Commonwealth Consolidated Acts

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AUSTRALIAN AIRLINES (CONVERSION TO PUBLIC COMPANY) ACT 1988 - SECT 17

Memorandum and articles of transferring body

             (1)  The transferring body shall, before the transition, lodge with the Corporate Affairs Commission for the Australian Capital Territory a proposed memorandum, and proposed articles, of Australian Airlines Limited.

             (2)  As from the transition, the proposed memorandum, and the proposed articles, lodged under subsection (1):

                     (a)  are respectively the memorandum, and the articles, of the company; and

                     (b)  bind the company and its members accordingly.

             (3)  As from the transition, the Companies Act 1981 applies in relation to the company's memorandum and articles as if they had been registered as such under that Act.



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