Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 1445
Share capital—references to amount paid on shares issued before commencement
For the purposes of the operation of this Law after commencement in relation
to a share issued before commencement:
(a) the amount paid on the share is the sum of all amounts paid
to the company at any time for the share (but not including any premium);
and
(b) the amount unpaid on the share is the difference between the issue
price of the share (but not including any premium) and the amount paid on the
share (see paragraph (a)).
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