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StatuteCorporations Act 2001

Section 1231D — Corporations Act 2001: Authorised reductions—share redemptions

Text of the provision Official document

A CCIV may reduce its share capital if: (a) the reduction is involved in the redemption of a redeemable share or a redeemable preference share; and (b) the redemption complies with section 1230F; and (c) for a retail CCIV—the redemption also complies with section 1230G.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.