Commonwealth Numbered Regulations

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1983 No. 316 COMPANIES REGULATIONS (AMENDMENT) - REG 16

Schedule 4
16. Schedule 4 to the Companies Regulations is amended by omitting clause 10
and substituting the following clauses:

"10. In relation to any payment within the 2 preceding years or any proposed
payment, by way of brokerage or commission (but not including commission to
sub-underwriters), in consideration of a person or persons-

   (a)  subscribing or agreeing to subscribe, whether absolutely or
        conditionally, for shares in or debentures of the corporation; or

   (b)  procuring or agreeing to procure subscriptions, whether absolute or
        conditional, for shares in or debentures of the corporation, the
        amount or rate of that payment, together with the names of any
        directors, promoters, experts or proposed directors who are entitled
        to receive any such payment and the amount or rate of the payment that
        they are entitled to receive.

"10A. The number of shares for which persons have agreed, for payment by way
of brokerage or commission, to subscribe absolutely.". 


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