Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 709

Substantial shareholder to notify company of interests
709. (1) A person who is a substantial shareholder in a company that is a
corporation shall give a written notice to the company in accordance with this
section.

(2) A corporation that is a substantial shareholder in a company that is not a
corporation shall give a notice to the company in accordance with this
section.

(3) A notice by a person under subsection (1) or (2) shall:

   (a)  be in such form (if any) as is prescribed;

   (b)  state:

        (i)    the person's name and address;

        (ii)   the prescribed particulars of the voting shares in the company
               in which the person or an associate of the person has a
               relevant interest or relevant interests (including, unless the
               interest or interests cannot be related to a particular share
               or shares, the name of the person who is registered as the
               holder);

        (iii)  the prescribed particulars of each such interest;

        (iv)   the prescribed particulars of any agreement, or any other
               circumstances, because of which the person or the associate
               acquired that interest or has that interest; and

        (v)    such other particulars (if any) as are prescribed; and

   (c)  be accompanied by the prescribed documents.

(4) A person required to give a notice under subsection (1) or (2) shall give
the notice before the end of 2 business days after the day on which that
person becomes aware of the relevant interest or interests because of which
the person is a substantial shareholder.

(5) The notice shall be so given notwithstanding that the person has ceased to
be a substantial shareholder before the end of the period referred to in
subsection (4). 


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