THE CORPORATIONS LAW

CHAPTER 11 - APPLICATION AND TRANSITIONAL PROVISIONS

PART 11.1 - INTRODUCTION OF THE CORPORATIONS LAW

SECTION 1362CD   APPLICATION OF LAW TO EXISTING COMPANIES  

1362CD(1)  (Company)  

Subject to this Law, a provision of this Law that applies to the body corporate as a company applies to the body corporate in relation to:

(a)  the doing of an act or thing, an act or thing done, or a matter arising, before the commencement of Division 2 of Part 2.2; or

(b)  acts, things or matters including such an act, thing or matter; unless:

(c)  before the commencement of that Division, an act was done for the purposes of complying with a previous law corresponding to that provision; and

(d)  the act would, if the body corporate had been a company, and this Law had been in operation, when the act was done, have constituted compliance with that provision as so applying.

1362CD(2)  [Application]  

A provision applies as mentioned in subsection (1):

(a)  as if a reference in the provision to another provision of this Law included a reference to a previous law corresponding to that other provision; and

(b)  with any other modifications that the circumstances require.