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CORPORATIONS ACT 2001 - SECT 1694F Transitional--elections by members of companies limited by guarantee to receive reports etc.

CORPORATIONS ACT 2001 - SECT 1694F

Transitional--elections by members of companies limited by guarantee to receive reports etc.

  (1)   This section applies in relation to an election by a member of a company limited by guarantee, to receive reports in hard copy or as an electronic copy, that is in force under subsection   316A(1) immediately before the commencement day.

  (2)   Despite the amendment of that subsection by the amending Part:

  (a)   the election continues in force on and after the commencement day as an election under subsection   316A(1) of this Act to receive such reports (in accordance with subsection   316A(2)); and

  (b)   an election of the member is taken to be in force under section   110E on and after the commencement day to be sent such reports:

  (i)   for an election to receive in hard copy--in physical form; or

  (ii)   for an election to receive as an electronic copy--in electronic form.

  (3)   Paragraph   (2)(b) has effect subject to paragraph   110E(7)(b) (withdrawal of election).