Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 601BH

Modifications of constitution

(1) A company registered under this Part must modify its constitution within 3 months after registration to give effect to this Part. (2) If the constitution specifies amounts of money expressed in foreign currency, the company must:

fix a single rate of conversion by resolution; and

modify its constitution by special resolution to convert those amounts into Australian currency using that rate.

The modification must be made within 3 months after registration.

(3) An amendment of a company's constitution under this section does not affect the number and class of shares held by each member.

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