Corporations Regulations 2001
Statutory Rules No. 193, 2001
made under the
Corporations Act 2001
Compilation No. 178
Compilation date: 22 March 2022
Includes amendments up to: F2022L00350
Registered: 4 April 2022
This compilation is in 7 volumes
Volume 1: regulations 1.0.01–6D.5.03
Volume 2: regulations 7.1.02–7.6.08E
Volume 3: regulations 7.7.01–8A.7.20
Volume 4: regulations 9.1.01–12.9.03
Volume 5: Schedules 1, 2 and 2A
Volume 6: Schedules 3–13
Volume 7: Endnotes
Each volume has its own contents
About this compilation
This compilation
This is a compilation of the Corporations Regulations 2001 that shows the text of the law as amended and in force on 22 March 2022 (the compilation date).
The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.
Uncommenced amendments
The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.
Application, saving and transitional provisions for provisions and amendments
If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.
Editorial changes
For more information about any editorial changes made in this compilation, see the endnotes.
Modifications
If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.
Self‑repealing provisions
If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.
Contents
Chapter 1—Introductory 1
Part 1.0—Miscellaneous 1
1.0.01.................... Name of Regulations.......................................................... 1
1.0.02.................... Interpretation....................................................................... 1
1.0.02A................. Prescribed financial market................................................. 9
1.0.02B.................. Proprietary company thresholds (Act s 45A)..................... 9
1.0.03.................... Prescribed forms (Act s 350)............................................ 10
1.0.03A................. Documents that must be in the prescribed form................ 10
1.0.03B.................. Documents that must be lodged with ASIC...................... 11
1.0.03C.................. Documents that must be in a form approved by ASIC..... 12
1.0.04.................... Directions and instructions in forms................................. 12
1.0.05.................... Documents and information required by forms................ 12
1.0.05A................. Lodgment with ASIC....................................................... 12
1.0.06.................... Annexures accompanying forms...................................... 13
1.0.07.................... General requirements for documents................................ 13
1.0.08.................... Information to accompany financial documents lodged for financial years 14
1.0.09.................... Information to accompany financial documents etc lodged for half‑years 15
1.0.10.................... Continuous disclosure notices.......................................... 16
1.0.11.................... Certain documents to be signed by personal representatives etc 16
1.0.12.................... Form of notice of resolution............................................. 16
1.0.13.................... Time for lodging documents............................................. 16
1.0.14.................... Address of registered office or place of business............. 17
1.0.15.................... Affidavits and statements in writing................................. 17
1.0.16.................... Certification and verification of certain documents........... 17
1.0.17.................... Documents signed or sworn in accordance with the rules 17
1.0.18.................... Prescribed provisions (Act s 53)...................................... 18
1.0.20.................... Copies of orders to be lodged........................................... 18
1.0.21.................... Identification of lodged orders.......................................... 18
1.0.22.................... Territorial application of Act............................................. 18
Part 1.1—Prescribed amounts 19
1.1.01.................... Prescribed amounts........................................................... 19
Part 1.2—Interpretation 20
Division 1—General 20
1.2.01.................... Remuneration recommendations (Act s 9B)..................... 20
Part 1.2A—Disclosing entities 21
1.2A.01................. Securities declared not to be ED securities........................ 21
1.2A.02................. Foreign companies issuing securities under foreign scrip offers etc exempt from disclosing entity provisions............................................................... 21
1.2A.03................. Foreign companies issuing securities under employee share scheme exempt from the disclosing entity provisions.............................................. 22
Chapter 2A—Registration of companies 23
Part 2A.1—Size of partnerships or associations (Act s 115(2)) 23
2A.1.01................. Size of partnerships or associations.................................. 23
Part 2A.2—Change of place of registration of company (Act s 119A(3)) 24
2A.2.01................. Approval of application for change of place of registration 24
2A.2.02................. Special resolution may be set aside by Court order........... 24
2A.2.03................. Application for change of place of registration................. 24
2A.2.04................. Change of place of registration......................................... 24
Chapter 2B—Basic features of a company 26
Part 2B.6—Names 26
2B.6.01.................. Availability of names (Act s 147)..................................... 26
2B.6.02.................. Consents required for use of certain letters, words and expressions 26
2B.6.02A............... Exemption from requirement to include “Limited” in name 27
2B.6.03.................. Exemptions from requirement to set out name and ACN on certain documents (Act s 155).......................................................................................... 27
Chapter 2C—Registers 28
Part 2C.1—Registers generally 28
Division 2C.1.1—Location of register 28
2C.1.01.................. Form of notice.................................................................. 28
Division 2C.1.2—Right to inspect and get copies of register 29
2C.1.02.................. Form of register................................................................ 29
2C.1.03.................. Improper purposes for getting copy of register................. 29
2C.1.04.................. Information to be included in application for copy of register 29
Division 2C.1.3—Use of information on registers by bodies corporate 30
2C.1.05.................. Contact with members after failure to provide copy of register 30
Chapter 2D—Officers and employees 32
Part 2D.2—Restrictions on indemnities, insurance and termination payments 32
Division 2D.2.2—Termination payments 32
2D.2.01................. Meaning of base salary.................................................... 32
2D.2.02................. Meaning of benefit............................................................ 33
2D.2.03................. When benefit given in connection with retirement from an office or a position 34
Part 2D.6—Disqualification from managing corporations 35
Division 2D.6.1—Automatic disqualification (Act s 206B) 35
2D.6.01................. Prescribed foreign jurisdictions (Act s 206B(7)).............. 35
Part 2D.7—Ban on hedging remuneration of key management personnel 36
2D.7.01................. Hedging arrangements (Act s 206J(3))............................. 36
Chapter 2E—Related party transactions 38
2E.1.01.................. Small amounts given to related entity................................ 38
Chapter 2G—Meetings 39
Part 2G.2—Meetings of members of companies 39
Division 6—Proxies and body corporate representatives 39
2G.2.01................. Authentication of appointment of proxy (Act s 250A)..... 39
Chapter 2K—Charges 40
Part 2K.2—Registration 40
2K.2.01.................. Lien or charge on crop or wool, or stock mortgage, that is a registrable security: prescribed law—subsection 262(5) of the Act................................... 40
2K.2.02.................. Time period for the provisional registration of charges..... 41
2K.2.03.................. Charge that is a registrable security: specified law—paragraphs 273A(4)(b), 273B(3)(b) and 273C(3)(b) of the Act....................................................... 41
Chapter 2L—Debentures 42
Part 2L.2—Duties of borrower 42
2L.2.01.................. Register relating to trustees for debenture holders............ 42
Chapter 2M—Financial reports and audit 43
Part 2M.3—Financial reporting 43
Division 1—Annual financial reports and directors’ reports 43
2M.3.01................. Disclosures required by notes to consolidated financial statements—annual financial reports (Act s 295)........................................................................ 43
2M.3.03................. Prescribed details (Act s 300A)........................................ 43
Part 2M.4—Auditor 52
2M.4.01A.............. Membership designations (Act s 324BE)......................... 52
2M.4.01................. Notice of appointment of auditors..................................... 52
Part 2M.4A—Annual transparency reports for auditors 52
2M.4A.01.............. Application....................................................................... 52
2M.4A.02.............. Content of annual transparency report (Act s 332B)......... 52
Part 2M.6—Modification of the operation of Chapter 2M of the Act 52
2M.6.01................. Modifications (Act s 343)................................................. 52
2M.6.05................. Conduct of auditor—relevant relationships....................... 52
Chapter 2N—Updating ASIC information about companies and registered schemes 52
Part 2N.2—Extract of particulars 52
2N.2.01................. Particulars ASIC may require in an extract of particulars (Act s 346B) 52
Part 2N.4—Return of particulars 52
2N.4.01................. Particulars ASIC may require in a return of particulars (Act s 348B) 52
Chapter 5—External administration 52
Part 5.1—Arrangements and reconstructions 52
5.1.01.................... Prescribed information for paragraph 411(3)(b) and subparagraph 412(1)(a)(ii) of the Act.......................................................................................... 52
5.1.02.................... Giving notice under subsection 414(2) or (9) of the Act.. 52
5.1.50.................... Prescribed kinds of contracts, agreements or arrangements under which rights are not subject to the stay in section 415D of the Act............................... 52
Part 5.2—Receivers, and other controllers, of corporations 52
5.2.01.................... Controller’s notice to owner or lessor of property—how given 52
5.2.02.................... Certified copies of reports................................................. 52
5.2.50.................... Prescribed kinds of contracts, agreements or arrangements under which rights are not subject to the stay in section 434J of the Act................................ 52
Part 5.3A—Administration of a company’s affairs with a view to executing a deed of company arrangement 52
5.3A.03A.............. Notice of first meeting of creditors................................... 52
5.3A.05................. Administrator’s notice to owner or lessor of property—how given 52
5.3A.06................. Provisions included in deed of company arrangement...... 52
5.3A.06A.............. Notice of resolution to wind up voluntarily...................... 52
5.3A.07A.............. Notice of appointment of administrator............................. 52
5.3A.50................. Prescribed kinds of contracts, agreements or arrangements under which rights are not subject to the stay in section 451E of the Act................................ 52
Part 5.3B—Restructuring of a company 52
Division 1—Preliminary 52
5.3B.01.................. Definitions........................................................................ 52
Division 2—Restructuring 52
Subdivision A—Restructuring generally 52
5.3B.02.......