Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- SECT 1407

Proprietary companies limited both by shares and by guarantee

Despite subparagraph 116(2)(a)(i), a company that was a proprietary company limited both by shares and by guarantee under this Law as in force immediately before the commencement of item 8 of Schedule 4 to the Amending Act can remain registered as a proprietary company until:

(a)
it ceases to be a company limited both by shares and by guarantee; or
(b)
it ceases to be a proprietary company.

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