Document ID: chunk:federal_register_of_legislation:C2025C00185:section:601bh
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 601BH
Character Range: 2206253–2207049

601BH  Modifications of constitution
 (1) A company registered under this Part must modify its constitution within 3 months after registration to give effect to this Part.
 (2) If the constitution specifies amounts of money expressed in foreign currency, the company must:
 (a) fix a single rate of conversion by resolution; and
 (b) modify its constitution by special resolution to convert those amounts into Australian currency using that rate.
The modification must be made within 3 months after registration.
 (2A) An offence based on subsection (1) or (2) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.
 (3) An amendment of a company's constitution under this section does not affect the number and class of shares held by each member.