Document ID: chunk:federal_register_of_legislation:C2025C00185:section:667c
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 667C
Character Range: 2649119–2649954

667C  Valuation of securities
 (1) To determine what is fair value for securities for the purposes of this Chapter:
 (a) first, assess the value of the company as a whole; and
 (b) then allocate that value among the classes of issued securities in the company (taking into account the relative financial risk, and voting and distribution rights, of the classes); and
 (c) then allocate the value of each class pro rata among the securities in that class (without allowing a premium or applying a discount for particular securities in that class).
 (2) Without limiting subsection (1), in determining what is fair value for securities for the purposes of this Chapter, the consideration (if any) paid for securities in that class within the previous 6 months must be taken into account.

Part 6A.5—Records of unclaimed consideration