Does CAS 360 automatically import company information from ASIC?

Query

I have recently lodged the form 362 - appointment forms with ASIC directly. How long is the turnaround to have these drawn into CAS 360?

Solution

As CAS 360 is charged per company, CAS 360 does not automatically add new companies that you become the agent for*

After Form 362 is accepted, the Form RA71 is automatically lodged by CAS 360 to import all the company information from ASIC into CAS 360. 

Note: CAS 360 will automatically import company information when an annual review is received from ASIC and when company has not added to the company selection screen in CAS 360.