C4C3C2C1Part 27Mergers and divisions of public companies

Annotations:

Chapter 3Division

Requirements to be complied with in case of division

921Publication of draft terms F2by registrar(division)

1

The directors of each company involved in the division must deliver a copy of the draft terms to the registrar.

2

The registrar must publish in the Gazette notice of receipt by him from that company of a copy of the draft terms.

3

That notice must be published at least one month before the date of any meeting of that company summoned for the purposes of approving the scheme.

4

The requirements in this section are subject to F1section 921A (publication of draft terms on company website) and section 934 (power of court to exclude certain requirements).