THE CORPORATIONS LAW
CCH Note:
Part 13 of the Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 2J - TRANSACTIONS AFFECTING SHARE CAPITAL
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Hide history notePART 2J.1 - SHARE CAPITAL REDUCTIONS AND SHARE BUY-BACKS
Division 3 - Other share capital reductions
SECTION 258F REDUCTIONS BECAUSE OF LOST CAPITAL 258F A company may reduce its share capital by cancelling any paid-up share capital that is lost or is not represented by available assets. This power does not apply if the company also cancels shares.This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.