Section 1070C — Corporations Act 2001: Matters to be specified in share certificate
Text of the provision Official document
(1) A company must ensure that a certificate it issues specifying the shares held by a member of the company states: (a) the name of the company and the fact that it is registered under this Act; and (b) the class of the shares; and (c) the amount (if any) unpaid on the shares. Note: Failure to comply with this subsection is an offence (see subsection 1311(1)). (2) A certificate issued in accordance with subsection (1) specifying shares held by a member of a company is prima facie evidence of the title of the member to the shares. (3) A failure to comply with subsection (1) does not affect the rights of a holder of shares.
Official source: Federal Register of Legislation
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