THE CORPORATIONS LAW

CHAPTER 5B - BODIES CORPORATE REGISTERED AS COMPANIES, AND REGISTRABLE BODIES

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PART 5B.2 - REGISTRABLE BODIES

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Division 2 - Foreign companies

SECTION 601CN   REGISTER KEPT UNDER SECTION 601CM  

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601CN(1)  [Effect of section]  

This section has effect where a registered foreign company keeps a register under section 601CM.

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601CN(2)  [Manner of keeping register]  

The foreign company shall keep the register in the same manner as this Act requires a company to keep its register of members.

601CN(3)  [Registration of transactions]  

Subject to subsection (2), the foreign company shall register a transaction in the register in the same way, and at the same charge, as it would have registered the transaction in the register of members that the foreign company keeps in its place of origin.

601CN(4)  [Transfer of shares binding]  

A transfer of shares in the foreign company that is lodged at the foreign company's registered office, or at the place where the register is kept, is binding on the foreign company.

601CN(5)  [Correction of register]  

The Court has the same powers in relation to correction of the register as it has in relation to correction of a company's register of members.

601CN(6)  [Deemed part of register of members]  

The register shall be deemed to be part of the foreign company's register of members.

601CN(7)  [Removal of shares from register]  

At the written request of a member who holds shares registered in the register, the foreign company shall remove the shares from the register and register them in such other register as is specified in the request.

601CN(8)  [Prima facie evidence]  

The register is prima facie evidence of matters that this Law requires or authorises to be entered in the register.

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