CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS
PART 11.2 - COMMENCEMENT AND APPLICATION OF CERTAIN CHANGES TO THIS LAW
History
Heading amended by No 61 of 1998, Sch 3 (effective 1 July 1998).
Pt 11.2 was renumbered from Pt 9.11 by No 61 of 1998, Sch 3 (effective 1 July 1998).
Division 10 - Changes resulting from the Company Law Review Act 1998
History
Div 10 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
SECTION 1417
BASIC FEATURES OF A COMPANY - ACTS BEFORE EXTERNAL ADMINISTRATION OF EXISTING COMPANY
1417(1)
[Old Law]
This section applies to an act or thing done by or in relation to a company that section 132 of the old Law applied to.
1417(2)
[New Law]
The new Law applies in relation to the company as if:
(a)
the company had been a company, and this Law had been in force, at the time when that action was taken; and
(b)
that action had been validly taken under, or for the purposes of,
Chapter 5.
The new Law has effect with any modifications that are necessary.
1417(3)
[Contravention]
Nothing in this section makes a person guilty of a contravention of this Law in respect of anything done or not done before 1 January 1991.
History
S 1417 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
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