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Form 389
Description Opt–in/change of holding entity notice by wholly–owned entity relieved from financial reporting obligations
Purpose Form 389 is to be prepared by companies that obtain relief from preparing and lodging an audited financial report with ASIC pursuant to Class Order 98/1418. Conditions of the class order include a requirement that the company be wholly-owned by another company and enters into a deed of cross–guarantee with that company. Form 389 needs to be lodged if : (a) the company did not take advantage of relief available under Class Order 98/1418 in the immediately preceding year, or (b) the company’s holding entity changes. Refer to the class order and editorial note for the full requirements for relief.
Applicable Fees No Fee
Lodging Period with 4 months after the end of the first financial year relief applies Late Fees Not applicable
Legislation References Corporations Act 2001\341
Class Orders\98\1418
Related Forms Related Information
Online Lodgement Not applicable Paper Lodgement
PDF 150kb

last updated : 17/01/2011
Address for lodgement Generally, forms should be posted to:

    Australian Securities and Investments Commission
    PO Box 4000
    Gippsland Mail Centre VIC 3841

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