Corporations (Aboriginal and Torres Strait Islander) Consequential, Transitional and Other Measures Act 2006 (125 of 2006)

Schedule 3   Transitional provisions

Part 2   Bringing transitional corporations across to new system

Division 9   Record keeping

50   Minutes of meetings

(1) Despite item 6, subsections 220-5(1) to (8) of the new Act do not apply in relation to proceedings, resolutions or declarations that happened before commencement.

(2) Without limiting item 6, Division 220 of the new Act applies in relation to a transitional corporation as if a reference in that Division to the minute books, or minutes, of:

(a) meetings of the corporation's members; or

(b) resolutions of the corporation's members passed without meetings;

included a reference to the minute books, or minutes, of such meetings or resolutions:

(c) kept by the corporation in accordance with its constitution or the old Act; and

(d) accessible by the corporation immediately before commencement.