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 2A - REGISTERING A COMPANY

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History

Ch 2A inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

PART 2A.2 - HOW A COMPANY IS REGISTERED

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Part 2A.2 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

SECTION 120   MEMBERS, DIRECTORS AND COMPANY SECRETARY OF A COMPANY  

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120(1)  [Consent]  

A person becomes a member, director or company secretary of a company on registration if the person is specified in the application with their consent as a proposed member, director or company secretary of the company.

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S 120(1) substituted by No 61 of 1998, Sch 1 (effective 1 July 1998).

120(2)  [Issue of shares]  

The shares to be taken up by the members as specified in the application are taken to be issued to the members on registration of the company.

Note:

A member's name must be entered in the register of members (see section 169).

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S 120(2) amended by No 61 of 1998, Sch 5 (effective 1 July 1998).

S 120(2) substituted by No 61 of 1998, Sch 1 (effective 1 July 1998).

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