Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Act 2018 (106 of 2018)

Schedule 1   Amendments

Part 1   Main amendments

Corporations Act 2001

40   Section 611 (after table item 19)

Insert:

 

Proprietary companies that have CSF shareholders

19A

An acquisition of a relevant interest in issued voting shares in a proprietary company if:

(a) the company has one or more CSF shareholders; and

(b) all the other requirements (if any) prescribed by the regulations for the purposes of this paragraph are met.