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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 355
Effect of right to acquire shares compulsorily
355. Where:
(a) a law of the place of origin of a foreign company that corresponds to
section 414 or 701 entitles a person to give notice to another person
that the first-mentioned person wishes to acquire shares in the
foreign company that the other person holds; and
(b) some or all of those shares are registered in a register kept under
section 351 or 352; sections 351, 352, 353 and 354 cease to apply in
relation to the foreign company until the first-mentioned person
acquires, or ceases to be entitled to acquire, the shares so
registered.
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