THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

SECTION 57 CLASSES OF SHARES OR INTERESTS IN MANAGED INVESTMENT SCHEMES

57(1) [Shares]

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

57(2) [Interests in a managed investment scheme]

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.