Changing constitution during transitional period

Current

If a transitional corporation's constitution:

(a)

allows the corporation to change its constitution by a resolution passed at a meeting of the corporation; and

(b)

does not require the resolution to be a special resolution;

then:

(c)

the corporation may, during its transitional period, pass such a resolution to change its constitution; and

(d)

Subdivision 69‑B of the new Act applies in relation to the resolution as if it were a special resolution.

Division 4-Other effects of registration

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