New South Wales Consolidated Acts

AUSTRALIAN MUTUAL PROVIDENT SOCIETY (DEMUTUALISATION AND RECONSTRUCTION) ACT 1997 - SECT 25

25 Registration as a company

(1) AMP is authorised to be registered, and to take steps to be registered, as a company under Division 3 of Part 2.2 of the Corporations Law , and for that purpose the transfer of its incorporation is authorised, but only if the member or members of AMP approve the transfer of incorporation by special resolution.

(2) If AMP converts to a company limited by shares under this Act, and the member or members of AMP approve the transfer of incorporation as referred to in subsection (1), AMP must apply to be registered as a company under Division 3 of Part 2.2 of the Corporations Law within one month after the passing of the special resolution referred to in that subsection.