Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 270

(1)

Where a notice in respect of a charge on property of a company is required to be lodged under section 263 or 264 or subsection 268(2), the notice may be lodged by the company or by any interested person.

(2)

Where default is made in complying with section 263 or 264 or subsection 268(2) in relation to a registrable charge on property of a company, the company and any officer of the company who is in default each contravene this subsection.

(3)

Where a person who becomes the holder of a registrable charge fails to comply with subsection 268(1), the person and, if the person is a body corporate, any officer of the body corporate who is in default, each contravene this subsection.

(4)

Where a document required by this Part other than subsection 268(1) to be lodged is lodged by a person other than the company concerned, that person:

(a)

shall, within 7 days after the lodgment of the document, give to the company a copy of the document; and

(b)

is entitled to recover from the company the amount of any fees properly paid by the person on lodgment of the document.