sec.64Variation of share capital

### sec.64 Variation of share capital A regulation may vary the share capital of a candidate GOC. Without limiting subsection (1) , a regulation may provide for— the issue of further shares in a candidate GOC; or the cancellation of issued shares in a candidate GOC; or the consolidation or division of issued shares in a candidate GOC. In this section— candidate GOC includes— a candidate GOC associate; and a government entity that is to become a GOC subsidiary. s 64 amd 1994 No. 31 s 16 sch 3 (sec.64-ssec.1) A regulation may vary the share capital of a candidate GOC. (sec.64-ssec.2) Without limiting subsection (1) , a regulation may provide for— the issue of further shares in a candidate GOC; or the cancellation of issued shares in a candidate GOC; or the consolidation or division of issued shares in a candidate GOC. (sec.64-ssec.3) In this section— candidate GOC includes— a candidate GOC associate; and a government entity that is to become a GOC subsidiary. - (a) the issue of further shares in a candidate GOC; or - (b) the cancellation of issued shares in a candidate GOC; or - (c) the consolidation or division of issued shares in a candidate GOC. - (a) a candidate GOC associate; and - (b) a government entity that is to become a GOC subsidiary.