Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
The directors of a proprietary company may refuse to register a transfer of shares in the company for any reason.
PART 7.11
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TITLE AND TRANSFER
Division 2
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Transfer of certain securities
Subdivision B
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Special provisions for shares
SECTION 1072G
1072G
ADDITIONAL GENERAL DISCRETION FOR DIRECTORS OF PROPRIETARY COMPANIES TO REFUSE TO REGISTER TRANSFERS
(REPLACEABLE RULE
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SEE SECTION 135)
The directors of a proprietary company may refuse to register a transfer of shares in the company for any reason.
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