Definition
Form 484 is a legal document used for notifying the Australian Securities and Investments Commission (ASIC) of changes to a company’s details.
What is a Form 484?
A Form 484 is crucial for maintaining accurate and up-to-date information in the official records held by ASIC, ensuring transparency and regulatory compliance for registered companies under the Corporations Act 2001.
Companies are required to use Form 484 to report various changes, including changes to the company’s registered office address, principal place of business, or office hours. It is also used to notify ASIC of changes in company directors or secretaries, such as appointments, resignations, or changes in personal details like names or addresses. Additionally, Form 484 is used for recording changes to share structure or member details, including issuing new shares, transferring shares, or updating shareholder information.
Companies are typically required to file Form 484 within 28 days of the change occurring to avoid late fees or potential penalties. Accurate and timely submission of Form 484 helps ensure that the company’s public record is correct, which is essential for legal and operational purposes.
Using Form 484, companies can maintain compliance with their statutory obligations, assisting with the efficient administration of corporate records. This process supports the integrity of the corporate regulatory framework in Australia, providing reliable information to stakeholders, including investors, creditors, and the public.
Example of how a Form 484 is used
A company based in Sydney changes its registered office address from one location to another. To update this information in the Australian Securities and Investments Commission records, the company completes and submits Form 484.
By doing so, they make sure that their new address is correctly reflected in ASIC’s records. This update helps maintain accurate contact details for legal and correspondence purposes, making sure that the company remains compliant with regulatory requirements and avoids potential issues related to outdated contact information.