178
In forceOverseas branch registers—companies
Volume 1Chapter 1, Part 1.1 to Chapter 2J, Part 2J.4 sections 1 to 260E
Chapter 2CRegisters
Part 2C.1Registers generally
178 Overseas branch registers—companies
(1)
A company may keep a branch register of members of the company at a place outside Australia.
(2)
If a company keeps an overseas branch register under subsection (1):
(a)
the company must keep the branch register in the same manner as this Act requires the company to keep the register kept under section 169 (the principal register); and
(b)
the company must enter in the principal register the details contained in the branch register; and
(c)
the company must distinguish shares that are registered in the branch register from the shares registered in the principal register.
This Act’s bill:Explanatory memorandumSecond reading speech
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