Document ID: chunk:federal_register_of_legislation:C2025C00185:section:601ba
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 601BA
Character Range: 2196084–2196948

601BA  Bodies corporate may be registered as certain types of companies
 (1) A body corporate that is not a company or corporation sole may be registered under this Act as a company of one of the following types:
 (a) a proprietary company limited by shares;
 (b) an unlimited proprietary company with share capital;
 (c) a public company limited by shares;
 (d) a company limited by guarantee;
 (e) an unlimited public company with share capital;
 (f) a no liability company.
 (2) A body corporate may be registered as a no liability company only if:
 (a) the body has a share capital; and
 (b) the body's constitution states that its sole objects are mining purposes; and
 (c) under the constitution the body has no contractual right to recover calls made on its shares from a member who fails to pay them.
Note: Section 9 defines mining purposes and minerals.