ASIC TO ASSIST FLOOD AFFECTED COMPANIES

THE Australian Securities and Investments Commission (ASIC) today announced special arrangements to assist companies affected by floods throughout Queensland.

ASIC Regional Commissioner for Queensland Pamela Hanrahan, recognises that some companies and office holders in flood affected areas may have difficulties in coming weeks with lodgments, notifications and payment of fees.

“In cases where companies and office holders are experiencing difficulties, extensions of time may be granted and late fees waived. Each case will be considered on its own individual merits,” says Hanrahan.

Hanrahan says those companies whose records have been lost or damaged, or who wish to discuss their particular circumstances, should contact ASIC.