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 11 - APPLICATION AND TRANSITIONAL PROVISIONS

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PART 11.2 - COMMENCEMENT AND APPLICATION OF CERTAIN CHANGES TO THIS LAW

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History

Heading amended by No 61 of 1998, Sch 3 (effective 1 July 1998).

Pt 11.2 was renumbered from Pt 9.11 by No 61 of 1998, Sch 3 (effective 1 July 1998).

Division 10 - Changes resulting from the Company Law Review Act 1998

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History

Div 10 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

SECTION 1433   FINANCIAL REPORTS AND AUDIT - CONTINUED OPERATION OF ACCOUNTING STANDARDS  

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1433(1)  [Continuation]  

An accounting standard that was in force immediately before commencement (including under section 288 of the old Law):

(a)  continues to have effect after commencement for the purposes of Parts 3.6 and 3.7 as they continue to apply under subsection 1431(2); and

(b)  also has effect after commencement, with any necessary modifications, as if it were an accounting standard made for the purposes of Chapter 2M.

1433(2)  [Non-application]  

This section does not apply an accounting standard to a period to which it would not otherwise apply.

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History

S 1433 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).

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