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Home/Legislation/Corporations Act 2001/258D

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Corporations Act 2001

258DCancellation of forfeited shares

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#### 258D Cancellation of forfeited shares A company may, by resolution passed at a general meeting, cancel shares that have been forfeited under the terms on which the shares are on issue.

Previous section258CBrokerage or commission Next section258EOther share cancellations

Section 258D - Corporations Act 2001 - Cancellation of forfeited shares — Zoe