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 7 - Interpretation of other expressions

SECTION 57A   MEANING OF ``CORPORATION''  

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57A(1)  [``corporation'']  

Subject to this section, in this Law, ``corporation'' includes:

(a)  any body corporate, whether incorporated in this jurisdiction or elsewhere; and

(b)  a company; and

(c)  a recognised company; and

(d)  an unincorporated body that:

(i) is formed outside this jurisdiction; and

(ii) under the law of its place of formation, may sue or be sued, or may hold property in the name of its secretary or of an officer of the body duly appointed for that purpose; and

(iii) does not have its head office or principal place of business in this jurisdiction.

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History

S 57A(1) inserted by No 104 of 1994, Sch 3 (effective 1 January 1995).

57A(2)  [Exceptions]  

Neither of the following is a corporation :

(a)  an exempt public authority;

(b)  a corporation sole.

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History

S 57A(2) inserted by No 104 of 1994, Sch 3 (effective 1 January 1995).

57A(3) 

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(Repealed by No 44 of 1999, Sch 3, Pt 2 (effective 1 July 1999).)

CCH Note: Act No 156 of 1999 (Pt 1 of Sch 3) purported to repeal sec 57A(3) and substitute a new sec 57A(3). Sec 57A(3) had however been earlier repealed by Act No 44 of 1999. The substitution has not been made. If it had been, sec 57A(3) would read ``A financial institution (as defined by section 111AZA) is not a corporation for the purposes of this Law.'' Section 111AZA was repealed by Act No 44 of 1999.

57A(4)  [Exempt bodies are not corporations]  

An exempt body in relation to this jurisdiction (as defined in section 66A) is not a corporation .

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History

S 57A(4) inserted by No 104 of 1994, Sch 3 (effective 1 January 1995).

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