Commonwealth Numbered Acts

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

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 605

Classes of securities

(1) Takeover bids are made for securities within a particular class. Similarly, compulsory acquisition and buy-out rights operate on securities within a particular class. (2) For the purposes of this Chapter and Chapters 6A and 6C, securities are not taken to be different classes merely because:

(a)
some of the securities are fully-paid and others are partly-paid; or

(b)
different amounts are paid up or remain unpaid on the securities.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback