Corporations Act 2001

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  

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.

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.

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.