Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)
Schedule 1 Financial market infrastructure: resolution authority
Part 2 Crisis prevention
Corporations Act 2001
24 Section 9
Insert:
recapitalises : a body corporate recapitalises if the body corporate:
(a) increases the body corporate's level of share capital; or
(b) issues one or more classes of shares, or one or more classes of rights to acquire shares, in the body corporate; or
(c) issues capital instruments; or
(d) acquires, cancels or sells:
(i) shares in the body corporate; or
(ii) rights to acquire shares in the body corporate; or
(e) reduces the body corporate's share capital; or
(f) varies or cancels rights or restrictions attached to shares in a class of shares in the body corporate.