Commonwealth Numbered Acts

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

Register kept under section 601CM

(1) This section has effect where a registered foreign company keeps a register under section 601CM. (2) The foreign company must keep the register in the same manner as this Act requires a company to keep its register of members. (3) Subject to subsection (2), the foreign company must register a transaction in the register in the same way, and at the same charge, as it would have registered the transaction in the register of members that the foreign company keeps in its place of origin. (4) A transfer of shares in the foreign company that is lodged at the foreign company's registered office, or at the place where the register is kept, is binding on the foreign company. (5) The Court has the same powers in relation to correction of the register as it has in relation to correction of a company's register of members. (6) The register is taken to be part of the foreign company's register of members. (7) At the written request of a member who holds shares registered in the register, the foreign company must remove the shares from the register and register them in such other register as is specified in the request. (8) The register is prima facie evidence of matters that this Act requires or authorises to be entered in the register.

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