THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

PART 11.1 - INTRODUCTION OF THE CORPORATIONS LAW

SECTION 1362CE   ACTS PREPARATORY TO EXTERNAL ADMINISTRATION OF EXISTING COMPANY  

1362CE(1)  [Previous law]  

This section applies if an act or thing had been validly done before the commencement of Division 2 of Part 2.2 by or in relation to the body corporate under, or for the purposes of, a previous law corresponding to a provision of Chapter 5 (other than Part 5.2).

1362CE(2)  [Application]  

On and after the commencement of that Division, this Law (other than this Division) applies to the body corporate as if:

(a)  the body corporate had been a company, and this Law had been in operation, at the time when the act or thing was done; and

(b)  the act or thing had been validly done at that time under or for the purposes of that provision of that Chapter.

This has effect with any modifications that the circumstances require.

1362CE(3)  [Commencement]  

Nothing in this section makes a person guilty of a contravention of this Law in respect of an act or thing done, or an omission made, before the commencement of Division 2 of Part 2.2.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.