Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW- SECT 57

Classes of shares or interests in managed investment schemes

 
(1)
The shares in a body corporate, if not divided into 2 or more classes, constitute a class.

(2)
If the interests in a managed investment scheme to which an undertaking relates are not divided into 2 or more classes, they constitute a class.



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