Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 145

Power to require production of unlodged memorandum
145. (1) Where an application under section 144:

   (a)  is not accompanied by the proposed company's memorandum; and

   (b)  purports to comply with subsection 144 (3); the Commission may, even
        if it has no reason to suspect that the application was not made in
        accordance with that section, refuse to register the close corporation
        under this Division unless and until the memorandum has been lodged.

(2) Where:

   (a)  a memorandum is lodged under subsection (1); and

   (b)  the Commission registers the close corporation as a company but is not
        required to register the memorandum; the Commission shall, when it
        issues a certificate to the company under section 148, give the
        memorandum to the company. 


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