Australian Capital Territory Numbered Regulations

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COOPERATIVES REGULATIONS 2003 (NO 22 OF 2003) - REG 29

Particulars to be included in notice to remaining shareholders—Act, s 357 (1) (a)

A notice to the holder of remaining shares must—

        (a)     state the name and address of the transferee; and

        (b)     identify the relevant scheme or contract and state the date it was approved in accordance with the Act, section 354 (1) (Schemes and contracts to which div 13.3 applies); and

        (c)     state—

              (i)     the number of shares the transferee is acquiring from the shareholder; and

              (ii)     the total price payable by the transferee to the shareholder for those shares; and

        (d)     set out, or have with it, a copy of the Act, section 357 (Remaining shareholders may require acquisition); and

        (e)     state the date the notice is given.



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