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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 601CQ
Effect of right to acquire shares compulsorily
Where:
- (a)
- a law of the place of origin of a foreign company that
corresponds to section 414, 661A or 664A entitles a person to give notice
to another person that the first-mentioned person wishes to acquire shares in
the foreign company that the other person holds; and
- (b)
- some or all of those shares are registered in a register kept under
section 601CM;
sections 601CM, 601CN and 601CP cease to apply in relation to the foreign
company until the first-mentioned person acquires, or ceases to be entitled to
acquire, the shares so registered.
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