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The document is the Australian Securities and Investments Commission (ASIC) Form 492, which is used to request corrections to previously lodged documents under the Corporations Act 2001. It outlines the necessary details for submission, including company information, original document details, and correction specifics. The form must be signed by an authorized individual and can be submitted online or via mail. Additional guidance on completing the form and requirements for supporting documentation is also provided.

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Versions	Form popularity	Fillable & printable
2019	4.8 Satisfied (165 Votes)
2018	4.4 Satisfied (25 Votes)

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How long does ASIC take to process form 492?

It may take up to 28 days for ASIC to process Form 492 for mistake correction, so the change may not appear on the Company Profile immediately.

What is ASIC form 484 share cancellation?

All companies must notify ASIC if they cancel shares by completing a Change to company details (Form 484 - online). Section 254Y of the Corporations Act 2001 requires a company to lodge a Form 484 within one month after the shares are cancelled, advising: the number of shares cancelled; and.

What is ASIC Form 492?

The ASIC Form 492 is utilised to rectify errors in previously submitted documents to maintain accurate company records and cannot be used to correct omissions or guarantee that the correction will be accepted by ASIC.

What is ASIC form 2205?

The purpose of the Form 2205 is to notify ASIC that a resolution regarding shares has been passed by a company. A Form 2205 cannot be lodged online, this is a paper lodgement. Note: The Form 2205 will only generate the ASIC form, with no resolution or minutes.

What is the ASIC form for issue of shares?

How do you notify ASIC of a share issue? Businesses inform ASIC of changes using a variety of forms. Form 484 is the form that must be filed (online) with ASIC to advise them of the change in share structure and change in members register.

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What is ASIC responsible for?

Our role under the ASIC Act is to: maintain, facilitate and improve the performance of the financial system and entities in it. promote confident and informed participation by investors and consumers in the financial system. administer the law effectively and with minimal procedural requirements.

Can an ASIC form 492 be lodged online?

Normally, Form 492 can be lodged manually or electronically. However, Form 494 cannot be lodged electronically if it is being used to correct details for Form 201 Application for Registration as an Australian Company. In that case, it is lodged manually.

What is the purpose of a capital reduction?

Capital reduction is the process by which a company reduces its shareholders equity through the repurchase and cancellation of shares or a reduction in statutory reserves. A capital reduction can enable a company to reduce its negative position, create distributable reserves or return capital to the shareholders.

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