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The Constitution.

   

Added on  2020-05-16

2 Pages254 Words80 Views
The ConstitutionSection 1 Definition1.Unless stated otherwise the following definitions are applicable 2.Provisional and concluding dividend (dividend)3.Corporation Act 2001 (CA)4.Persons appointed and acting as directors (directors)5.Australian Securities and Investment Commission (ASIC)6.Body corporate or individuals present at the an meeting (present members)7.This Constitution (constitution)8.Base rate, Charged interest by bank (Prescribed rate)9.Rate for dividends in relation to preference shares as stated on share certificate (Preference Rate)10.Official and common seal of company (seal)Section 2 InterpretationNo meaning of the words in this constitution is changed through the use of italics unless stated otherwiseSection 3 General As per section 117 of the CA a company can be registered as a proprietary company and it must not issue shares to public and have more than 50 members. Section 4 Share issue
The Constitution._1

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