Company Law Review Act 1998 (61 of 1998)

Schedule 5  

Corporations Law

6   After subsection 169(4)

Add:

(5) 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 5 of the Company Law Review Act 1998 commenced; and

(b) the register continues to show amount of unpaid par value for the shares as they were immediately before that commencement.