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StatuteCorporations Act 2001

Section 258D — Corporations Act 2001: Cancellation of forfeited shares

Text of the provision Official document

A company may, by resolution passed at a general meeting, cancel shares that have been forfeited under the terms on which the shares are on issue.

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.