Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteA company must ensure that a certificate it issues specifying the shares held by a member of the company states:
(a) the name of the company and the fact that it is registered under this Act; and
(b) the class of the shares; and
(c) the amount (if any) unpaid on the shares.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1) ).
1070C(2) [ Title]A certificate issued in accordance with subsection (1) specifying shares held by a member of a company is prima facie evidence of the title of the member to the shares.
1070C(3) [ Rights of holder unaffected]A failure to comply with subsection (1) does not affect the rights of a holder of shares.
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