Preference shares, Corporations Act

What exactly is a Preference Share?

24 August 2016

Discover the advantages and risks of preference shares and their implications for capital gains tax. This article from Dundas Lawyers explains the hybrid rights associated with preference shares, how they are issued, and their potential benefits for shareholders.

Failure to redeem – default on redeemable preference shares

23 May 2015

This article examines the legal issues surrounding Redeemable Preference Shares (REDP’s) and the consequences of a failure to redeem them. The remedies available to aggrieved shareholders are explored.

Redeemable preference shares – what to know

28 November 2013

This article discusses the rights, obligations and taxation implications of Redeemable Preference Shares (REDP), hybrid securities with both debt and equity characteristics as defined by the Australian Securities and Investments Commission (ASIC). Case law examples and the process for issuing REDP according to the Corporations Act 2001 (Cth) are also discussed.