Corporations (Repeals, Consequentials and Transitionals) Act 2001 (Incorporating amendments up to Act No. 116 of 2003) (55 of 2001)

Part 3   Special transitional arrangements for ACT

Division 2   Transitional arrangements for the former co-operative scheme legislation

11   General

(1) If, immediately before the Corporations Act commencement, an Act repealed by Part 2 of Schedule 1 to this Act applied in the ACT to a matter, that Act:

(a) continues to apply to that matter after that commencement despite its repeal; and

(b) if that Act applied to that matter immediately before that commencement with particular modifications - it continues to apply to the matter with the same modifications.

(2) For the purposes of subsection (1), if a company was dissolved before the Corporations Law commencement, the Companies Act 1981 is taken to have applied to the dissolution immediately before the Corporations Act commencement.