Document ID: chunk:federal_register_of_legislation:C2025C00185:front:0:p6
Version: federal_register_of_legislation:C2025C00185
Segment Type: other
Provision Reference: 
Character Range: 13531–16724

mutual entities and MCIs
167AC Meaning of MCI mutual entity
167AD Meaning of MCI
167AE MCI requirements—class rights
167AF MCI requirements—other requirements
167AG MCIs must be cancelled before MCI mutual entity demutualises
Division 3—Special procedure for amending constitution of mutual entity that proposes to issue MCIs
167AH Purpose and application of this Division
167AI MCI amendment resolution
167AJ Procedure for MCI amendment resolution
Chapter 2C—Registers
Part 2C.1—Registers generally
167A Who is covered by this Chapter
168 Registers to be maintained
169 Register of members
170 Register of option holders and copies of options documents
171 Register of debenture holders
172 Location of registers
173 Right to inspect and get copies
174 Agent's obligations
175 Correction of registers
176 Evidentiary value of registers
177 Use of information on registers
178 Overseas branch registers—companies
178AA Overseas branch registers—Australian passport funds
Part 2C.2—Notice by proprietary companies of changes to member register
178A Notice of change to member register
178B Top 20 only
178C Notice of change to share structure
178D Time within which ASIC must be notified
Chapter 2D—Officers and employees
Part 2D.1—Duties and powers
179 Simplified outline of this Part
Division 1—General duties
180 Care and diligence—civil obligation only
181 Good faith—civil obligations
182 Use of position—civil obligations
183 Use of information—civil obligations
184 Good faith, use of position and use of information—criminal offences
185 Interaction of sections 180 to 184 with other laws etc.
186 Territorial application of sections 180 to 184
187 Directors of wholly‑owned subsidiaries
188 Responsibility of secretaries etc. for certain corporate contraventions
189 Reliance on information or advice provided by others
190 Responsibility for actions of delegate
190A Limited application of Division to registrable Australian bodies
190B Division does not apply to Aboriginal and Torres Strait Islander corporations
190C Division does not apply in relation to notified foreign passport funds or their operators
Division 2—Disclosure of, and voting on matters involving, material personal interests
191 Material personal interest—director's duty to disclose
192 Director may give other directors standing notice about an interest
193 Interaction of sections 191 and 192 with other laws etc.
194 Voting and completion of transactions—directors of proprietary companies (replaceable rule—see section 135)
195 Restrictions on voting—directors of public companies only
196 ASIC power to make declarations and class orders
Division 3—Duty to discharge certain trust liabilities
197 Directors liable for debts and other obligations incurred by corporation as trustee
Division 4—Powers
198A Powers of directors (replaceable rule—see section 135)
198B Negotiable instruments (replaceable rule—see section 135)
198C Managing director (replaceable rule—see section 135)
198D Delegation
198E Single director/shareholder proprietary companies
198F Right of access to company books
Division 5—Exercise of powers while company under external administration
198G Exercise of powers while company under