Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 167AB

Simplified outline of this Part

This Part provides for mutual capital instruments (MCIs).

An MCI is a share in a mutual entity that meets requirements relating to voting rights and other matters. Certain kinds of mutual entities may issue MCIs and become MCI mutual entities.

Division   3 sets out a special procedure for amending the constitution of a mutual entity that proposes to issue MCIs.



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