Transferring shares including transferring from Beneficially to non-beneficially held.
Before running any transfers/disposals it is best to ensure your data matches ASIC records. Please run the following:
Select the company and complete an RA71 lodgment.
Go to Lodgment on the main menu then click Retrieve Reports/Data Download
Once the data download is complete press Select on the bottom menu to select the entity again.
You will then be prompted to Compare the Download.
Once compared exit out this report then click Delete on the bottom menu
Select All Company Data (top option only)
Click Ok
Click Select Again
You will then be prompted to Read in the download.
Tab to the Individuals tab.
Highlight each individual associated with the company and press Merge.
Merge any duplicate records.
To Transfer Shares:
Highlight the shareholder you wish to transfer from
Press Select then click Dispose
Enter all relevant details of the shares (please note the share price is not disposal price but price originally paid)
On pressing Ok you will then be prompted to create the form 484
Highlight the shareholder you wish to transfer to or select New to create the shareholder you wish to transfer to.
Press Select and Acquire
Fill in all relevant details
On pressing Ok create form 484 for Lodgment.
Transferring from Beneficially held to non-beneficially held or vice versa
For beneficially held to non-beneficially held the shareholder should be treated as two separate shareholders in the system.
Highlight the beneficially held Shareholder
Press Select then click Dispose
Enter all relevant details of the shares (please note the share price is not disposal price but price originally paid)
On pressing Ok create the form 484
Create a new shareholder by selecting New
Press Select and Acquire the shares ensuring Beneficial is unticked
Fill in all relevant details
On pressing Ok create form 484 for Lodgment.