‑fund on office of auditor s 1232T — Extended liability of directors of the corporate director for contraventions of Chapter 2M s 1232U — Solvency resolutions s 1233 — Meaning of property s 1233A — References to liabilities of a CCIV s 1233B — Sub‑funds to be operated as separate businesses s 1233C — Corporate director to keep allocation register s 1233D — Requirement to enter assets on the allocation register s 1233E — Requirement to enter liabilities on the allocation register s 1233F — Liquidator may require corporate director to record debt, claim or property in allocation register s 1233G — Requirement to retain records of allocations for 7 years s 1233H — Meaning of assets—sub‑fund of a CCIV s 1233J — When an allocation determination is required s 1233K — When property must be converted into money etc. s 1233L — Meaning of liabilities—sub‑fund of a CCIV s 1233M — When an allocation determination is required s 1233N — Variations of proportional allocation of liabilities s 1233P — Creditor may require corporate director to provide information about allocation s 1233Q — Orders the Court can make in relation to assets and liabilities of sub‑funds s 1234 — Unallocated money and property may not be applied for any purpose s 1234A — Requirement for segregated application of assets of sub‑funds s 1234B — Purposes for which sub‑fund assets may be applied s 1234C — Property that is required to be converted to be applied only for that purpose s 1234D — Requirement for security interests to be segregated s 1234E — Court orders s 1234F — Consequences of non‑compliant application of assets s 1234G — Who may hold the assets of a CCIV s 1234H — Person other than CCIV holds money or property on trust s 1234J — How CCIV money and property must be held s 1234K — Regulations may create exceptions s 1235 — Construing terms and expressions affected by substituted references s 1235A — Object of this Division s 1235B — Compromises etc. not to be made between 2 or more sub‑funds s 1235C — Applying arrangements and reconstructions provisions to sub‑funds s 1235D — Persons not to be appointed to administer compromise or arrangement s 1235E — Provisions for facilitating reconstruction and amalgamation of sub‑funds within a CCIV s 1235F — Court may make order in relation to assets and liabilities of sub‑funds s 1236 — Object of this Division s 1236A — Meaning of property and receiver—sub‑fund of a CCIV s 1236B — Appointment of a controller of property of a sub‑fund of a CCIV s 1236C — Persons not to act as receivers s 1236D — Notifying of appointment or cessation of controller s 1236E — Applying Part 5.2 etc. to sub‑funds s 1236F — Liability of controller s 1236G — Powers of receiver s 1236H — Controller may require reports relating to other sub‑funds if necessary s 1236J — Controller may inspect books of CCIV s 1236K — Application of sub‑fund property to meet certain priority payments s 1236L — Transfer of books to ASIC etc. s 1236M — Part 5.3A does not apply to a CCIV s 1236N — Part 5.3B does not apply to a CCIV s 1237 — Object of this Division s 1237A — No winding up of a CCIV s 1237B — Applying winding up provisions to sub‑funds s 1237C — References to debts etc. of a sub‑fund s 1237D — When a sub‑fund is presumed to be insolvent s 1237E — Statutory demand—creditor may serve demand on CCIV s 1237F — Statutory demand—CCIV may apply to set aside demand s 1237G — Statutory demand—determining application to set aside where there is a dispute or offsetting claim s 1237H — Statutory demand—determining application to set aside where there is a dispute about the sub‑fund s 1237J — Substitution of sub‑fund where statutory demand not relied on s 1237K — Declaration of solvency s 1237KA — Declaration of relevant relationships s 1237L — Disqualification of liquidator s 1237M — Notifying of appointment, resignation or removal of liquidator s 1237N — Duties and powers of liquidator s 1237P — Retention and destruction of books s 1237Q — Officers of corporate director to help liquidator s 1237R — Corporate director may retain certain books s 1237S — Corporate director may access certain books s 1237T — Corporate director may direct ASIC not to destroy books s 1237U — Mandatory examination s 1237V — Court may make order imposing liability on unlicensed person operating CCIV s 1237W — Liquidator must be satisfied debt or claim is a liability of the sub‑fund s 1237X — Determination of debts and claims that relate to the business of 2 or more sub‑funds and are of uncertain value s 1237Y — Application of sub‑fund property s 1237Z — Warrant in relation to books s 1237ZA — Presumptions to be made in recovery proceedings s 1237ZB — Directors of the corporate director s 1237ZC — Vesting of PPSA security interests if collateral not registered within time s 1238 — Duties owed by directors of corporate director of a CCIV s 1238A — Applying property recovery provisions to CCIVs s 1238B — References to incurring debts s 1238C — When debts arise in relation to redeemable shares s 1238D — Applying external administration offences to CCIVs s 1238E — Interpretation of ceased to carry on business s 1238F — Frauds by officers s 1238G — Applying external administration miscellaneous provisions to sub‑funds s 1239 — Deregistration of a sub‑fund—voluntary s 1239A — Deregistration of a sub‑fund—ASIC initiated s 1239B — Process for ASIC initiated deregistration of a sub‑fund s 1239C — Deregistration of a sub‑fund—following amalgamation or winding up s 1239D — Effect of deregistration of a sub‑fund s 1239E — The Commonwealth’s and ASIC’s power to fulfil outstanding obligations in relation to deregistered sub‑fund s 1239F — Claims against insurers in relation to deregistered sub‑fund s 1239G — Reinstatement of a sub‑fund s 1239H — CCIV reinstated following reinstatement of a sub‑fund s 1239J — Notices relating to reinstatement of a sub‑fund s 1239K — Deregistration of a CCIV s 1239L — Books of the CCIV to be kept by former corporate director s 1239M — A CCIV may not be reinstated under section 601AH s 1239N — Registration of CCIV cannot be transferred s 1240A — Takeovers—prohibition on acquisitions of shares in a listed CCIV s 1240B — Takeovers—directors of the corporate director of a listed CCIV s 1240C — Takeovers—bidder’s statement content s 1240D — Takeovers Panel—declaration of unacceptable circumstances may only be made in relation to a listed CCIV s 1240E — Compulsory acquisition—only available for securities in a listed CCIV s 1240F — Continuous disclosure—CCIVs s 1240G — Fundraising rules do not apply to CCIVs s 1240H — Offering securities of a CCIV or sub‑fund that does not exist s 1241 — Application of Chapter 7 to CCIVs s 1241A — For Chapter 7, treat the corporate director as providing financial services etc. being provided by the CCIV s 1241B — Certain licensing concepts do not apply to CCIVs s 1241C — Extra kinds of financial services relating to CCIVs s 1241D — CCIV buy‑back or redemption facility does not make a market s 1241E — Certain conduct relating to CCIVs is not providing a custodial or depository service s 1241F — Australian financial services licences s 1241G — Immediate suspensions or cancellations of licences s 1241H — Restriction on use of certain words or expressions s 1241J — Agreements with certain unlicensed persons s 1241K — Treat the CCIV as a professional investor s 1241L — Financial services disclosure does not apply to operating the business and conducting the affairs of CCIVs s 1241M — Financial records of the corporate director of a CCIV s 1241N — Prohibition on hawking of securities in a CCIV s 1241P — Modifications of Part 7.8A s 1241Q — Part 7.9 applies to the issue or sale of securities in a CCIV s 1241R — Product Disclosure Statements—when a security in a CCIV is of the same kind as another product s 1241S — Product Disclosure Statements—situations when not required for CCIVs s 1241T — Product Disclosure Statements—content requirements s 1241U — Product Disclosure Statements—replacement statements s 1241V — Product Disclosure Statements—lodging with ASIC s 1241W — Product Disclosure Statements—use of application forms s 1241X — Product Disclosure Statements—if lodged, then security not to be issued or sold before specified period s 1241Y — Remedies for person acquiring financial product under defective Product Disclosure Document s 1241Z — Disclosure obligations of issuers of securities in CCIVs s 1241ZA — Cooling‑off periods s 1241ZB — Unsolicited offers to purchase securities in CCIVs off‑market s 1241ZC — Product intervention orders s 1241ZD — Insider trading—exceptions s 1242 — Director identification numbers s 1242A — Registers s 1242B — Inspection of books s 1242C — Falsification of books s 1242D — Application of Part 9.4 s 1242E — Disclosures qualifying for protection under Part 9.4AAA s 1242F — Powers of Courts—irregularities s 1242G — Fees payable to the Commonwealth s 1243 — ASIC’s power to make exemption and modification orders s 1243A — Modification by regulations s 1272 — Giving and cancelling director identification numbers s 1272A — Applying for a director identification number s 1272B — Meaning of eligible officer s 1272C — Requirement to have a director identification number s 1272D — Requirement to apply for a director identification number s 1272E — Registrar may extend application periods s 1272F — Infringement notices s 1272G — Applying for additional director identification numbers s 1272H — Misrepresenting director identification numbers s 1270 — Appointment of the Registrar s 1270A — Functions s 1270B — Powers s 1270C — Directions by Minister s 1270D — Delegation s 1270E — Assisted decision making s 1270F — Liability for damages s 1270G — Data standards s 1270H — Giving information to the Registrar s 1270J — How the Registrar is to perform and exercise functions and powers s 1270K — Disclosure framework s 1270L — Protection of confidentiality of protected information s 1270M — Authorisation of recording or disclosure s 1270N — Preventing disclosure of particular protected information s 1270P — Authorisation for purposes of Privacy Act s 1270Q — Disclosure to a court s 1270R — Extracts of information to be admissible in evidence s 1270S — Annual report s 1270T — Rules s 1274 — Registers s 1274AA — Register of disqualified company directors and other officers s 1274A — Obtaining information from certain registers s 1274B — Use, in court proceedings, of information from ASIC’s national database s 1274C — ASIC certificate s 1275 — Relodging of lost registered documents s 1279 — Application for registration as auditor s 1280 — Registration of auditors s 1280A — Approval of auditing competency standard s 1281 — Auditor‑General taken to be registered as auditor s 1285 — Register of Auditors s 1287 — Notification of certain matters s 1287A — Annual statements by registered company auditors s 1289 — Auditors and other persons to enjoy qualified privilege in certain circumstances s 1289A — ASIC may impose conditions on registration s 1290 — Cancellation at request of registered person s 1291 — Immediate suspension or cancellation s 1291A — Notice of suspension or cancellation s 1291B — ASIC may vary or revoke suspension s 1292 — Powers of Board in relation to auditors s 1294 — Board to give opportunity for hearing etc. s 1294A — Pre‑hearing conference s 1295 — Board may remove suspension s 1296 — Notice of Board’s decision s 1297 — Time when Board’s decision comes into effect s 1298 — Effect of suspension s 1298P — Validation of approval of auditing competency standard s 1298Q — Compensation for acquisition of property s 1299A — Application for registration as authorised audit company s 1299B — Eligibility for registration as an authorised audit company s 1299C — Registration as authorised audit company s 1299D — Registration may be subject to conditions s 1299E — Register of authorised audit companies s 1299F — Notification of certain matters s 1299G — Annual statements by authorised audit company s 1299H — Cancellation at request of registered person s 1299I — Cancellation or suspension in other cases s 1299J — Notice of cancellation or suspension s 1299K — Time when ASIC’s decision comes into effect s 1299L — Effect of suspension s 1299M — Effect of cancellation s 1300 — Inspection of books s 1301 — Location of books on computers s 1303 — Court may compel compliance s 1304 — Translations of instruments s 1305 — Admissibility of books in evidence s 1306 — Form and evidentiary value of books s 1307 — Falsification of books s 1308A — Application of Criminal Code s 1308B — False or misleading statements about share capital s 1308 — False or misleading documents s 1309 — False information etc. s 1310 — Obstructing or hindering ASIC etc. s 1311 — General penalty provisions s 1311A — Penalty for committing an offence s 1311B — Penalty applicable to an offence committed by an individual s 1311C — Penalty applicable to an offence committed by a body corporate s 1311D — Meaning of benefit derived and detriment avoided—offence s 1311E — Where is the penalty for an offence specified? s 1311F — If no penalty is specified s 1313A — Offences committed partly in and partly out of the jurisdiction s 1314 — Continuing offences s 1315 — Proceedings: how taken s 1316 — Time for instituting criminal proceedings s 1316A — Privilege against self‑incrimination not available to bodies corporate in Corporations Act criminal proceedings s 1317 — Certain persons to assist in prosecutions s 1317AA — Disclosures qualifying for protection under this Part s 1317AAA — Meaning of eligible whistleblower s 1317AAB — Meaning of regulated entity s 1317AAC — Meaning of eligible recipient s 1317AAD — Public interest disclosure and emergency disclosure s 1317AADA — Personal work‑related grievances s 1317AAE — Confidentiality of whistleblower’s identity s 1317AB — Disclosure that qualifies for protection not actionable etc. s 1317AC — Victimisation prohibited s 1317AD — Compensation and other remedies—circumstances in which an order may be made s 1317ADA — Meaning of detriment s 1317AE — Compensation and other remedies—orders that may be made s 1317AF — Interaction between civil proceedings, civil penalties and criminal offences s 1317AG — Identifying information not to be disclosed etc. to courts or tribunals s 1317AH — Costs only if proceedings instituted vexatiously etc. s 1317AI — Whistleblower policies s 1317AJ — Exemption orders—class orders for companies s 1317AK — Review of operation of whistleblower protections s 1317A — Definitions s 1317B — Applications for review s 1317C — Excluded decisions s 1317D — Notice of reviewable decision and review rights s 1317DAAA — Meaning of compensation proceedings s 1317DAA — Application of this Part to disclosing entities s 1317DAB — Purpose and effect of this Part s 1317DAC — Issue of infringement notice s 1317DAD — Statement of reasons must be given s 1317DAE — Matters to be included in infringement notice s 1317DAF — Effect of issue and compliance with infringement notice s 1317DAG — Effect of failure to comply with infringement notice s 1317DAH — Meaning of compliance period s 1317DAI — Withdrawal of infringement notice s 1317DAJ — Publication in relation to infringement notices s 1317DAM — When an infringement notice may be given s 1317DAN — Provisions subject to an infringement notice s 1317DAP — Matters to be included in an infringement notice s 1317DAPA — Giving infringement notices in relation to restricted civil penalty provisions s 1317DAPB — Application of Division s 1317DAQ — Payment period s 1317DAR — Extension of time to pay amount s 1317DAS — Payment by instalments s 1317DAT — Withdrawal of an infringement notice s 1317DATA — Application of Division s 1317DATB — Payment period, extension of time and payment by instalments s 1317DATC — Withdrawal of an infringement notice given by a Financial Services and Credit Panel s 1317DAU — Effect of payment of amount s 1317DAV — Effect of this Part s 1317E — Declaration of contravention of a civil penalty provision s 1317F — Declaration of contravention is conclusive evidence s 1317G — Pecuniary penalty orders s 1317GAA — Civil enforcement of pecuniary penalty order s 1317GAB — Relinquishing the benefit derived and detriment avoided from contravening a civil penalty provision s 1317GAC — Civil enforcement of relinquishment order s 1317GAD — Meaning of benefit derived and detriment avoided—civil penalty provision s 1317GA — Refund orders—charging ongoing fee after termination of arrangement s 1317GB — Refund orders—contraventions of section 962R or 962S s 1317H — Compensation orders—corporation/scheme civil penalty provisions s 1317HA — Compensation orders—financial services civil penalty provisions s 1317HB — Compensation orders—market integrity rules and client money reporting rules s 1317HC — Compensation orders—financial benchmark rules or compelled financial benchmark rules s 1317HE — Compensation orders—Passport Rules s 1317J — Who may apply for a declaration or order s 1317K — Time limit for application for a declaration or order s 1317L — Civil evidence and procedure rules for declarations of contravention and civil penalty orders s 1317M — Civil proceedings after criminal proceedings s 1317N — Criminal proceedings during civil proceedings s 1317P — Criminal proceedings after civil proceedings s 1317Q — Evidence given in proceedings for penalty not admissible in criminal proceedings s 1317QA — Continuing contraventions of civil penalty provisions s 1317QB — State of mind s 1317QC — Mistake of fact s 1317QD — Exceptions etc. to civil penalty provisions—burden of proof s 1317QE — Civil penalty provisions contravened by employees, agents or officers s 1317QF — Preference must be given to compensate persons who suffer damage as a result of contravention s 1317R — ASIC requiring person to assist s 1317S — Relief from liability for contravention of civil penalty provision s 1318 — Power to grant relief s 1319 — Power of Court to give directions with respect to meetings ordered by the Court s 1322 — Irregularities s 1323 — Power of Court to prohibit payment or transfer of money, financial products or other property s 1324 — Injunctions s 1324A — Provisions relating to prosecutions s 1324B — Order to disclose information or publish advertisements s 1325 — Other orders s 1325A — Orders if contravention of Chapter 6, 6A, 6B or 6C s 1325B — Court may order bidder to make offers s 1325C — Unfair or unconscionable agreements, payments or benefits s 1325D — Contravention due to inadvertence etc. s 1325E — Orders to secure compliance s 1326 — Effect of sections 1323, 1324 and 1325 s 1327 — Power of Court to punish for contempt of Court s 1330 — ASIC’s power to intervene in proceedings s 1331 — Civil proceedings not to be stayed s 1332 — Standard of proof s 1333 — Evidence of contravention s 1335 — Costs s 1336 — Vesting of property s 1337A — Operation of Division s 1337B — Jurisdiction of Federal Court and State and Territory Supreme Courts s 1337C — Jurisdiction of Federal Circuit and Family Court of Australia (Division 1) and State Family Courts s 1337D — Jurisdiction of courts (decisions to prosecute and related criminal justice process decisions made by Commonwealth officers) s 1337E — Jurisdiction of lower courts s 1337F — Appeals s 1337G — Courts to act in aid of each other s 1337H — Transfer of proceedings by the Federal Court and State and Territory Supreme Courts s 1337J — Transfer of proceedings by Federal Circuit and Family Court of Australia (Division 1) and State Family Courts s 1337K — Transfer of proceedings in lower courts s 1337L — Further matters for a court to consider when deciding whether to transfer a proceeding s 1337M — Transfer may be made at any stage s 1337N — Transfer of documents s 1337P — Conduct of proceedings s 1337Q — Rights of appearance s 1337R — Limitation on appeals s 1337S — Rules of the Federal Court s 1337T — Rules of the Supreme Court s 1337U — Rules of the Federal Circuit and Family Court of Australia (Division 1) s 1338A — Operation of Division s 1338AA — Criminal jurisdiction of the Federal Court s 1338B — Criminal jurisdiction of State and Territory courts s 1338C — Laws to be applied s 1339 — ASIC to deal with unclaimed property s 1340 — No liability to pay calls on shares etc. s 1341 — Entitlement to unclaimed property s 1342 — Commonwealth or ASIC not liable for loss or damage s 1343 — Disposal of securities if whereabouts of holder unknown s 1343A — Disposal of interests in registered scheme if whereabouts of member unknown s 1344 — Use of ABN s 1345 — Exceptional circumstances—giving documents s 1345A — Minister may delegate prescribed functions and powers under this Act s 1346 — Non‑application of rule against perpetuities to certain schemes s 1348 — Operation of Life Insurance Act s 1349 — Privilege against exposure to penalty—disqualification etc. s 1350 — Compensation for compulsory acquisition s 1351 — Fees are payable to the Commonwealth s 1354 — Lodgment of document without payment of fee s 1355 — Doing act without payment of fee s 1356 — Effect of sections 1354 and 1355 s 1359 — Waiver and refund of fees s 1360 — Debts due to the Commonwealth s 1362 — Payment of fee does not give right to inspect or search s 1362A — Coronavirus known as COVID‑19 s 1364 — Power to make regulations s 1365 — Scope of particular regulations s 1366 — Verifying or certifying documents s 1367 — Documents lodged by an agent s 1367A — Publication in the prescribed manner s 1368 — Exemptions from Chapter 6D or 7 s 1369 — Penalty notices s 1369A — State termination of reference s 1370 — Object of Part s 1371 — Definitions s 1372 — Relationship of Part with State validation Acts s 1373 — References to things taken or deemed to be the case etc. s 1374 — Existence of several versions of old corporations legislation does not result in this Part operating to take same thing to be done several times under new corporations legislation etc. s 1375 — Penalty units in respect of pre‑commencement conduct remain at $100 s 1376 — Ceasing to be a referring State does not affect previous operation of this Part s 1377 — Division has effect subject to Division 7 regulations s 1378 — Existing registered companies continue to be registered s 1379 — Division has effect subject to Division 7 regulations s 1380 — Old Corporations Regulations continue to have effect s 1381 — Division has effect subject to Division 7 regulations s 1382 — Definitions s 1383 — Treatment of court proceedings under or related to the old corporations legislation—proceedings other than federal corporations proceedings s 1384 — Treatment of court proceedings under or related to the old corporations legislation—federal corporations proceedings s 1384A — Appeals etc. in relation to some former federal corporations proceedings s 1384B — Effect of decisions and orders made in federal corporations proceedings before commencement s 1385 — References to proceedings and orders in the new corporations legislation s 1386 — Division has effect subject to Division 7 regulations s 1387 — Certain applications lapse on the commencement s 1388 — Carrying over the Partnerships and Associations Application Order s 1389 — Evidentiary certificates s 1390 — Preservation of nomination of body corporate as SEGC s 1391 — Preservation of identification of satisfactory records s 1392 — Retention of information obtained under old corporations legislation of non‑referring State s 1393 — Transitional provisions relating to section 1351 fees s 1394 — Transitional provisions relating to securities exchange fidelity fund levies s 1395 — Transitional provisions relating to National Guarantee Fund levies s 1396 — Transitional provisions relating to futures organisation fidelity fund levies s 1397 — Limitations on scope of this Division s 1398 — Provisions of this Division may have an overlapping effect s 1399 — Things done by etc. carried over provisions continue to have effect s 1400 — Creation of equivalent rights and liabilities to those that existed before the commencement under carried over provisions of the old corporations legislation s 1401 — Creation of equivalent rights and liabilities to those that existed before the commencement under repealed provisions of the old corporations legislation s 1402 — Old corporations legislation time limits etc. s 1403 — Preservation of significance etc. of events or circumstances s 1404 — References in the new corporations legislation generally include references to events, circumstances or things that happened or arose before the commencement s 1405 — References in the new corporations legislation to that legislation or the new ASIC legislation generally include references to corresponding provisions of the old corporations legislation or old ASIC legislation s 1406 — Carrying over references to corresponding previous laws s 1407 — References to old corporations legislation in instruments s 1408 — Old transitional provisions continue to have their effect s 1409 — Regulations may deal with transitional matters s 1410 — Definitions s 1411 — When is a market being operated immediately before the FSR commencement? s 1412 — Treatment of proposed markets that have not started to operate by the FSR commencement s 1413 — Obligation of Minister to grant licences covering main existing markets s 1414 — Section 1413 markets—effect of licences and conditions s 1415 — Section 1413 markets—preservation of old Corporations Act provisions during transition period s 1416 — Section 1413 markets—powers for regulations to change how the old and new Corporations Act apply during the transition period s 1417 — Section 1413 markets—additional provisions relating to previously unregulated services s 1418 — Treatment of exempt stock markets and exempt futures markets (other than markets with no identifiable single operator) s 1419 — Treatment of exempt stock markets and exempt futures markets that do not have a single identifiable operator s 1420 — Treatment of stock markets of approved securities organisations s 1421 — Treatment of special stock markets for unquoted interests in a registered scheme s 1422 — Treatment of other markets that were not unauthorised s 1423 — When is a clearing and settlement facility being operated immediately before the FSR commencement? s 1424 — Treatment of proposed clearing and settlement facilities that have not started to operate by the FSR commencement s 1424A — Treatment of unregulated clearing and settlement facilities operated by holders of old Corporations Act approvals s 1425 — Obligation of Minister to grant licences covering main existing facilities s 1426 — Section 1425 facilities—effect of licences and conditions s 1427 — Section 1425 facilities—powers for regulations to change how the old and new Corporations Act apply during the transition period s 1428 — Section 1425 facilities—additional provisions relating to previously unregulated services s 1429 — Treatment of other clearing and settlement facilities s 1430 — Meaning of regulated principal, regulated activities and relevant old legislation s 1431 — Parts 7.6, 7.7 and 7.8 of the amended Corporations Act generally do not apply to a regulated principal during the transition period s 1432 — Continued application of relevant old legislation s 1433 — Streamlined licensing procedure for certain regulated principals s 1434 — Special licences for insurance multi‑agents during first 2 years after FSR commencement s 1435 — Licensing decisions made within the first 2 years of the FSR commencement—regard may be had to conduct and experience of applicant or related body corporate that currently provides same or similar services s 1436 — Treatment of representatives—general s 1436A — Treatment of representatives—insurance agents s 1437 — Exemptions and modifications by ASIC s 1438 — New product disclosure provisions do not apply to existing products during transition period s 1439 — Offences against new product disclosure provisions—additional element for prosecution to prove if conduct occurs after opting‑in and before the end of the first 2 years s 1440 — Continued application of certain provisions of old disclosure regimes during transition period s 1441 — Certain persons who are not yet covered by Parts 7.6, 7.7 and 7.8 of the amended Corporations Act are required to comply with Part 7.9 obligations as if they were regulated persons s 1442 — Exemptions and modifications by ASIC s 1442A — Deferred application of hawking prohibition s 1442B — Deferred application of confirmation of transaction and cooling‑off provisions etc. s 1443 — Definitions s 1444 — Regulations may deal with transitional, saving or application matters s 1445 — ASIC determinations may deal with transitional, saving or application matters s 1447 — Application of sections 601AB and 601PB s 1448 — Application of amendments made by Schedule 4 to the Corporations Legislation Amendment Act 2003 s 1449 — Definition s 1450 — Application of Part 10.2 to Chapter 7 as amended by Schedule 2 to the amending Act s 1451 — Provisions relating to the scope of the amendments of Chapter 7 made by Schedule 2 s 1452 — Amendments of section 1274 s 1453 — Definitions s 1454 — Audit reforms in Schedule 1 to the amending Act (auditing standards and audit working papers retention rules) s 1455 — Audit reforms in Schedule 1 to the amending Act (adoption of auditing standards made by accounting profession before commencement) s 1456 — Audit reforms in Schedule 1 to the amending Act (new competency standard provisions) s 1457 — Audit reforms in Schedule 1 to the amending Act (new annual statement requirements for auditors) s 1458 — Audit reforms in Schedule 1 to the amending Act (imposition of conditions on existing registration as company auditor) s 1459 — Audit reforms in Schedule 1 to the amending Act (application of items 62 and 63) s 1460 — Audit reforms in Schedule 1 to the amending Act (non‑audit services disclosure) s 1461 — Audit reforms in Schedule 1 to the amending Act (auditor appointment) s 1462 — Audit reforms in Schedule 1 to the amending Act (auditor independence) s 1463 — Audit reforms in Schedule 1 to the amending Act (auditor rotation) s 1464 — Audit reforms in Schedule 1 to the amending Act (listed company AGMs) s 1465 — Schedule 2 to the amending Act (financial reporting) s 1466A — Schedule 2A to the amending Act (true and fair view) s 1466 — Schedule 3 to the amending Act (proportionate liability) s 1467 — Schedule 4 to the amending Act (enforcement) s 1468 — Schedule 5 to the amending Act (remuneration of directors and executives) s 1469 — Schedule 6 to the amending Act (continuous disclosure) s 1470 — Schedule 7 to the amending Act (disclosure rules) s 1471 — Schedule 8 to the amending Act (shareholder participation and information) s 1478 — Application of amendments of the takeovers provisions s 1479 — Definition s 1480 — Schedule 1 to the amending Act (improving outcomes for creditors) s 1481 — Schedule 2 to the amending Act (deterring corporate misconduct) s 1482 — Schedule 3 to the amending Act (improving regulation of insolvency practitioners) s 1483 — Schedule 4 to the amending Act (fine‑tuning voluntary administration) s 1484 — Declarations under paragraph 1020F(1)(c) relating to short selling s 1485 — Application of new subsection 206B(6) s 1486 — Application of new section 206EAA s 1487 — Definitions s 1488 — Application of amendments—general s 1489 — Applications of amendments—application for and grant of licences etc. authorising margin lending financial services s 1490 — Application of amendments—between 6 and 12 months after commencement s 1491 — Acquisition of property s 1492 — Regulations s 1493 — Definitions s 1494 — Transitional provisions relating to limit on control of trustee companies s 1495 — Transitional provisions relating to the amendments of Chapter 7 s 1496 — General power for regulations to deal with transitional matters s 1497 — Definitions s 1498 — Application of amendments s 1499 — Definitions s 1500 — Charges, liens and pledges—continuation of restriction of references s 1501 — Charges, liens, pledges and third party property—application s 1501A — References to the whole or substantially the whole of a company’s property s 1501B — Constructive notice of registrable charges s 1502 — Repeal of Chapter 2K (charges)—general s 1503 — Repeal of Chapter 2K (charges)—cessation of requirements in relation to documents or notices s 1504 — Repeal of Chapter 2K (charges)—application of section 266 s 1505 — Repeal of Chapter 2K (charges)—cessation of company registration requirements s 1506 — Repeal of Chapter 2K (charges)—priority between registrable charges s 1507 — New section 440B (restrictions on third party property rights) s 1508 — New subsection 442CB(1) (administrator’s duty of care) s 1509 — New section 588FP (security interests in favour of an officer of a company etc. void) s 1510 — Winding up applied for before the commencement time s 1510A — Definition s 1510B — Application of Part 1 of Schedule 1 to the amending Act s 1511 — Definition s 1512 — Application of amendments s 1513 — Regulations may deal with transitional matters s 1516 — Application of amendments s 1517 — Application of Subdivision B of Division 1 of Part 2D.3 s 1518 — Application of sections 206J, 206K, 206L and 206M s 1519 — Application of subsection 249L(2) s 1520 — Application of section 250BB s 1521 — Application of section 250BC s 1522 — Application of section 250BD s 1523 — Application of subsections 250R(4) to (10) s 1524 — Application of Division 9 of Part 2G.2 s 1525 — Application of amendments of section 300A s 1526 — Definitions s 1527 — Application of best interests obligations s 1528 — Application of ban on conflicted remuneration s 1529 — Application of ban on other remuneration—volume‑based shelf‑space fees s 1530 — Section 1350 does not apply to regulations made for the purposes of subsection 1528(2) or 1529(2) s 1531 — Application of ban on other remuneration—asset‑based fees on borrowed amounts s 1531A — Definitions s 1531B — Best interests obligation s 1531C — Renewal notices (opt‑in requirement) s 1531D — Disclosure statements s 1531E — Conflicted remuneration s 1532 — Definition s 1533 — Part 1 of Schedule 1 to the amending Act (winding up by ASIC) s 1534 — Part 2 of Schedule 1 to the amending Act (publication requirements) s 1535 — Part 3 of Schedule 1 to the amending Act (miscellaneous amendments) s 1536 — Definitions s 1537 — Application of amendments relating to annual transparency reports s 1538 — Courts etc. may have regard to Financial Reporting Panel report s 1538A — Application of amendments relating to contributions to a fund or scheme s 1538B — Application of amendments relating to Statements of Advice s 1539 — Application of section 1017BA (Obligation to make product dashboard publicly available) s 1540 — Application of subsection 1017BB(1) (Obligation to make information relating to investment of assets of superannuation entities publicly available) s 1541A — Application of amendments relating to portfolio holdings disclosure s 1542 — Definition s 1543 — Transitional—carbon units issued before the designated carbon unit day s 1544 — Transitional—variation of conditions on Australian financial services licences s 1545 — Transitional—immediate cancellation of Australian financial services licences s 1546 — Transitional—statements of reasons for cancellation of Australian financial services licences s 1546A — Definitions s 1546C — Application of limitation on authorisation to provide personal advice and offence s 1546D — Application of requirements relating to provisional relevant providers s 1546E — Application of continuing professional development standard for relevant providers s 1546F — Application of Code of Ethics to relevant providers s 1546G — Application of obligations in relation to compliance schemes s 1546H — Application of obligation for standards body to publish annual report s 1546J — Application of obligation to notify ASIC about a person who becomes a relevant provider s 1546K — Application of requirements relating to information about relevant provider’s principal place of business s 1546L — Application of requirements relating to information about membership of professional associations where relevant provider is licensee s 1546M — Application of requirements relating to information about membership of professional associations where relevant provider is not licensee s 1546N — Application of requirements relating to information about provisional relevant provider’s work and training s 1546P — Application of ongoing obligation to notify ASIC when there is a change in a matter for a relevant provider s 1546Q — Application of obligation to notify ASIC about a person who starts to have control of a body corporate licensee s 1546R — Application of obligation to notify ASIC about a person who ceases to have control of a body corporate licensee s 1546S — Application of obligation for relevant providers to provide information to financial services licensees s 1546T — Application of requirements relating to Register of Relevant Providers s 1546U — Relevant provider numbers given before commencement s 1546V — Continuation of Register of Relevant Providers s 1546W — Obligation to notify ASIC of certain information s 1546X — Obligation to notify ASIC of CPD year s 1546ZA — Offence for failing to lodge transitional notices s 1547 — Definitions s 1548 — Application of amendments relating to calling of general meetings s 1549 — Application of amendments relating to directors’ reports for listed companies s 1549A — Definitions s 1549B — Applications of amendments relating to life risk insurance products s 1550 — Simplified outline of this Part s 1551 — Definitions s 1552 — Applications for registration under the old Act s 1553 — Persons registered under the old Act continue to be registered under the Insolvency Practice Schedule (Corporations) s 1554 — Old Act registrant’s details s 1555 — Period of old Act registrant’s registration under the Insolvency Practice Schedule (Corporations) s 1556 — Conditions for old Act registrants—conditions under the Insolvency Practice Schedule (Corporations) s 1557 — Current conditions for old Act registrants—undertakings under the old Act s 1558 — Current conditions for old Act registrants—undertakings under the ASIC Act s 1559 — Old Act registrant registered as liquidator of a specified body corporate s 1560 — Old Act registrant chooses not to renew s 1561 — Application of obligation to lodge annual liquidator returns s 1562 — Notice of significant events s 1563 — Request for cancellation made before the commencement day s 1564 — Decision to cancel registration made before the commencement day s 1565 — Matters not dealt with by the Board before the commencement day s 1566 — Matters dealt with by the Board before the commencement day s 1567 — Matters which the Board refuses to deal with before the commencement day s 1568 — Board considering terminating suspension before the commencement day s 1569 — Sharing information between the Board and committees s 1570 — Direction to comply with requirement to lodge documents etc. s 1571 — Suspension by ASIC under the Insolvency Practice Schedule (Corporations) s 1572 — Cancellation by ASIC under the Insolvency Practice Schedule (Corporations) s 1573 — Show‑cause notice under the Insolvency Practice Schedule (Corporations) s 1574 — Lifting or shortening suspension under the Insolvency Practice Schedule (Corporations) s 1575 — Action initiated by industry bodies s 1576 — Application of court powers under section 45‑1 of the Insolvency Practice Schedule (Corporations) s 1577 — Powers to deal with registration under the old Act on or after the commencement day s 1578 — Simplified outline of this Division s 1579 — Application of Part 3 of the Insolvency Practice Schedule (Corporations)—general rules s 1580 — Application of Division 60 of the Insolvency Practice Schedule (Corporations)—general rule s 1581 — Old Act continues to apply in relation to remuneration for administrators already appointed s 1582 — Duties of administrators relating to remuneration and other benefits s 1583 — Old Act continues to apply in relation to any right of indemnity s 1584 — Application of new provisions about vacancies of court‑appointed liquidator s 1585 — Application of new provisions about exercise of powers while company under external administration s 1586 — Application of Division 65 of the Insolvency Practice Schedule (Corporations)—general rule s 1587 — Administration account s 1588 — Paying money into administration account s 1589 — Paying money out of administration account s 1590 — Handling securities s 1591 — Application of Division 70 of the Insolvency Practice Schedule (Corporations)—general rule s 1592 — Accounts and administration returns s 1593 — Administration books s 1594 — Audit of administration books s 1595 — Transfer of administration books s 1596 — Retention and destruction of administration books s 1597 — Giving information to creditors etc. s 1598 — Commonwealth may request information s 1599 — Reporting to ASIC s 1600 — Old Act continues to apply in relation to notices to remedy default s 1601 — Application of Division 75 of the Insolvency Practice Schedule (Corporations)—general rule s 1602 — External administrator must convene meetings in certain circumstances s 1603 — Old Act continues to apply in relation to reporting for first year of administration s 1604 — Old Act continues to apply to the deregistration of companies s 1605 — Old Act continues to apply for certain meetings convened etc. before commencement day s 1606 — Outcome of voting at creditors’ meeting determined by related entity or on casting vote—Court powers s 1607 — Application of Division 80 of the Insolvency Practice Schedule (Corporations)—general rules s 1608 — Appointing committees of inspection s 1609 — Old Act continues to apply to certain reports by administrator s 1610 — Membership of continued committees s 1611 — Validity of appointment under section 548 of the old Act not affected by lack of separate meeting of contributories s 1612 — Continued application of directions by creditors or committees under the old Act s 1613 — Committee of inspection may request information s 1614 — Duties of members of committee of inspection and creditors relating to profits and advantages etc. s 1615 — Application of Division 90 of the Insolvency Practice Schedule (Corporations)—general rule s 1616 — Application of the Insolvency Practice Schedule (Corporations) provisions that conflict with old Act Court orders—general rule s 1617 — Old Act continues to apply in relation to ongoing proceedings before a court—general rule s 1618 — Court powers to inquire into and make orders s 1619 — Review by another registered liquidator s 1620 — Removal by creditors s 1621 — Administrative Appeals Tribunal or Administrative Review Tribunal proceedings s 1622 — Outcome of voting at creditors’ meeting determined by related entity or on casting vote—Court powers s 1623 — Returns and accounts by controllers s 1624 — Transfer of books by a controller to a new controller or ASIC s 1625 — Officers reporting to controller about corporation’s affairs s 1626 — Lodging notice of execution of a deed of company arrangement s 1627 — Office of liquidator appointed by the Court s 1628 — Report as to company’s affairs to be submitted to liquidator s 1629 — Orders for release or deregistration s 1630 — Meeting relating to the voluntary winding up of a company s 1631 — Pooling determinations s 1632 — Electronic methods of giving or sending certain notices s 1633 — Deregistration following winding up s 1634 — Regulations s 1635 — Application of amendments made by Schedule 3 to the Insolvency Law Reform Act 2016 s 1636A — Application of subsections 981D(2) and 984B(3) s 1637 — Application of subparagraph 1274(2)(a)(iva) and subsections 1274(2AA) and (2AB) s 1639 — Definitions s 1640 — Application—obligation to comply with rules about financial benchmarks s 1641 — Application—offences relating to manipulation of financial benchmarks s 1642 — Application—extended meaning of financial products and Division 3 financial products for Part 7.10 s 1643 — Application of amendments s 1644 — Application of amendments s 1644A — Application of amendments relating to penalties s 1645 — Saving delegations s 1646 — Decisions to give, withdraw or not withdraw a notice under subsection 1313(1) s 1647 — Application—protection of employee entitlements s 1648 — Application—contribution orders s 1649 — Application—director disqualification s 1650 — Definitions s 1650A — Validation of acts or things done during interim period s 1650B — Application of amendments s 1650C — Things started but not finished by ASIC s 1650D — Register of Liquidators s 1653 — Director identification numbers s 1655 — Definitions s 1656 — Application—offences s 1657 — Application—civil penalty provisions s 1658 — Application—offence provisions repealed and substituted with conduct rules with multiple consequences s 1659 — Application—infringement notices s 1660 — Application—definition of dishonesty s 1661 — Application of amendments s 1662 — Application of amendments made by Schedule 1 to the Treasury Laws Amendment (Mutual Reforms) Act 2019 s 1663 — Definitions s 1664 — Application—existing financial services licensee s 1665 — Application—applications made before commencement s 1666 — Application—conduct etc. relevant to new banning and disqualification orders s 1667 — Transitional—existing banning and disqualification orders s 1668 — Transitional—delegations s 1669 — Application of amendments made by Schedule 12 to the Coronavirus Economic Response Package Omnibus Act 2020 s 1670 — Application of Reference Checking and Information Sharing Protocol s 1671 — Definitions s 1671A — Continued application of paragraph 601FC(1)(l) and section 912D s 1671B — Application of sections 912DAA and 912DAB s 1671C — Application of section 912DAC s 1671D — Application of ASIC’s obligations to publish information under section 912DAD s 1671E — Application of provisions dealing with notifying and compensating a person affected by a reportable situation s 1672 — Transitional—Banking Code of Practice s 1673 — Definitions s 1673A — Application provision for new ongoing fee arrangements s 1673B — Application of this Division s 1673C — Application—annual requirement to give fee disclosure statement s 1673D — Transitional—existing obligation to give a fee disclosure statement under section 962G s 1673E — Transitional—existing obligation to give a renewal notice and fee disclosure statement under section 962K s 1673F — Application—consent requirements for deductions of ongoing fees s 1673G — Application—compliance records s 1674 — Application of disclosure of lack of independence reforms s 1674A — Obligation to give updated Financial Services Guide s 1675 — Definitions s 1675A — Application of claims handling and settling services reforms s 1675B — Transition periods s 1675C — Application during transition period s 1676 — Definitions s 1676A — Automatic extension of licence conditions on the commencement day—licensees who are authorised to deal s 1676B — Automatic extension of licence conditions—licence applications pending just before commencement day s 1676C — Automatic extension of licence conditions—variation applications pending just before commencement day s 1676D — Automatic licence conditions may be varied etc. s 1678 — Definitions s 1678A — Registration of Norfolk Island companies—general s 1678B — Registration of Norfolk Island companies—registration process and other matters s 1678C — Registration of Norfolk Island companies—provision of information s 1678E — Saving of rules in relation to particular corporations s 1678F — Director identification numbers—Norfolk Island company directors s 1679 — Definitions s 1679A — Application—virtual meetings and electronic communications s 1679C — Application—recording and keeping of minute books s 1679D — Application—execution of documents s 1680 — Definitions s 1680A — Application of COVID‑19 instrument s 1680B — Validation of things done under COVID‑19 instruments s 1681 — Application of amendments relating to the simplified liquidation process s 1682 — Application of amendment relating to portfolio holdings disclosure s 1683 — Definitions s 1683A — Application s 1683B — Review of operation of laws s 1683C — Amendments made by Schedule 2 to the amending Act cease to have effect if review of operation of laws is not conducted s 1684 — Definitions s 1684AA — Experienced provider pathway s 1684A — Application—qualifications for existing providers s 1684B — Application—exam for existing providers s 1684C — Application—existing providers who meet certain education and training standards exempt from work and training requirement s 1684D — Application—limitation on authorisation of existing providers to provide personal advice s 1684E — Transitional—Minister may determine courses for certain purposes s 1684F — Transitional—exams s 1684G — Application—continuing professional development s 1684H — Application—action against relevant providers s 1684J — Application—recommendations to ASIC in relation to restricted civil penalty provisions s 1684K — Application—warnings and reprimands s 1684M — Saving—determinations made for education and training standards s 1684N — Saving—word or expression to refer to a provisional relevant provider s 1684P — Saving—Code of Ethics s 1684Q — Transitional—approvals of foreign qualifications s 1684R — Saving—approvals of foreign qualifications that are in force s 1684S — Transitional—approvals of foreign qualifications that are not yet in force s 1684T — Transitional—orders under section 30‑20 of the old Tax Agent Services Act s 1684U — Transitional—deemed registration of certain relevant providers s 1684V — Transitional—transfer of documents s 1684VA — Application of amendment—approval of domestic qualifications s 1684VB — Transitional—determination approving degrees and qualifications s 1684VC — Certain requirements for registered tax agents s 1685 — Financial reporting and auditing requirements for registrable superannuation entities s 1686 — Definitions s 1686A — Qualified privilege for restructuring practitioners s 1686B — Protection of persons dealing with restructuring practitioner s 1686C — Eligibility criteria for simplified liquidation s 1686D — Powers and duties of liquidator s 1686E — Withdrawal of market bids s 1687 — Definitions s 1687A — Application—Signing and execution of documents s 1687B — Application—meetings s 1687C — Application—sending documents s 1687D — Transitional—elections to be sent documents in hard copy made under section 253RB or 253RC s 1687E — Transitional—elections to receive annual reports in particular form s 1687F — Transitional—elections not to be sent annual reports s 1687G — Transitional—requests for full reports s 1687H — Transitional—other elections to be sent documents in particular form s 1687J — Review of operation of laws s 1687K — Provisions relating to holding virtual‑only meetings cease to have effect if report of review of operation of laws is not tabled within certain period s 1689 — Definitions s 1690 — Application of paragraph 912D(3)(e) s 1691 — Application of subsection 912D(6) s 1692 — Saving of regulation 7.6.04A of the Corporations Regulations 2001 s 1693 — Definitions s 1693A — Application provision s 1693B — Instruments that provide relief from requirements of this Act—Lodgement of annual reports by large proprietary companies s 1694 — Definitions s 1694A — Application—signing documents s 1694B — Application—sending documents s 1694C — Application—uncontactable members s 1694D — Application—directors’ meetings s 1694E — Transitional—elections by Australian members of notified foreign passport funds to receive annual reports in particular form etc. s 1694F — Transitional—elections by members of companies limited by guarantee to receive reports etc. s 1694G — Application of amendments made by Division 2 of Part 1 of Schedule 4 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 s 1694H — Application of amendments made by Division 16 of Part 1 of Schedule 4 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 s 1694J — Transitional—Reference Checking and Information Sharing Protocol s 1696 — Employee share schemes—recognised foreign markets s 1697 — Application of amendment to obligation to make product dashboard publicly available s 1698 — Definitions s 1698A — Translation of references in instruments s 1698B — Definitions s 1698C — Translation of references in instruments s 1698D — Calculation of time s 1698E — Saving of Part 5D.6 authorisations s 1698F — Saving of existing prescribed forms s 1689G — Saving of existing regulations that are not to be remade s 1698H — Saving of declarations that a specified facility etc. is not a financial product s 1698J — Saving of appointments and delegations under Part 7.5 s 1698K — Amendments of Division 5 of Part 7.8A do not affect the continuity of instruments made under section 994L s 1698L — Amendments of Part 9.12 do not affect the continuity of the regulations s 1699 — Definitions s 1699A — Transitional—registration of relevant providers s 1699B — Transitional—relevant providers who are financial services licensees applying to be registered s 1699C — Transitional—financial services licensees applying to register relevant providers s 1699D — Transitional—registration suspension orders s 1699E — Transitional—registration prohibition orders s 1699F — Transitional—action by Financial Services and Credit Panels against relevant providers s 1699G — Application of amendment—requirement for relevant providers to be registered s 1699H — Application of amendment—deemed registration of certain relevant providers s 1700 — Exemptions from requirement to give Financial Services Guide s 1701 — Schemes for avoiding certain product intervention orders s 1702 — Application of amendments s 1703 — Application provision s 1704 — Application of amendments—notice of resignation of directors s 1705 — Definitions s 1705A — Application of amendments—applications for Australian CS facility licences s 1705B — Transitional—Australian CS facility licences in force before the commencement time s 1705C — Transitional—Australian CS facility licences in force before the commencement time for operating overseas clearing and settlement facilities s 1705D — Transitional—applications for an Australian CS facility licence undecided before the commencement time s 1705E — Application of amendments—suspension or cancellation of licences s 1705F — Transitional—prescribed financial markets to be declared financial markets s 1705G — Translation of references to prescribed financial markets in instruments s 1705H — Transitional—widely held market bodies s 1705J — Application of amendments—preservation of voting power s 1705K — Transitional—pre‑commencement approvals granted for preservation of voting power s 1705L — Transitional—preservation of voting power in controlled Australian financial bodies s 1705M — Application of amendments—market licensees and CS facility licensees s 1705N — Transitional—exemptions (Part 7.2) s 1705P — Transitional—exemptions (Part 7.3) s 1705Q — Application of amendments s 1705R — Application of amendments s 1705S — Transitional—directions power to reduce systemic risk s 1706 — Definitions s 1706A — Transitional—Ministerial instruments s 1706B — Application of amendments—special reports and audit reports s 1706C — Transitional—reports in relation to market licensees s 1706D — Transitional—reports in relation to CS facility licensees s 1707 — Definitions s 1707A — Application of amendments—place where sustainability records are kept s 1707B — Application of amendments—sustainability reporting s 1707C — Application of amendments—directors’ declaration s 1707D — Limited immunity for statements in new sustainability reporting s 1707DA — Reports not required under section 292A s 1707DB — Documents specified by exemption orders s 1707E — Accounting standards must deal with audit and review of sustainability reports before 1 July 2030 s 1707F — Review of sustainability report before 1 July 2030 s 1707G — Review of operation of laws s 1708 — Definitions s 1708A — Application—new ongoing fee arrangements s 1708B — Application—existing ongoing fee arrangements s 1708C — Benefits given by a retail client s 1708D — Benefits for employees of ADIs s 1708E — Informed consent for certain insurance commissions s 1709 — Application provision s 1710 — Declaration of relevant relationships s 1712 — Application of amendments Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.