Duty to notify ASIC of information related to trustee
(1) Within 14 days after the trustee is appointed, the borrower must lodge with ASIC a notice containing the following information: (a) the name of the trustee; (b) any other information related to the trustee or the debentures that is prescribed by the regulations. (2) If there is any change to the information, the borrower must, within 14 days of the change, lodge with ASIC a notice containing the changed information. (3) A notice under subsection (1) or (2) must be in the prescribed form.
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. Verify the current text against the official source before relying on it.
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