Company Law Review Act 1998 (61 of 1998)

Schedule 5  

Corporations Law

4   Subsection 162(4)

Repeal the subsection, substitute:

(4) A special resolution to change an unlimited company that has share capital to a company limited by shares may also provide that a specified portion of its uncalled share capital may only be called up if the company becomes an externally-administered body corporate.


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