Document ID: chunk:federal_register_of_legislation:C2025C00185:section:250p
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 250P
Character Range: 786778–787523

250P  Extension of time for holding AGM
 (1) A public company may lodge an application with ASIC to extend the period within which section 250N requires the company to hold an AGM.
 (2) If the company applies before the end of the period within which the company would otherwise be required to hold an AGM, ASIC may extend the period in writing. ASIC must specify the period of the extension.
 (3) A company granted an extension under subsection (2) must hold its AGM within the extended period.
 (4) ASIC may impose conditions on the extension and the company must comply with those conditions.
 (5) An offence based on subsection (3) or (4) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.