Commonwealth Consolidated Acts Commonwealth Consolidated ActsA mutual entity is an MCI mutual entity if:
(a) the entity is a public company; and
(b) the entity does not have voting shares (other than MCIs) quoted on a declared financial market; and
(c) the entity is not a registered entity within the meaning of the Australian Charities and Not - for - profits Commission Act 2012 ; and
(d) the entity's constitution states that the entity is intended to be an MCI mutual entity for the purposes of this Act; and
(e) the entity has issued one or more MCIs.