THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

CHAPTER 1 - INTRODUCTORY

PART 1.2 - INTERPRETATION

Division 10 - Interpreting other subordinate instruments

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History

Div 10 inserted by No 110 of 1990, Sch 1 (effective 18 December 1990).

SECTION 110C   SEVERING INVALID PROVISIONS  

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110C(1)  [Interpretation of instrument]  

An instrument made, granted or issued under this Law is to be interpreted:

(a)  subject to this Law; and

(b)  so as not to exceed the powers under which it was made, granted or issued.

110C(2)  [Powers not to be exceeded]  

It is intended that where, but for this section, such an instrument would have been interpreted as exceeding the powers under which it was made, granted or issued, it is nevertheless to be valid in so far as it does not exceed those powers.

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