THE CORPORATIONS LAW

CHAPTER 9 - MISCELLANEOUS

PART 9.6 - PROCEEDINGS

SECTION 1336A   CERTAIN PROCEEDINGS TO BE PROCEEDINGS BY OR AGAINST COMMISSION  

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1336A(1)  [Commission may continue NCSC proceedings]  

Where, before the commencement of this Law, a proceeding under a law of this jurisdiction had been commenced by or against the NCSC, the proceeding may be continued by or against the Commission.

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1336A(2)  [NCSC proceedings may be inititated by or against the Commission]  

Where, but for this Law, or but for this Law and relevant repeals, a proceeding under a law of this jurisdiction could have been commenced by or against the NCSC, the proceeding may be commenced by or against the Commission.

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1336A(3)  [Pre-1991 proceedings by and against authority of this jurisdiction]  

If, before 1 January 1991, a specified proceeding under a law of this jurisdiction was begun by or against an authority of this jurisdiction, the proceeding may be continued by or against the Commission.

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1336A(4)  [Proceedings by and against authority of this jurisdiction]  

If, but for this Law, or but for this Law and relevant repeals, a specified proceeding under a law of this jurisdiction could have been begun by or against an authority of this jurisdiction, the proceeding may be begun by or against the Commission.

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1336A(5)  [Definitions]  

In this section:

``authority of this jurisdiction'' includes:

(a)  an officer of this jurisdiction; and

(b)  an officer of an authority of this jurisdiction;

``relevant repeal'' means:

(a)  the repeal of the National Companies and Securities Commission Act 1979; or

(b)  the repeal of a law of this jurisdiction corresponding to a provision of that Act;

``specified'' means specified in an application order.
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