CP 35 Financial reporting and AGM obligations for companies in external administration under Part 5.3A
Released 5 September 2002. Comment closed 31 October 2002.
This discussion paper considers:
- the financial reporting and annual general meeting (AGM) obligations of companies in external administration under Part 5.3A of the Corporations Act 2001 (Act); and
- the nature and scope of relief that ASIC should grant in respect of those obligations.
In this paper, we set out:
- guidance on the financial reporting and AGM obligations of companies under administration or a deed of company arrangement (Section 1);
- the nature and scope of our power to grant relief from compliance with these obligations (Section 2);
- our proposed options for granting relief from the financial reporting obligations (Section 3); and
- our proposed option for granting relief from the AGM obligations (Section 4).
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