310K. Duty of Controller to provide change of information

A person who is a registrable controller in relation to a company or foreign company who knows, or ought reasonably to know that a relevant change has occurred in the prescribed particulars of the registrable controller shall notify the company or foreign company of the relevant change -

stating the date that the change occurred; and

providing the particulars of the change.

The person mentioned in subsection (1) shall comply with the requirements of that subsection within such period as may be prescribed after the date on which that person first knew or ought reasonably to have known of the relevant change.

A person need not comply with the requirements of a subsection (1) if the person has received a notice from the company or foreign company under section 310H(l) and has complied with the requirements of the notice within the time specified in the notice for compliance.

Any person who fails to comply with subsection (1) or (2) is guilty of an offence and liable on conviction to a fine not exceeding $5,000.

For the purposes of this section, a relevant change occurs if -