163 Registration of assignment of charge

Registration of assignment of charge

Under Section 112A of the Act, an assignment of change must be registered.

Form 40A is used in the registration of assignment of change. There is no registration fees. However, the following must be followed:

1. Form 40A needs to be lodged within 30 days after the date of change.

2. Late fees for late lodgement needs to be included.

The details of the change in owner of the charge are to be updated in the computer.


Activity 3.12
Question to activity 3.12 Suggested answers to activity 3.12


BCS 202/05 Corporate Compliance Management Copyright © 2011 by Wawasan Open University. All Rights Reserved.


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