The e-signature functionality is no longer available for ASIC Form 362.
ASIC recently issued a newsletter clarifying their compliance position on the signing requirements for Form 362 –Notification by a company to nominate or cease a registered agent or contact address.
In summary, the newsletter stated:
- Form 362 must be signed in “wet-ink” rather than by electronic signature
- A hard copy of the physically executed Form 362 must be held on file by ASIC Agents for at least 7 years
This compliance requirement is irrespective of the fact that Form 362 can be lodged electronically.
Accordingly, NowInfinity has made the decision to remove the e-signature functionality for executing ASIC Form 362.
How does this affect you?
Existing Form 362 awaiting signature
Due to the removal of the e-signature functionality, if your incomplete list page had any existing Form 362 awaiting signature – these forms have now been converted to Paper Signing only.
Previously lodged Form 362
All previously lodged 362 forms in your lodgement list page will be updated to show a “modified on” date of 14th November 2020.
Note: The electronic lodgement functionality will still remain available for Form 362.