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 11 - Changes resulting from the Managed Investments Act 1998

SECTION 1452   DIVISION APPLIES TO PRESCRIBED INTERESTS IN EXISTENCE IMMEDIATELY BEFORE COMMENCEMENT  

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1452     This Division applies to interests that, immediately before the commencement, were prescribed interests to which:

(a)  Division 5 of Part 7.12 of the old Law applied; or

(b)  that Division would have applied but for the operation of subparagraph 7.12.04(c)(ii) of the Corporations Regulations;

and that are interests in a managed investment scheme as defined in section 9 of the new Law. It also applies to the undertaking to which the interests relate and to the trustee or representative and the management company in relation to the interests.

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History

S 1452 inserted by No 62 of 1998, Sch 1 (effective 1 July 1998).

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