Commonwealth Consolidated Acts(1) If, immediately before the Corporations Act commencement, an Act repealed by Part 2 of Schedule 1 to this Act applied in the ACT to a matter, that Act: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