Governance Review Implementation (Treasury Portfolio Agencies) Act 2007 (74 of 2007)
Schedule 1 Amendments
Part 1 ASIC
Corporations Act 2001
33 Section 601AF (note)
Repeal the note, substitute:
Note: This power is a general one and is not limited to acts in relation to property vested in the Commonwealth under subsection 601AD(1A), or ASIC under subsection 601AD(2). The Commonwealth or ASIC has all the powers that automatically flow from the vesting of property under that subsection (see subsections 601AD(3A) and (4)) and may exercise those powers whether or not the company was bound to do so.
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