CHAPTER 10
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TRANSITIONAL PROVISIONS
PART 10.34
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TRANSITIONAL PROVISIONS RELATING TO THE CORPORATIONS AMENDMENT (STRENGTHENING PROTECTIONS FOR EMPLOYEE ENTITLEMENTS) ACT 2019
History
Pt 10.34 inserted by No 44 of 2019, s 3, Sch 1[33] (effective 6 April 2019).
SECTION 1647
1647
APPLICATION
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PROTECTION OF EMPLOYEE ENTITLEMENTS
The amendments made by Part 1 of Schedule 1 to the
Corporations Amendment (Strengthening Protections for Employee Entitlements) Act 2019
apply in relation to a relevant agreement or a transaction that is entered into at or after the commencement of that Part.
History
S 1647 inserted by No 44 of 2019, s 3, Sch 1[33] (effective 6 April 2019).
SECTION 1648
1648
APPLICATION
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CONTRIBUTION ORDERS
The amendments made by Part 2 of Schedule 1 to the
Corporations Amendment (Strengthening Protections for Employee Entitlements) Act 2019
apply in relation to the winding up of a company that begins at or after the commencement of that Part.
History
S 1648 inserted by No 44 of 2019, s 3, Sch 1[33] (effective 6 April 2019).
SECTION 1649
APPLICATION
-
DIRECTOR DISQUALIFICATION
1649(1)
The period of 7 years referred to in paragraphs 206EAB(2)(a) and 206GAA(2)(a) may include any period that is not more than 5 years before the day (the
commencement day
) that Part 3 of Schedule 1 to the
Corporations Amendment (Strengthening Protections for Employee Entitlements) Act 2019
commences (subject to the time limit of 7 years in those paragraphs).
1649(2)
However, a person may only be disqualified from managing corporations under section
206EAB
or
206GAA
if at least one of the contraventions referred to in paragraph 206EAB(2)(d) or 206GAA(2)(d), as the case may be, occurs on or after the commencement day.
1649(3)
A permission given under subsection
206F(5)
that was in force immediately before the commencement day continues in force (and may be dealt with) as if it had been given under section
206GAB
as inserted by Part 3 of Schedule 1 to the
Corporations Amendment (Strengthening Protections for Employee Entitlements) Act 2019
.
History
S 1649 inserted by No 44 of 2019, s 3, Sch 1[33] (effective 6 April 2019).