Corporations Act 2001
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1650A(1)
The object of this section is to treat all situations during the interim period in every respect as if: (a) the amendments made by Part 1 of Schedule 4 to the Treasury Laws Amendment (2022 Measures No. 1) Act 2022 had been made at the start of 21 June 2022; and (b) the amendments made by the postponed items had not been made at the start of 22 June 2022 and had had no effect during the interim period.
Validation of acts and things done in interim period
1650A(2)
An act or thing that was done at any time during the interim period is as valid, and is taken always to have been as valid, as it would have been if: (a) the amendments made by Part 1 of Schedule 4 to the Treasury Laws Amendment (2022 Measures No. 1) Act 2022 had been made at the start of 21 June 2022; and (b) in particular, the amendments made by the postponed items had not been made at the start of 22 June 2022 and had had no effect during the interim period.
Continuation of delegations
1650A(3)
Without limiting subsection (2) , if: (a) a function or power conferred by this Act was delegated to a person; and (b) the delegation was in force immediately before 22 June 2022; and (c) but for this subsection, the delegation would have ceased to have effect at the start of 22 June 2022 because of any of the amendments made by the postponed items;
then:
(d) an act or thing done by the delegate in the interim period is, and is taken always to have been, as valid a performance or exercise of the function or power as it would have been if the delegation had continued in force throughout the interim period; and (e) the delegation has effect, on and after the day section 1 of the Treasury Laws Amendment (2022 Measures No. 1) Act 2022 commences, as if it had been made at the time that section commences.Acts and things to which this section applies
1650A(4)
This section applies to an act or thing, regardless of the basis on which, or capacity in which, the act or thing was done or purported to be done.
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