Section 73B — Notice of redenomination

(1)Within 14 days after passing a resolution under section 73, a company must deliver a notice in the specified form to the Registrar for registration in relation to the redenomination.[36/2014]

(2)The notice must include the following information with respect to the company’s share capital as redenominated by the resolution:

(a)the total number of issued shares in the company;

(b)the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the company;

(c)the total amount of the company’s issued share capital; and

(d)for each class of shares —

(i)the particulars specified in subsection (3);

(ii)the total number of issued shares in the class;

(iii)the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the class; and

(iv)the total amount of issued share capital of the class.[36/2014]

(3)The particulars referred to in subsection (2)(d)(i) are —

(a)particulars of any voting rights attached to shares in the class, including rights that arise only in certain circumstances;

(b)particulars of any rights attached to shares in the class, as respects dividends, to participate in a distribution;

(c)particulars of any rights attached to shares in the class, as respects capital, to participate in a distribution (including on a winding up of the company); and

(d)whether or not shares in the class are redeemable shares.[36/2014]

(4)If default is made in complying with this section, every officer of the company who is in default shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $4,000 and to a default penalty of $250.[36/2014]