Why is ASIC overriding Officer cessation dates?

In line with anti-phoenixing legislation that came into place earlier this year, NowInfinity will now prompt you when lodging changes through Forms 484B1, 484B12 and 484E, with an effective date of cessation with more than 28 days in the past:
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You will also need to confirm at the time of lodgement, whether you want to continue, as late fees will be applicable and the date of cessation will be replaced by ASIC to the lodgement date:
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Click here for further details on this change.

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