The Registrar of Companies (the Registrar) has granted exemptions under section 26A of the COVID-19 Response (Requirements For Entities—Modifications and Exemptions) Act 2020 that will ease compliance obligations on companies and limited partnerships affected by COVID-19.
The effect of the exemptions is to modify or relax time frame requirements in relation to holding annual meetings, financial reporting duties and annual reports. These apply to acts and omissions that occur from 3 November 2021 and are in force until the end of 30 October 2022.
If a company or limited partnership decides to rely on an exemption, they must send a notice to the Registrar as soon as practicable, and not later than 30 October 2022. This notice must meet certain criteria.
To find out more about the exemptions, and what you must do to take advantage of them, please refer to our full update.