Brilliant Resources makes a cash stated capital distribution without reliance on s. 84(2)
29 June 2015 - 2:10pm
Brilliant Resources will be distributing a portion of the expropriation proceeds, previously received by its offshore subsidiary, as a stated capital distribution in reliance on s. 84(4.1) and will use the balance to start an investment business.
Neal Armstrong. Summary of Brilliant Resources Circular under Spin-Offs & Distributions - S. 84(4.1)(a) distributions of proceeds.