Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1070

Register of holders of prescribed interests
1070. (1) The management company shall, in respect of each deed with which the
management company is concerned, keep at the registered office or principal
place of business in Australia of the management company, or at such other
place in Australia as the Commission approves, a register of the holders of
prescribed interests under the deed and enter in the register:

   (a)  the names and addresses of the holders;

   (b)  the extent of the holding of each holder and, if the holder's
        prescribed interest consists of a specified interest in any property,
        a description of the property sufficient to identify it;

   (c)  the date at which the name of each person was entered in the register
        as a holder; and

   (d)  the date at which any person ceased to be a holder.

(2) The provisions of Division 5 of Part 2.4 (except section 214) shall, with
such modifications as are necessary, apply in relation to the registers kept
under subsection (1).

(3) A management company that:

   (a)  keeps a register of holders of prescribed interests under subsection
        (1) at a place within 25 kilometres of an office of the Commission;
        and

   (b)  provides reasonable accommodation and facilities for persons to
        inspect and take copies of its list of holders of interests; need not
        comply with the provisions of paragraph 1071 (1) (c) in relation to
        the deed under which those interests are held unless the Commission,
        by order published in the Gazette, otherwise directs. 


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