THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

PART 11.2 - COMMENCEMENT AND APPLICATION OF CERTAIN CHANGES TO THIS LAW

Division 6 - Changes resulting from the Corporate Law Reform Act 1994

SECTION 1398   APPLICATION OF CERTAIN PROSPECTUS-RELATED CHANGES  

1398(1)  [Prospectus issued before amendments]  

In relation to a prospectus, within the meaning of this Law as in force before the commencement of item 65 of Schedule 2 to the Amending Act, issued before that commencement:

(a)  the following provisions of this Law, as in force after that commencement, do not apply:

(i) the definitions of ``excluded prospectus'' and ``prospectus'' in section 9;

(ii) section 994;

(iii) sections 1006 to 1011 (inclusive);

(iv) sections 1021, 1022 and 1022A;

(v) sections 1023A to 1024G (inclusive);

(vi) section 1031;

(vii) sections 1039, 1040 and 1041;

(viii) section 1060;

(ix) Schedule 3, so far as it relates to any subsection of sections 1023A to 1024G (inclusive) as then in force; and

(b)  the following provisions of this Law, as in force before that commencement, continue to apply:

(i) the definitions of ``excluded prospectus'', ``primary prospectus'', ``prospectus'', ``secondary prospectus'' and ``seller'' in section 9;

(ii) section 994;

(iii) sections 1006 to 1011 (inclusive);

(iv) sections 1021, 1022 and 1022A;

(v) section 1024;

(vi) section 1031;

(vii) sections 1039, 1040 and 1041;

(viii) section 1060;

(ix) Schedule 3, so far as it relates to subsections 1024(1) and (4) as then in force.

1398(2)  [Prospectus lodged before amendments]  

In relation to a prospectus, within the meaning of this Law as in force before the commencement of item 65 of Schedule 2 to the Amending Act, lodged before that commencement:

(a)  the following provisions of this Law, as in force after that commencement, do not apply:

(i) section 622;

(ii) section 1029;

(iii) section 1033; and

(b)  the following provisions of this Law, as in force before that commencement, continue to apply:

(i) section 622;

(ii) sections 1029 and 1029A;

(iii) section 1033.