Corporations Act 2001

CHAPTER 2C - REGISTERS  

PART 2C.2 - NOTICE BY PROPRIETARY COMPANIES OF CHANGES TO MEMBER REGISTER  

SECTION 178B  

178B   TOP 20 ONLY  

If a proprietary company has more than 20 members, the company is only required to notify additions or alterations of particulars under section 178A that relate to a person who is, or as a result of the addition or alteration will become, a top 20 member of a class of the company.

Note: See also section 107.