THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.13 - TITLE TO, AND TRANSFER OF, SECURITIES

Division 2 - Transfer of securities

SECTION 1091E   ADDITIONAL GENERAL DISCRETION FOR DIRECTORS OF PROPRIETARY COMPANIES TO REFUSE TO REGISTER TRANSFERS (replaceable rule - see section 135)  

1091E    The directors of a proprietary company may refuse to register a transfer of shares in the company for any reason.




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