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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2015 - onwards
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1127. Interpretation (Chapter 16)

(1) In this Chapter -

"company" includes a body corporate to which section 1312(1) (application of certain provisions of Act to unregistered companies) relates;

"director", in relation to a company which is being wound up, means liquidator;

"merger" means - (a) a merger by acquisition; (b) a merger by absorption; or (c) a merger by formation of a new company; within, in each case, the meaning of section 1129;

"merging company" means - (a) in relation to a merger by acquisition or a merger by absorption, a company that is, in relation to that merger, a transferor company or the successor company; and (b) in relation to a merger by formation of a new company, a company that is, in relation to that merger, a transferor company;

"share exchange ratio" means the number of shares or other securities in the successor company that the common draft terms of merger provide to be allotted to members of any transferor company for a given number of their shares or other securities in

Comparing proposed amendment...