389 Opt-in/change of holding entity notice by wholly-owned company relieved from financial reporting obligations
| Form 389 | |||
| Description | Opt–in/change of holding entity notice by wholly–owned company 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 ASIC Corporations (Wholly-owned Companies) Instrument 2016/785. Conditions of the instrument 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 : Refer to the instrument for the full requirements for relief. |
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| Applicable Fees | No fee | ||
| Lodging Period | Any time up to 4 months after the end of the first financial year relief applies | Late Fees | Not applicable |
| Legislation References |
Corporations Act 2001\341 ASIC Corporations (Wholly-owned Companies) Instrument 2016/785 |
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| Related Forms | Related Information | ||
| Online Lodgement | Not applicable | Paper Lodgement |
Download Form 389 (PDF 146 KB) |
| Address for lodgement | Generally, forms should be posted to:
More information on how to lodge paper company forms To allow suitable time for the delivery of your documents, we recommend you check Australia Post delivery times. Late fees may apply if a document is not received by us within the required timeframe. |
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