Document ID: chunk:federal_register_of_legislation:C2004A02585:schedule:2:p18
Version: federal_register_of_legislation:C2004A02585
Segment Type: schedule
Provision Reference: sch 2 (pt 18/20)
Character Range: 95814–98489

case of shares partly paid up—the extent to which they are so paid up; and
         (vi) in the case of shares allotted as fully or partly paid up otherwise than in cash—the consideration for which they have been allotted;".

Resolutions of exempt proprietary companies
109. Section 250 of the Principal Act is amended by omitting from sub-section (5) "rule or law" and substituting "rule of law".

Lodgment with the Commission, &c., of copies of certain resolutions and agreements
110. Section 251 of the Principal Act is amended by omitting sub-section (2) and substituting the following sub-section:
"(2) Where articles have not been registered, a member may request the company to furnish him with a printed copy of any resolution, document or agreement to which this section applies and, where such a request is made, the company shall send the copy to that person—
    (a) if the company requires payment of an amount not exceeding the prescribed amount—within 21 days after payment of the amount is received by the company or within such longer period as the Commission approves; or
    (b) in a case to which paragraph (a) does not apply—within 21 days after the request is made or within such longer period as the Commission approves.".

Inspection of minute books
111. Section 254 of the Principal Act is amended by omitting sub-section (2) and substituting the following sub-section:
"(2) A member of a company may request the company in writing to furnish him with a copy of any minutes of a general meeting and, where such a request is made, the company shall send the copy to that person—

    (a) if the company requires payment of an amount not exceeding the prescribed amount—within 21 days after payment of the amount is received by the company or within such longer period as the Commission approves; or
    (b) in a case to which paragraph (a) does not apply—within 21 days after the request is made or within such longer period as the Commission approves.".

Inspection and closing of register
112. Section 257 of the Principal Act is amended by omitting sub-sections (2) and (3) and substituting the following sub-sections:
"(2) The register and index shall be open for inspection—
    (a) by any member of the company—without charge; and
    (b) by any other person—on payment for each inspection of such amount, not exceeding the prescribed amount, as the company requires or, where the company does not require the payment of an amount, without charge.
"(3) A person may request a company to furnish him with a copy of the register or any part of the register (but only so far as it relates to names, addresses, number of shares held and amounts paid