Cecil is the only shareholder of Halifax Pty Ltd. When Halifax Pty Ltd was incorporated and registered Cecil was allocated 1000 shares and he paid into the company's bank account $1000. Each share was given the value of $1. During the company's life Cecil is liable

A. for the debts of Halifax Pty Ltd

B. to pay $1000 every time more shares are issued

C. to pay any increased amount of the value of the allocated 1000 shares to the company

D. for nothing more in relation to these shares as a member's liability is limited

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