Document ID: chunk:federal_register_of_legislation:C2025C00185:front:0:p13
Version: federal_register_of_legislation:C2025C00185
Segment Type: other
Provision Reference: 
Character Range: 33459–36593

254H Resolution to convert shares into larger or smaller number
Part 2H.2—Redemption of redeemable preference shares
254J Redemption must be in accordance with terms of issue
254K Other requirements about redemption
254L Consequences of contravening section 254J or 254K
Part 2H.3—Partly‑paid shares
254M Liability on partly‑paid shares
254N Calls may be limited to when company is externally‑administered
254P No liability companies—calls on shares
254Q No liability companies—forfeiture and sale of shares for failure to meet call
254R No liability companies—redemption of forfeited shares
Part 2H.4—Capitalisation of profits
254S Capitalisation of profits
Part 2H.5—Dividends
254SA Companies limited by guarantee not to pay dividends
254T Circumstances in which a dividend may be paid
254U Other provisions about paying dividends (replaceable rule—see section 135)
254V When does the company incur a debt?
254W Dividend rights
254WA Application of this Part to MCI mutual entities
Part 2H.6—Notice requirements
254X Notice to ASIC of share issue
254Y Notice to ASIC of share cancellation
Chapter 2J—Transactions affecting share capital
Part 2J.1—Share capital reductions and share buy‑backs
256A Purpose
Division 1—Reductions in share capital not otherwise authorised by law
256B Company may make reduction not otherwise authorised
256C Shareholder approval
256D Consequences of failing to comply with section 256B
256E Signposts to other relevant provisions
Division 2—Share buy‑backs
257A The company's power to buy back its own shares
257B Buy‑back procedure—general
257C Buy‑back procedure—shareholder approval if the 10/12 limit exceeded
257D Buy‑back procedure—special shareholder approval for selective buy‑back
257E Buy‑back procedure—lodgment of offer documents with ASIC
257F Notice of intended buy‑back
257G Buy‑back procedure—disclosure of relevant information when offer made
257H Acceptance of offer and transfer of shares to the company
257J Signposts to other relevant provisions
Division 3—Other share capital reductions
258A Unlimited companies
258B Right to occupy or use real property
258C Brokerage or commission
258D Cancellation of forfeited shares
258E Other share cancellations
258F Reductions because of lost capital
Division 4—Application of this Part to MCI mutual entities
258G Application of this Part to MCI mutual entities
Part 2J.2—Self‑acquisition and control of shares
259A Directly acquiring own shares
259B Taking security over own shares or shares in holding company
259C Issuing or transferring shares to controlled entity
259D Company controlling entity that holds shares in it
259E When a company controls an entity
259F Consequences of failing to comply with section 259A or 259B
Part 2J.3—Financial assistance
260A Financial assistance by a company for acquiring shares in the company or a holding company
260B Shareholder approval
260C Exempted financial assistance
260D Consequences of failing to comply with section 260A
260DA Application of this Part to MCI mutual entities
Part 2J.4—Interaction with general directors' duties
260E General duties still apply

An Act to make provision