Document ID: chunk:federal_register_of_legislation:C2016A00011:clause:2_422a
Version: federal_register_of_legislation:C2016A00011
Segment Type: clause
Provision Reference: sch 2 cl 422A
Character Range: 430382–431577

422A  Annual return by controller
 (1) This section applies if a person is the controller of property of a corporation during all or part of a control return year for the controller for the corporation.
 (2) However, this section does not apply if:
 (a) the control of the property ends during the control return year; and
 (b) the person is the controller of the property when the control of the property ends.
Note: If a person is the controller of property of the corporation when the control of the property ends, the person must instead lodge a return under section 422B.
 (3) The person must lodge a return in relation to the control of the property of the corporation.
 (4) The return must:
 (a) be in the approved form; and
 (b) be lodged with ASIC within 3 months after the end of the control return year.
Note: Fees for lodging documents and late lodgement fees may be imposed under the Corporations (Fees) Act 2001.
 (5) Each of the following is a control return year for a controller for a corporation:
 (a) the period of 12 months beginning on the day on which the person first began to be a controller of the property of the corporation;
 (b) each subsequent period of 12 months.