Section 346 — Companies Act 1993: Overseas companies must be authorised to register

346 Overseas companies must be authorised to register An overseas company must not be registered as a company under this Act unless— (a) The company is authorised to transfer its incorporation under the law of the country in which it is incorporated; and (b) The company has complied with the requirements of that law in relation to the transfer of its incorporation; and (c) If that law does not require its shareholders, or a specified proportion of them, to consent to the transfer of its incorporation, the transfer has been consented to by not less than 75 percent of its shareholders entitled to vote and voting in person or by proxy at a meeting of which not less than 21 days notice is given specifying the intention to transfer the company's incorporation. Compare: Corporations Act 1989 (Aust) s 135