Transfer of shares or change to beneficial ownership status | ASIC

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If there is a transfer of shares between shareholders, or the beneficial status of a shareholder changes, the company must tell us within 28 days.

Before you start

If the company is not issuing any new shares but transferring them between members (shareholders), it must tell ASIC about:

transfer of shares
any change to the beneficial status of shares.

To make changes to members (shareholders) online, you need to be signed up for online access. Find out how to do this: Company officeholder portal

Steps to transfer shares or change beneficial ownership status

Log in to the company officeholder portal

Use your ACN or ABN and password to log in.

Start transaction

Select the ‘Start new form’ option from the menu.
Select ‘Form 484 – Change to Company Details’ from the list of options.
Select ‘Change to members register’ from the list.

Make the changes

To transfer shares

Remove shares from one shareholder (the person you are transferring from) and add them to another shareholder (the one who is getting the shares).
To remove shares, select ‘Change’ or ‘Cease’. Complete details and select the ‘Next’ button.
To add shares, select ‘Change’. Complete the details and select the ‘Next’ button.

To change the beneficial status

Select 'Change' next to the shareholder's name.
Select 'Cease' next to the shareholding you need to change the beneficial status against.
Select the 'Next' button to confirm.
Select 'Add a new member to the register' (if this is their only shareholding) or 'Add a new holding for this member' (if they have more than one shareholding).
Enter the shareholder's details.
Enter the shareholder's holding details.
Once complete, select the 'Next’ button.

Review and confirm

Check the details are correct. If you need to change something, press the ‘Cancel’ button.
Select the ‘Next’ button when all changes have been made.

Declare and submit

Read the declaration to make sure you agree with it. If you do, select the ‘Yes’ button.
Select the ‘Submit’ button to submit the form.
You’ll get a message that confirms your request has been submitted.
Select ‘Document acknowledgement’ if you want to download a PDF version of the documents. You can print or save the PDF for your records.