368A. Duty of directors and authorised representatives to provide information to foreign company Flashcards
368A. Duty of directors and authorised representatives to provide information to foreign company
General overview
[368A.01] Basically, s 368A throws the burden on the directors and authorised representatives of the foreign company to inform the foreign company of the information required under ss 368(1)(d) or (e), 370(3), (4), (7) and 372(1). Section 368A(1) and (2) impose this obligation on the directors and authorised representatives of the company, by requiring them to furnish to the company such information as may be required under the relevant sections, within the specified period: Explanatory Statement to Bill No 25 of 2014 [passed on October 8, 2014]. Such directors and authorised representatives must notify the company of their initial appointment or subsequent changes in their appointment as such, or any changes in the particulars contained in the various registers, within 14 days from their initial appointment or subsequent change in appointment, as the case may be: s 368A(1) and (2).
