Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

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. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback