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 7 - SECURITIES

PART 7.10 - THE NATIONAL GUARANTEE FUND

Division 10 - Transitional

SECTION 987 APPLICATION OF LIABILITY PROVISIONS IN RELATION TO TRANSFERRED CLAIMS

987 On and after the joining day in relation to a joining exchange, the liability provisions apply, for the purposes of a transferred claim in relation to the joining exchange, as if, except in relation to a time before that day:

(a) a reference in those provisions to the fidelity fund of a securities exchange were a reference to the Fund;

(b) a reference in those provisions to the board of a securities exchange were a reference to the Board; and

(c) a reference in those provisions to a securities exchange were a reference to SEGC;

and with such other modifications as the circumstances require.

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