Company Law Review Act 1998 (61 of 1998)
Schedule 5
Corporations Law
6 After subsection 169(4)
Add:
(5) The register does not have to show the amount unpaid on the shares (see paragraph (1)(f)) if:
(a) all of the company's shares were issued before Schedule 5 of the Company Law Review Act 1998 commenced; and
(b) the register continues to show amount of unpaid par value for the shares as they were immediately before that commencement.
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