Western Australian Consolidated Acts

COMPANIES (CO-OPERATIVE) ACT 1943 - SECT 65

65 .         Notice to Registrar of consolidation of share capital, conversion of shares into stocks etc.

        (1)         If a company having a share capital has —

            (a)         consolidated and divided its share capital into shares of larger amount than its existing shares; or

            (b)         converted any of its shares into stock; or

            (c)         reconverted stock into shares; or

            (d)         subdivided its shares or any of them; or

            (e)         redeemed any redeemable preference shares; or

            (f)         cancelled any shares, otherwise than in connection with a reduction of share capital under section 71,

                it shall within 28 days after so doing give notice thereof to the Registrar specifying, as the case may be, the shares consolidated, divided, converted, redeemed, or cancelled, or the stock reconverted.

        (2)         If a company makes default in complying with this section, the company and every officer of the company who is in default, shall be liable to a fine not exceeding $100.

        [Section 65 amended by No. 113 of 1965 s. 8(1).]