CORPORATIONS ACT 2001 - SECT 349B Another company becomes an ultimate holding company

CORPORATIONS ACT 2001 - SECT 349B

    If another company becomes an ultimate holding company in relation to a proprietary company, the proprietary company must notify ASIC of:

  (a)   the other company's name; and

  (b)   either:

  (i)   if the other company is registered in Australia--its ABN, ACN or ARBN; or

  (ii)   if the other company is not registered in Australia--the place at which it was incorporated or formed; and

  (c)   the date on which the other company became an ultimate holding company in relation to the proprietary company.