Representative of a Corporate Local Agent

Query

How do I select a representative of a corporate local agent for a foreign company forms which is needed to sign forms?

Solution

A representative of a corporate local agent can be selected in the Company Info Screen.

A registered foreign company must always have a local agent. A local agent of a registered foreign company is:

• responsible for any obligations the company must meet, and
• liable for any breaches or penalties.

If a local agent ceases, you must appoint another one. A local agent can be appointed by:

• a memorandum of appointment (a Form 418 Memorandum of appointment of local agent may be used for this purpose) or
• a power of attorney duly executed by or on behalf of the foreign company 

From the Main Toolbar, go to Company.
Select the Company from the list.
Select Relationships

Click 

Select Local Agent

Instructions

CAS 360 will display the Add/edit Local Agent screen. 

Field	Explanation
Local Agents Name	Begin typing the Local Agent's name. CAS 360 will begin searching the Global Contact screen for the person. If the Contact has not been previously added to the Global Contact screen, will appear. Click  to add a new contact. When a user selects a local agent that is a Contact Company - the 'Office Signatory' field will appear and this contact will be able to sign the forms
Status	Select the Status of the Auditor - Appointed or Ceased
Appointment Method	Was the local agent appointed by a memorandum of appointment (a Form 418 Memorandum of appointment of local agent may be used for this purpose) or a power of attorney duly executed by or on behalf of the foreign company
Start Date/Date Ceased	Enter the Appropriate date of the Local Agent change

Click