Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 214

Branch registers
214. (1) A company that has a share capital may cause a branch register of
members to be kept at a place within or outside Australia but outside the
State or Territory where its principal register is kept.

(2) Where a member of a company that keeps its principal register in a
particular State or Territory is resident in another State or Territory and
requests the company in writing to register in a branch register in that other
State or Territory shares held by the member, then, if the company keeps a
branch register in that other State or Territory, the company shall register
in that branch register the shares held by that member.

(3) A branch register of a company shall be deemed to be part of the company's
register of members.

(4) A company that keeps a branch register shall keep it in the same manner as
this Act requires the company to keep its principal register.

(5) A company shall keep, at the place where its principal register is kept, a
duplicate of each of its branch registers, properly entered up from time to
time.

(6) A duplicate kept under subsection (5) shall be deemed to be part of the
principal register.

(7) Within 28 days after an entry is made in a branch register of a company,
the company shall send a copy of the entry to the place where its principal
register is kept.

(8) Subject to subsections (5), (6) and (7), a company shall distinguish
shares in the company that are registered in a branch register from the shares
registered in its principal register.

(9) Subject to subsections (5), (6) and (7), while shares in a company are
registered in a branch register, the company shall not register in any other
register a transaction in relation to the shares.

(10) A company may discontinue a branch register and shall, if it does so,
transfer all entries in that register:

   (a)  if that register was in a State or Territory where the company keeps
        another branch register-to that other branch register; or

   (b)  otherwise-to the principal register. 


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