Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1230D

Redemptions to which this Subdivision applies

             (1)  This Subdivision applies to both of the following:

                     (a)  a redemption by a CCIV of a redeemable share;

                     (b)  a redemption by a CCIV of a redeemable preference share.

Note:          A CCIV may reduce its share capital if the reduction results from a redemption permitted by this Subdivision: see section 1231D.

             (2)  Part 2H.2 does not apply to the redemption of redeemable preference shares in a CCIV.



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