Document ID: chunk:federal_register_of_legislation:C2004A02825:body:0:p69
Version: federal_register_of_legislation:C2004A02825
Segment Type: other
Provision Reference: 
Character Range: 169822–172552

(a), to be shown with respect to that director in a register kept in accordance with sub-section 231 (1); and
          (c) particulars of any interest of the director in a contract or proposed contract with the company, being an interest the nature of which has been declared by the director in accordance with sub-section 228 (1)—
              (i) in the case of the first statement made by the directors of the company under this sub-section—since the commencement of section 81 of the Companies and Securities Legislation (Miscellaneous Amendments) Act 1983; or
              (ii) in any other case—since the date of the last statement made under this sub-section."; and
     (b) by adding at the end thereof the following sub-sections:
     "(9) The directors of a company are not required to comply with any of the requirements of this section in relation to a financial year of the company if—
          (a) in the case of a company that is not a holding company—the company has been dormant throughout the period commencing at the commencement of that financial year and ending on the prescribed day; or
          (b) in the case of a company that is a holding company—
              (i) the company has been dormant throughout the period (in this paragraph referred to as the 'relevant period') commencing at the commencement of that financial year and ending on the prescribed day; and

              (ii) each corporation that was a subsidiary of the company at any time during that financial year has been dormant throughout so much of each period during which it was a subsidiary of the company as falls within the relevant period.
     "(10) In sub-section (9), 'prescribed day', in relation to a financial year of a company, means the fourteenth day before—
          (a) in a case to which paragraph (b) does not apply—the annual general meeting of the company held in relation to that financial year; or
          (b) if no annual general meeting of the company is held in relation to that financial year within the period within which it is required by section 240 to be held—the end of that period.
     "(11) Where, at the end of a financial year of a company, the company was a wholly-owned subsidiary of another company or of a recognized company, sub-section (1) applies in relation to that first-mentioned company in relation to that financial year as if paragraphs (1) (b), (c), (d) and (e) were omitted.
     "(12) Where, at the end of a financial year of a company, the company was an exempt proprietary company, sub-section (1) or (2), as the case requires, applies in relation to that company in relation to that financial year as if paragraphs (b), (c), (d) and (e) of that sub-section were omitted.