Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 787

787. (1) It is a condition of a licence that, within one day after the
happening of an event constituting a contravention of a condition of the
licence, the licensee shall lodge a written notice setting out particulars of
the event.

(2) A contravention of a condition existing by virtue of subsection (1) shall
be disregarded if:

   (a)  when the condition required the licensee to lodge the notice, the
        licensee was unaware of a fact or occurrence that gave rise to the
        requirement; and

   (b)  in a case where the licensee has since become aware of that fact or
        occurrence-the licensee lodged the notice as soon as practicable after
        becoming so aware.