Companies (Clarification of Dividend Rules in Companies) Amendment Bill

About this bill

This bill amends the Companies Act 1993 to give clarification of dividend rules outlined in sections 36 and 53, where there is currently doubt about the ability of a company constitution to provide for "dry shares".

Current status

Royal Assent given 16 November 2019.
Enacted as the Companies (Clarification of Dividend Rules in Companies) Amendment Act 2019 (2019/68)

Member of Parliament responsible
Bill type

Member's bill



All data
Bill type Member's bill
Parliament 52
Ref 52-2
Introduced 5 April 2018
First reading 8 August 2018
Select Committee Primary Production Committee
Public submissions due 27 September 2018
Select Committee report back 12 April 2019
Second reading 26 June 2019
Committee of the whole House 23 October 2019
Third reading 13 November 2019
Royal Assent 16 November 2019
Enacted as Companies (Clarification of Dividend Rules in Companies) Amendment Act 2019 (2019/68)
Divided No

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