Commonwealth Consolidated Acts

ACIS ADMINISTRATION ACT 1999 - SECT 21

             (1)  A group of related bodies corporate (within the meaning of sections 9 and 50 of the Corporations Act 2001 ) may apply to the Secretary for permission to seek registration as a participant as if the group were a single person.

             (2)  The application for the Secretary's permission must:

                     (a)  be in writing; and

                     (b)  be in an approved form; and

                     (c)  contain such information as the form requires; and

                     (d)  be accompanied by such documents as are necessary to establish that the companies are related; and

                     (e)  without limiting the generality of paragraph (b), must nominate the member of the group who:

                              (i)  is to act as the nominated contact person; and

                             (ii)  is to receive duty credit on behalf of the group.

             (3)  Only a resident of Australia may be specified as the nominated contact person.

             (4)  The Secretary must deal with the application for permission in accordance with the regulations.

             (5)  A decision by the Secretary to grant or to refuse permission must be made in writing and, in the case of a refusal, be accompanied by a statement of the reasons for the refusal.

             (6)  A decision to grant permission must specify the conditions, if any, to which the application is subject.

             (7)  A decision to grant permission takes effect:

                     (a)  on a day specified in the decision; or

                     (b)  if no day is specified--on the day on which the decision is given.