Commonwealth Numbered Regulations

1986 No. 376 COMPANIES REGULATIONS (AMENDMENT) - REG 2

2. Regulation 48 of the Companies Regulations is repealed and the following
regulation substituted: Notice to be given to company by former substantial
shareholder

"48. For the purposes of paragraph 139 (1) (d) of the Act, the prescribed
documents are -

   (a)  in relation to each notifiable change referred to in the notice given
        under sub-section 139 (1) of the Act -

        (i)    a copy of the contract, scheme or arrangement by reason of
               which the notifiable change in the relevant interest or
               relevant interests referred to in that notice occurred; or

        (ii)   where the notifiable change in the relevant interest or
               relevant interests occurred in some circumstance other than by
               reason of a contract, scheme or arrangement or where such a
               contract, scheme or arrangement was not reduced to writing or
               is not readily available, a memorandum giving full particulars
               of that circumstance or contract, scheme or arrangement,
               together with a statement in writing by the person who held the
               relevant interest or relevant interests in which the notifiable
               change occurred verifying -

        (iii)  in the case of a document to which sub-paragraph (i) applies -
               that the copy is a true copy of the contract, scheme or
               arrangement of which it purports to be a copy; or

        (iv)   in the case of a document to which sub-paragraph (ii) applies -
               that the memorandum contains full and correct particulars of
               the circumstance or contract, scheme or arrangement, as the
               case may be; and

   (b)  in relation to the former substantial shareholder ceasing to be a
        substantial shareholder -

        (i)    a copy of the contract, scheme or arrangement by reason of
               which the former substantial shareholder ceased to be a
               substantial shareholder; or

        (ii)   where the relevant interest ceased to be held in some
               circumstance other than by reason of a contract, scheme or
               arrangement or where such a contract, scheme or arrangement is
               not reduced to writing or is not readily available, a
               memorandum giving full particulars of that circumstance or
               contract, scheme or arrangement, together with a statement in
               writing by the person who held the relevant interest verifying
               -

        (iii)  in the case of a document to which sub-paragraph (i) applies -
               that the copy is a true copy of the contract, scheme or
               arrangement of which it purports to be a copy; or

        (iv)   in the case of a document to which sub-paragraph (ii) applies -
               that the memorandum contains full and correct particulars of
               the circumstance or contract, scheme or arrangement, as the
               case may be.".