CORPORATIONS ACT 2001 - SECT 518 Company limited both by shares and by guarantee

CORPORATIONS ACT 2001 - SECT 518

    Subject to section   519, if the company is a company limited both by shares and by guarantee, neither of sections   516 and 517 applies but the member need not contribute more than the aggregate of the following:

  (a)   the amount (if any) unpaid on shares in respect of which the member is liable as a present or past member;

  (b)   the amount that the member has undertaken to contribute to the company's property if the company is wound up.