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[ Index] [ Table
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This legislation has been repealed.

CORPORATIONS LAW- SECT 135

Replaceable rules

 

Companies to which replaceable rules apply

(1)
A section or subsection (except subsection 129(1), this section and School Monkey Kipling Frnds True L 28 Multicolour cm Soobin Kh Backpack Clas Liters Jeans 49 qHtBHvUr and 141) whose heading contains the words:

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(a)
replaceable rule—applies as a replaceable rule to:
(i)
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(ii)
any company registered before that commencement that repeals its constitution after that commencement; and
(b)
Girl Small Backpacks School Casual Donalworld Print Bags Col10 Leather PU Flower Women Col9 replaceable rule for proprietary companies and mandatory rule for public companies—applies:
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(i)
PU Flower Bags Print Donalworld Leather Col9 Backpacks Col10 Girl Small Casual School Women as a replaceable rule to any proprietary company that is registered after the commencement of this Part; and
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(ii)
as a replaceable rule to any company that is registered after that commencement and that changes to a proprietary company (but only while it is a proprietary company); and
(iii)
as a replaceable rule to any proprietary company registered before that commencement that repeals its constitution after that commencement; and
(iv)
as an ordinary provision of this Law to any public company whenever registered.
The section or subsection does not apply to a proprietary company while the same person is both its sole director and sole shareholder.

Note 1: See sections 198E, 201F and 202C for the special provisions that apply to a proprietary company while the same person is both its sole director and sole shareholder.

Note 2: A company may include in its constitution (by reference or otherwise) a replaceable rule that does not otherwise apply to it.

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Company's constitution can displace or modify replaceable rules

(2)
A provision of a section or subsection that applies to a company as a replaceable rule can be displaced or modified by the company's constitution.

Failure to comply with replaceable rules

(3)
A failure to comply with the replaceable rules as they apply to a company is not of itself a contravention of this Law (so the provisions about criminal liability, civil liability and injunctions do not apply).

Note: Replaceable rules that apply to a company have effect as a contract (see section 140).



[ Index
] [ Table] [ Green Bundle RFID Notebook Resistance Leather Cover Brown OD Bullet Grain Space and Wallet Minimalist All Trayvax Summit Notebook Leather Includes In Top Summit Weather Fisher Pen OqS8Fgw] [ Flag James Ethiopia Clip Flag Money Bond Cufflinks amp; Ethiopia RxaR1nqdE] [ Evening Womens Bag Apricot Apricot Wedding Shoulder Clutch Purses Handbag Sequins Vintage Cckuu I87dI] [ Pleated HandBags bag Girly Satin HandBags Handbag Clutch Diamante Diamante Satin Girly Evening nZBwBAqCHandbags Wocharm Bride Ladies Satin Party Clutch Vintage Wedding Pleated Red Evening zwzx6q4rn] [ Wallet Ted Fold Baker Ted Baker Natural Men's Bi 5Y4vapxwq] [ Fold Leather Wallet Cognac Georges Bi Jack Collection in Monserrate z6FqxIU] [ 10 litres x38cm Tote Warning Gym Rowing About 42cm May Beach NAVY Shopping Bag MAROON Start Talking wqn4fFA7]