Corporations Act 2001

SCHEDULE 4 - TRANSFER OF FINANCIAL INSTITUTIONS AND FRIENDLY SOCIETIES  

Note: See section 1465A .

PART 2 - FINANCIAL INSTITUTIONS THAT BECAME COMPANIES  

Division 3 - Share capital  

CLAUSE 19  

19   - CALLS ON PARTLY-PAID SHARES  
The liability of a shareholder for calls in respect of money unpaid on shares issued before the transfer date by a transferring financial institution of a State or Territory (whether on account of the par value of the shares or by way of premium) is not affected by the share ceasing to have a par value.


 

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