THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

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

Division 12 - Changes resulting from the Corporate Law Economic Reform Program Act 1999

SECTION 1479   CONTINUED OPERATION OF SOME PROVISIONS OF THE OLD LAW  

1479(1)  [Provision relating to acknowledgement of indebtedness]  

Subsection 1023(2) of the old Law continues to apply after commencement to the acceptance of money under a prospectus lodged with ASIC before commencement.

1479(2)  [Provision relating to retention of documents]  

Section 1029 of the old Law continues to apply after commencement to a consent to the issue of a prospectus lodged with ASIC before commencement.

1479(3)  [Provisions relating to voidability and validity]  

Sections 1037 and 1041 of the old Law continue to apply after commencement to an allotment of shares made before commencement in contravention of Division 3 of Part 7.12 of the old Law.

1479(4)  [Provision relating to register of debenture holders]  

Section 1047 of the old Law continues to apply after commencement to:

(a)  a request made before commencement under subsection 1047(5) or (6); or

(b)  a notice given under subsection 1047(8).




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