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Form 389 |
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| 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 |
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| Related Forms | Related Information | ||
| Online Lodgement | Not applicable | Paper Lodgement |
last updated : 17/01/2011 |
| Address for lodgement |
Generally, forms should be posted to:
PO Box 4000 Gippsland Mail Centre VIC 3841 More information on how to lodge paper company forms |
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