Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 491

Circumstances in which company may be wound up voluntarily

(1) Subject to section 490, a company may be wound up voluntarily if the company so resolves by special resolution. (2) A company must:

(a)
within 7 days after the passing of a resolution for voluntary winding up, lodge a printed copy of the resolution; and

(b)
within 21 days after the passing of the resolution, cause notice of the resolution to be published in the Gazette .



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