Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 337

Exemption of certain companies
337. (1) A public company that:

   (a)  has more than 500 members;

   (b)  keeps its principal register at a place within 25 kilometres of an
        office of the Commission; and

   (c)  provides reasonable accommodation and facilities for persons to
        inspect and take copies of its list of members and its particulars of
        shares transferred; need not comply with such of the provisions of
        this Division and of the regulations made for the purposes of this
        Division as relate to the inclusion in the annual return of a list of
        members.

(2) A company limited by guarantee, being a company the memorandum or articles
of which prohibits or prohibit the payment of any dividend by the company to
its members, need not comply with such of the provisions of this Part and of
the regulations made for the purposes of this Part as relate to the inclusion
in the annual return of a list of members.

(3) The Commission may, by order published in the Gazette require a company to
which subsection (1) or (2) applies to comply with all or any of the
provisions of this Part or of the regulations made for the purposes of this
Part referred to in that subsection. 


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