An act to provide for the establishment of food corporations for the purpose of trading in foodgrains and other foodstuffs and for matters connected therewith and incidental thereto. Purchase or redemption by corporation of its own shares. Corporations act 2001 sect 46 what is a subsidiary. Close corporations, see model statutory close corporation supplement. Under section 46, a company a is a subsidiary of another company b if b. Table of contents business corporations act bc laws. Corporations act 2001 table of provisions long title chapter 1introductory part 1. An act to reform company law and restate the greater part of the enactments relating to companies. Other provisions with respect to a companys constitution. Regulations may modify operation of the corporations legislation to deal with. Companies act 71 of 2008 english text signed by the president assented to.
Calls on shares of same class to be made on uniform basis. Inclusion and exclusion of areas in, or from the larger. The gujarat provincial municipal corporations act, 1949. Section 5 1 a business corporation may request a person who violated the ban on competition to return any benefit obtained as a result of the violation or to transfer any rights arising therefrom to the business corporation, unless the same is excluded by. Corporations act 2001 federal register of legislation. Recent laws may not yet be included in the ilcs database, but they are found on this site as public acts soon after they become law.
Health care corporations, limited liability companies and limited liability partnerships 12. This is a compilation of the corporations act 2001 as in force on 19 july 20. This act may be cited as the state corporathns act. Associations incorporation act 2009 nsw legislation. Close corporations act 26 of 1988 og 5658 brought into force after namibian independence on 1 march 1994 by proc. For information concerning the relationship between statutes and public acts, refer to the guide. Enacted by the parliament of antigua and barbuda as follows. Introduction section 46 is headed distributions must be authorised by the board. In this act, unless the context requires otherwise interpreagent means an intermediary such as a publictation corporation, a company or any other body appointed by the government and owns 51% or more of the shares in any public corporation and represents the government directly or indirectly. Close corporations act 69 of 1984 to provide for the formation, registration, incorporation, management, control and liquidation of close corporations.
Powers of corporation as to acquisition of property. Definitions affiliated corporations control holding body corporate. Specifying larger urban area and establishment of corporation etc. An act to amend the international business corporation act, cap. The state financial corporations act, 19511 63 of 1951 31st october, 1951 an act to provide for the establishment of state financial corporations. Creditors need to be protected from asset or dividend stripping but shareholders on the other hand have a legitimate entitlement to dividends or other distributions. Securities records central and branch registers where registers are to be kept effect of registration branch register. Illinois compiled statutes illinois general assembly. Version incorporating amendments as at 14 may 2014. Contents government owned corporations act 1993 page 4 71 appointment of gocs first senior executives. Application of the acts interpretation act 1901 part 1. Procedure when immovable property cannot be acquired by agreement. Canada corporations act 63 kb act current to 20200319 and last amended on 20171231. An act to make provision in relation to corporations and financial products and services, and for other purposes.
However, there is a definition of subsidiary in section 46 of the corporations law. Lix gujarat provincial municipal corporations act, 1949 vii chapter viii. An act of parbnent to make provision for the establishment of state corporations. This act shall be known and may be cited as the name of state business corporation act. Other act 3 the corporations act does not apply to the corporation.
Corporations act 2001 sect 46 what is a subsidiary a body corporate in this section called the first body is a subsidiary of another body corporate if, and only if. B10 chapter b10 an act respecting business corporations short title short title 1 this act may be cited as the business corporations act. Updating the database of the illinois compiled statutes ilcs is an ongoing process. Business corporations act part i interpretation and application section 1 c t current to. It includes any commenced amendment affecting the legislation to that date. This act is current to march 25, 2020 see the tables of legislative changes for this act s legislative history, including any changes not in force. The corporations act back to the act bilingual pdf interpretation and application 1. State corporations act issue 1 s17 7 be exercised only with the consent of the minister and subject to such limitations and conditions as may be imposed by the treasury with respect to state corporations generally or specifically with respect to a particular state corporation.
Business corporations act 3 44 form of dividend 45 financial assistance 46 shareholder immunity part 6 security certificates, registers and transfers 47 transfers of securities 48 security certificates 49 securities records 50 dealings with registered holders and transmission on death 51 overissue part 7 trust indentures. Close corporations act 26 of 1988 parliament of namibia. May 3, 2019 page 9 c business corporations act chapter b6. Same 4 subject to the regulations made under this act, the corporations information act applies to the corporation. Professional corporations for the practice of public accounting 14. Amendments to close corporations act definitions 2. This act may be cited as the international business corporations act, cap.629 653 653 142 1241 195 1139 1382 722 512 1431 613 487 762 1095 1372 1328 789 1436 1240 1092 1329 1126 636 1069 790 36 1354 1264 584 1490 1381 917 1224 477 1396 564 803 1214 802 298 912 133 1221