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StatuteCorporations Act 2001

Section 246H — Corporations Act 2001: Application of this Part to MCI mutual entities that are companies limited by guarantee

Text of the provision Official document

For the purposes of applying this Part to an MCI mutual entity that is a company limited by guarantee, treat the entity: (a) in relation to a person who holds MCIs in the entity—as a company with a share capital; and (b) in relation to a non-shareholder mutual member—as a company without a share capital.

Official source: Federal Register of Legislation

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