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Part II Distribution and Reduction of Share Capital, Registration of Unlimited Company as Limited, and Unlimited Liability of Directors (ss. 22-61)

Comparing proposed amendment...
Distribution of Share Capital (ss. 22-45)
Repealed
22. Nature of shares.
Repealed
23. Certificate of shares or stock.
Repealed
24. Definition of member.
Repealed
25. Register of members.
Repealed
26. Annual list of members and summary.
Repealed
27. Trusts not to be entered on register.
Repealed
28. Registration of transfer at request of transferor.
Repealed
29. Transfer by personal representative.
Repealed
30. Inspection of register of members.
Repealed
31. Power to close register.
Repealed
32. Power of court to rectify register.
Repealed
33. Register to be evidence.
Repealed
34. Power for company to keep colonial register.
Repealed
35. Regulations as to colonial register.
Repealed
36. Stamp duties in case of shares registered in colonial registers.
Repealed
37. Issue and effect of share warrants to bearer.
Repealed
38. Forgery, personation, unlawfully engraving plates, & c.
Repealed
39. Power of company to arrange for different amounts being paid on shares.
Repealed
40. Power to return accumulated profits in reduction of paid-up share capital.
Repealed
41. Power of company limited by shares to alter its share capital.
Repealed
42. Notice to registrar of consolidation of share capital, conversion of shares into stock, & c.
Repealed
43. Effect of conversion of shares into stock.
Repealed
44. Notice of increase of share capital or of members.
Repealed
45. Reorganisation of share capital.
Reduction of Share Capital (ss. 46-56)
Repealed
46. Special resolution for reduction of Share Capital.
Repealed
47. Application to court for confirming order.
Repealed
48. Addition to name of company of "and reduced."
Repealed
49. Objections by creditors and settlement of list of objecting creditors.
Repealed
50. Order confirming reduction.
Repealed
51. Registration of order and minute of reduction.
Repealed
52. Minute to form part of memorandum.
Repealed
53. Liability of members in respect of reduced shares.
Repealed
54. Penalty on concealment of name of creditor.
Repealed
55. Publication of reasons for reduction.
Repealed
56. Increase and reduction of share capital in case of a company limited by guarantee having a share capital.
Registration of Unlimited Company as Limited (ss. 57-58)
Repealed
57. Registration of unlimited company as limited.
Repealed
58. Power of unlimited company to provide for reserve share capital on re-registration.
Reserve Liability of Limited Company (s. 59)
Repealed
59. Reserve liability of limited company.
Unlimited Liability of Directors (ss. 60-61)
Repealed
60. Limited company may have directors with unlimited liability.
Repealed
61. Special resolution of limited company making liability of directors unlimited.