THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.10 - THE NATIONAL GUARANTEE FUND

Division 9 - General provisions relating to claims

SECTION 983A   POWER OF COMMISSION TO MODIFY EFFECT OF CLAIMS DIVISIONS  

983A(1)  [Declaration in writing]  

The Commission may, in writing, declare that the provisions of a claims Division are to have effect in their application in relation to a particular transaction, or a particular class of transactions, either generally or as otherwise provided in the declaration, as if specified modifications were made to the provisions.

983A(2)  [Time of making transaction]  

A declaration may relate to transactions whether entered into before or after the making of the declaration.

983A(3)  [Effect of declaration]  

A declaration has effect accordingly.

983A(4)  [Declaration published]  

The Commission must cause a copy of a declaration to be published in the Gazette.

983A(5)  [Regulations]  

A reference in this section to the provisions of a claims Division includes a reference to regulations made for the purposes of the provisions, or any of the provisions, of the Division.

983A(6)  [``claims Division'']  

In this section:

``claims Division'' means Division 6, 6A, 6B, 6C, 7, 7A or 8.

 

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