THE CORPORATIONS LAW

CHAPTER 2B - BASIC FEATURES OF A COMPANY

PART 2B.4 - REPLACEABLE RULES AND CONSTITUTION

SECTION 137   DATE OF EFFECT OF ADOPTION, MODIFICATION OR REPEAL OF CONSTITUTION  

137    If a new constitution is adopted or an existing constitution is modified or repealed, that adoption, modification or repeal takes effect:

(a)  if it is the result of a special resolution:

(i) on the date on which the resolution is passed if it specified no later date; or

(ii) on a date specified in, or determined in accordance with, the resolution if the relevant date is later than the date on which the resolution is passed; or

(b)  if it is the result of a Court order made under section 233:

(i) on the date on which the order is made if it specifies no later date; or

(ii) on a date specified by the order.