Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 318
Additional reporting by debenture issuers
- (1)
- A company or disclosing entity that was a
borrower in relation to debentures at the end of a financial year must give a
copy of the annual financial report, directors' report and auditor's report to
the trustee for debenture holders by the deadline for the financial year set
by section 315.
- (2)
- A debenture holder may ask the company or disclosing entity that
issued the debenture for copies of:
- (a)
- the last reports sent to members under section 314;
or
- (b)
- the full financial report and the directors' report and auditor's
report for the last financial year.
- (3)
- The company or entity must give the
debenture holder the copies as soon as practicable after the request and free
of charge.
- (4)
- A disclosing entity that was a borrower in relation to debentures
at the end of a half-year must give a copy of the half-year financial report,
directors' report and auditor's report to the trustee for debenture holders
within 75 days after the end of the half-year.
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