121
In forceCertificates in relation to shares etc
Chapter 3Amalgamation and withdrawal from amalgamation
Part 3Withdrawal from amalgamations
Division 3Giving effect to ballots
121 Certificates in relation to shares etc
Where:
(a)
a newly registered organisation becomes, under this Division, the holder of a share, debenture or interest in a company; and
(b)
a certificate that:
(i)
is signed by an authorised person; and
(ii)
identifies the share, debenture or interest; and
(iii)
states that the newly registered organisation has become, under this Division, the holder of the share, debenture or interest;
is delivered to the company;
the company must take all steps necessary to register or record the matter in the same way as transfers of shares, debentures or interests in the company are registered or recorded.
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