THE CORPORATIONS LAW

CHAPTER 1 - INTRODUCTORY

PART 1.3 - APPLICATION ORDERS

SECTION 111G   SEVERING INVALID PROVISIONS  

111G(1)  [Interpretation of order]  

An application order is to be interpreted:

(a)  subject to this Law; and

(b)  so as not to exceed the powers conferred by this Part.

111G(2)  [Powers not to be exceeded]  

It is intended that where, but for this section, an application order would have been interpreted as exceeding the powers conferred by this Part, the order is nevertheless to be valid in so far as it does not exceed those powers.