CHAPTER 10
-
TRANSITIONAL PROVISIONS
PART 10.53
-
APPLICATION AND TRANSITIONAL PROVISIONS RELATING TO MEETINGS AND COMMUNICATIONS UNDER THE CORPORATIONS AMENDMENT (CORPORATE INSOLVENCY REFORMS) ACT 2020
History
Pt 10.3 inserted by No 130 of 2020, s 3, Sch 4[20] (effective 16 December 2020).
SECTION 1680
1680
DEFINITIONS
In this Part:
commencement day
means the day on which Part 2 of Schedule 4 to the
Corporations Amendment (Corporate Insolvency Reforms) Act 2020
commences.
History
S 1680 inserted by No 130 of 2020, s 3, Sch 4[20] (effective 16 December 2020).
SECTION 1680A
1680A
APPLICATION OF COVID-19 INSTRUMENT
The modifications of this Act made by the
Corporations (Coronavirus Economic Response) Determination (No. 3) 2020
do not apply in relation to:
(a)
a meeting of a committee convened under Part
2
of Schedule
2
; or
(b)
a meeting concerning one or more companies under external administration;
that is held on or after the commencement day.
History
S 1680A inserted by No 130 of 2020, s 3, Sch 4[20] (effective 16 December 2020).
SECTION 1680B
VALIDATION OF THINGS DONE UNDER COVID-19 INSTRUMENTS
1680B(1)
This item applies if, before the commencement day:
(a)
a thing is done in accordance with:
(i)
the
Corporations (Coronavirus Economic Response) Determination (No. 1) 2020
; or
(ii)
the
Corporations (Coronavirus Economic Response) Determination (No. 3) 2020
; and
(b)
the thing done would, apart from this item, be invalid or ineffective because it did not satisfy the requirements of this Act.
1680B(2)
The thing done is as valid and effective, and is taken always to have been as valid and effective, as it would have been had the thing done satisfied the requirements of this Act.
History
S 1680B inserted by No 130 of 2020, s 3, Sch 4[20] (effective 16 December 2020).