Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)

Schedule 2   ALRC Financial Services Interim Report: single glossary of defined terms

Part 1   Amendments

Division 9   Terms relating to financial services and markets

Corporations Act 2001

200   Section 9 (definition of arrangement)

Repeal the definition, substitute:

arrangement :

(a) in Part 5.1 (arrangements and reconstructions) - arrangement includes a reorganisation of the share capital of a body corporate by the consolidation of shares of different classes, by the division of shares into shares of different classes, or by both of those methods; and

(b) for the purposes of Chapter 7 (financial services and markets) - arrangement has the meaning given by subsection 761B(1).

Note: In Part 7.1, see also subsection 761B(2).