Division 1 Incorporation
Division 2 Powers
Division 1 Prospectuses
Division 2 Restrictions on allotment and commencement of business
Division 3 Shares
Division 3A Reduction of share capital
Division 4 Substantial shareholdings
Division 5 Debentures
Division 5A Exemptions from Divisions 1 and 5 in relation to Prospectus Requirements
Division 6 Interests other than shares, debentures, etc.
Division 7 Title and transfers
Division 7A The Central Depository System — a book-entry or scripless system for the transfer of securities
Division 8 Registration of charges
Division 1 Office and name
Division 2 Directors and officers
Division 3 Meetings and proceedings
Division 4 Register of members
Division 5 Annual return
Division 1 Accounts
Division 2 Audit
Division 1 Preliminary
Division 2 Winding up by Court
Subdivision (1) — General
Subdivision (2) — Liquidators
Subdivision (3) — Committees of inspection
Subdivision (4) — General powers of Court
Division 3 Voluntary winding up
Subdivision (1) — Introductory
Subdivision (2) — Provisions applicable only to members’ voluntary winding up
Subdivision (3) — Provisions applicable only to creditors’ voluntary winding up
Subdivision (4) — Provisions applicable to every voluntary winding up
Division 4 Provisions applicable to every mode of winding up
Subdivision (1) — General
Subdivision (2) — Proof and ranking of claims
Subdivision (3) — Effect on other transactions
Subdivision (4) — Offences
Subdivision (5) — Dissolution
Division 5 Winding up of unregistered companies
Division 1 Investment companies
Division 2 Foreign companies
Division 1 Enforcement of this Act
Division 2 Offences
Division 3 Miscellaneous
| Disqualification to act as director on conviction of certain offences |
| (5) A person who acts in contravention of a disqualification under this section shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both. |
| (6) An application for leave to act as a director of a company or of a foreign company to which Division 2 of Part XI applies or to take part whether directly or indirectly, in the management of such a company or foreign company may be made by a person against whom a disqualification order has been made upon that person giving the Minister not less than 14 days’ notice of his intention to apply for such leave. |
| (7) On the hearing of any application under this section, the Minister may be represented at the hearing and may oppose the granting of the application. |
| (8) Without prejudice to section 409, a District Court may make a disqualification order under this section. |
| (9) Any right to apply for leave of the Court to be a director or promoter or to be concerned or take part in the management of a company that was subsisting immediately before 12th November 1993 shall on or after that date be treated as subsisting by virtue of the corresponding provision made under this section. [UK, 1948, s. 188; Aust. 1961, s. 122] |