Query
When processing a share transfer, Section C4 of Form 484 is not shown.
Solution
Section C4 will not appear if the company is a Public company.
Section C4 is used to notify changes to the register of members for a proprietary company (changes to the shareholdings of members):
- If there are 20 members or less in a share class, all changes need to be notified
- If there are more than 20 members in a share class, only changes to the top twenty need be notified (s178B)
- If shares are jointly owned, you must also provide names and addresses of all joint owners on a separate sheet (annexure), clearly indicating the share class and with whom the shares are jointly owned
The Company type can be changed from the General Details screen.