Section 601BA — Corporations Act 2001 (Cth)

(1) A body corporate that is not a company or corporation sole may be registered under this Act as a company of one of the following types:

(a) a proprietary company limited by shares;

(b) an unlimited proprietary company with share capital;

(c) a public company limited by shares;

(d) a company limited by guarantee;

(e) an unlimited public company with share capital;

(f) a no liability company.

(2) A body corporate may be registered as a no liability company only if:

(a) the body has a share capital; and

(b) the body’s constitution states that its sole objects are mining purposes; and

(c) under the constitution the body has no contractual right to recover calls made on its shares from a member who fails to pay them.

Note: Section 9 defines mining purposes and minerals.

Related sections

• s 601AJ — Applying to transfer registration
• s 601AK — ASIC makes transfer of registration declaration
• s 601AL — ASIC to deregister company
• s 601BB — Bodies registered as proprietary companies
• s 601BC — Applying for registration under this Part
• s 601BD — ASIC gives body ACN, registers as company and issues certificate

Research how courts apply s 601BA

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.