THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

PART 11.1 - INTRODUCTION OF THE CORPORATIONS LAW

SECTION 1362CC   CONSTITUTION OF EXISTING COMPANY  

1362CC(1)  (Memorandum)  

The provisions that formed part of the body corporate's memorandum immediately before the commencement of Division 2 of Part 2.2 were taken to become on the commencement of that Division:

(a)  the company's memorandum if the company was a company limited by shares and was a proprietary company; or

(b)  the company's registered memorandum in any other case.

This had effect with any modifications that the circumstances required.

1362CC(2)  (Articles)  

The provisions that formed part of the body corporate's articles immediately before the commencement of Division 2 of Part 2.2 were taken to become on the commencement of that Division:

(a)  the company's articles if the company was a company limited by shares and was a proprietary company; or

(b)  the company's registered articles;

and to bind the company and its members accordingly. This had effect with any modifications that the circumstances required.