Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1070c
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1070C
Character Range: 4714241–4714931

1070C  Matters to be specified in share certificate
 (1) A company must ensure that a certificate it issues specifying the shares held by a member of the company states:
 (a) the name of the company and the fact that it is registered under this Act; and
 (b) the class of the shares; and
 (c) the amount (if any) unpaid on the shares.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).
 (2) A certificate issued in accordance with subsection (1) specifying shares held by a member of a company is prima facie evidence of the title of the member to the shares.
 (3) A failure to comply with subsection (1) does not affect the rights of a holder of shares.