Section 1214 — Corporations Act 2001 (Cth)

(1) ASIC must either:

(a) establish and maintain a Register of Passport Funds; or

(b) ensure that a Register of Passport Funds is established and maintained.

(2) If the Register of Passport Funds is established and maintained by ASIC, ASIC may do so in any form that ASIC considers appropriate.

(3) The Register of Passport Funds:

(a) must include the prescribed details of Australian passport funds and notified foreign passport funds; and

(b) must include the prescribed details of funds that have been deregistered as Australian passport funds and funds that have been removed as notified foreign passport funds; and

(c) may include details of other passport funds.

(4) For the purposes of the Corporations legislation, a reference to a register kept by ASIC under this Act is taken to include a Register of Passport Funds that ASIC ensures is established and maintained under paragraph (1)(b).

Related sections

• 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 1215 — Stop order—Australian passport funds
• s 1215A — Stop order—notified foreign passport fund
• s 1215B — Interim stop orders

Research how courts apply s 1214

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.