THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

PART 11.2 - COMMENCEMENT AND APPLICATION OF CERTAIN CHANGES TO THIS LAW

Division 3 - Changes resulting from the Corporations Legislation Amendment Act (No. 2) 1991

SECTION 1369   APPLICATION OF CERTAIN CHANGES  

1369(1)  [Claim under Pt 7.10 Div 7 in respect of loss]  

In relation to a claim under Division 7 of Part 7.10 in respect of a loss that a person became aware of before the commencement of section 5 of the Corporations Legislation Amendment Act (No. 2) 1991:

(a)  section 959 of this Law, as in force after that commencement, does not apply; and

(b)  section 959 of this Law, as in force before that commencement, continues to apply.

1369(2)  [Prospectus issued before commencement of sec 6]  

In relation to a prospectus issued before the commencement of section 6 of the Corporations Legislation Amendment Act (No. 2) 1991:

(a)  the following Division and sections of this Law, as in force after that commencement, do not apply:

(i) Division 4 of Part 7.11;

(ii) section 1029;

(iii) section 1029A;

(iv) section 1031;

(v) section 1040;

(vi) section 1041; and

(b)  the following Division and sections of this Law as in force before that commencement continue to apply:

(i) Division 4 of Part 7.11;

(ii) section 1029;

(iii) section 1031;

(iv) section 1040;

(v) section 1041.