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 5B - BODIES CORPORATE REGISTERED AS COMPANIES, AND REGISTRABLE BODIES
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Hide history notePART 5B.1 - REGISTERING A BODY CORPORATE AS A COMPANY
Division 1 - Registration
SECTION 601BH MODIFICATIONS OF CONSTITUTION 601BH(1) [Time limit] A company registered under this Part must modify its constitution within 3 months after registration to give effect to this Part. 601BH(2) [Foreign currency] If the constitution specifies amounts of money expressed in foreign currency, the company must: (a) fix a single rate of conversion by resolution; and (b) modify its constitution by special resolution to convert those amounts into Australian currency using that rate. The modification must be made within 3 months after registration. 601BH(3) [Affect of amendment] An amendment of a company's constitution under this section does not affect the number and class of shares held by each member.This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.