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Commonwealth Serum Laboratories Act 1961
8Share capital of CSL
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8 Share capital of CSL
(1) As from the commencement of this Part, CSL is to have an authorised and issued share capital. (2) The amount of the issued share capital must be equal to the amount that subsection 9(1) requires to be applied as mentioned in that subsection. (3) The share capital must be divided into shares of $1 each. (4) The share capital may be divided into classes of shares. (5) As from the transition, this section has effect subject to the Corporations Act 2001.