CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS
PART 11.2 - COMMENCEMENT AND APPLICATION OF CERTAIN CHANGES TO THIS LAW
History
Heading amended by No 61 of 1998, Sch 3 (effective 1 July 1998).
Pt 11.2 was renumbered from Pt 9.11 by No 61 of 1998, Sch 3 (effective 1 July 1998).
Division 10A - Changes resulting from Schedule 5 to the Company Law Review Act 1998
History
Div 10A heading substituted for Div 11 heading (first occurring) by No
156 of 1999, Sch 8 (effective 1 July 1998).
SECTION 1445
SHARE CAPITAL-REFERENCES TO AMOUNT PAID ON SHARES ISSUED BEFORE COMMENCEMENT
1445
For the purposes of the operation of this Law after commencement in relation to a share issued before commencement:
(a)
the amount paid on the share is the sum of all amounts paid to the company at any time for the share (but not including any premium); and
(b)
the amount unpaid on the share is the difference between the issue price of the share (but not including any premium) and the amount paid on the share (see paragraph (a)).
History
S 1445 inserted by No 61 of 1998, Sch 5 (effective 1 July 1998).
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