Document ID: chunk:federal_register_of_legislation:C2023A00069:clause:1_90
Version: federal_register_of_legislation:C2023A00069
Segment Type: clause
Provision Reference: sch 1 cl 90
Character Range: 57348–58127

90  Subsections 254Q(3), (4) and (4A)
Repeal the subsections, substitute:

Advertisement of sale
 (3) At least 14 days, and not more than 21 days, before the day of the sale, a notice of the sale must be published in accordance with subsection (5A). The specific number of shares to be offered need not be specified in the notice and it is sufficient for the notice to be to the effect that all shares on which a call remains unpaid will be sold.

Postponement of sale
 (4) An intended sale of forfeited shares of which a notice has been published in accordance with subsection (3) may be postponed for not more than 21 days from the date of sale specified in the notice. A notice of the date to which the sale is postponed must be published in accordance with subsection (5A).