Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 612

612. (1) A parcel of shares in a listed company constitutes an odd lot if the
number of shares in that parcel is less than one marketable parcel of shares
in that company.

(2) When the number of shares in a parcel of shares in a listed company is
greater than one marketable parcel of shares in that company and, after
excluding so many of the shares in that parcel as constitute a marketable
parcel or marketable parcels of shares in that company, a number of shares
remains, that remaining number of shares constitutes an odd lot.