Section 349A — Corporations Act 2001 (Cth)

Proprietary companies must notify ASIC of changes to ultimate holding company

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

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

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

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.

Related sections

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 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

Research how courts apply s 349A

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

Try BriefBridge free