Corporations Act 2001
CHAPTER 2B
-
BASIC FEATURES OF A COMPANY
PART 2B.8
-
MUTUAL CAPITAL INSTRUMENTS (MCIs)
This Division sets out a special procedure for the constitution of a mutual entity to be amended to provide for the entity to issue MCIs. 167AH(2)
This Division applies to a mutual entity that:
(a) is a public company; and
(b) does not have voting shares quoted on a prescribed financial market; and
(c) is not a registered entity within the meaning of the Australian Charities and Not-for-profits Commission Act 2012 .
Division 3
-
Special procedure for amending constitution of mutual entity that proposes to issue MCIs
SECTION 167AH
PURPOSE AND APPLICATION OF THIS DIVISION
167AH(1)
This Division sets out a special procedure for the constitution of a mutual entity to be amended to provide for the entity to issue MCIs. 167AH(2)
This Division applies to a mutual entity that:
(a) is a public company; and
(b) does not have voting shares quoted on a prescribed financial market; and
(c) is not a registered entity within the meaning of the Australian Charities and Not-for-profits Commission Act 2012 .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.