Company Law Review Act 1998 (61 of 1998)

Schedule 2   Consequential amendment of the Corporations Law

Part 3   Shares (new Chapter 2H) Transactions affecting share capital (new Chapter 2J)

210   Subsection 216B(4)

Repeal the subsection, substitute:

(4) The register does not have to show the amount unpaid on the shares (see paragraph (1)(f)) if:

(a) all of the company's shares were issued before Schedule 2 of the Company Law Review Act 1997 commenced; and

(b) the register continues to show the par values of the shares as they were immediately before that commencement.