ASIC releases new AGM guidelines
The Australian Securities and Investments Commission (ASIC) has released new guidelines for meeting upcoming AGM and financial reporting requirements due to the impacts of COVID-19. For associations that are companies limited by guarantee with December year end, ASIC has confirmed that it:
Will take no action if the AGMs are postponed for two months; that is, until the end of July
Supports the holding of AGMs using appropriate technology.
ASIC does…