Financial Services Reform Act 2001 (122 of 2001)

Schedule 3   Other miscellaneous amendments

Part 1   Technical and other minor amendments

Corporations Act 2001

25   At the end of section 664B

Add:

(2) The 90% holder may pay different amounts for the securities in the class acquired if the differences are attributable to either or both of the following:

(a) the fact that there are differences in the accrued dividend or distribution entitlements of the securities;

(b) the fact that there are differences in the amounts paid up, or that remain unpaid, on the securities.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).