Commonwealth Consolidated Legislation

!!! The Corporations Law has been repealed and is replaced by the Corporations Act 2001.
This version remains on AustLII for the purpose of research.

CORPORATIONS LAW

TABLE OF PROVISIONS

           Table of Acts
           Table of Amendments

CHAPTER 1 -- INTRODUCTORY

	PART 1.1 -- PRELIMINARY

   1.    Citation [see Note 1]
   2.    Commission has general administration of this Law

	PART 1.2 -- INTERPRETATION

		Division 1 -- General

   6.    Effect of this Part
   7.    Location of other interpretation provisions
   8.    How to read references to provisions of this Law
   8A.   Corporations Regulations, and application orders, of a jurisdiction treated as part of that jurisdiction's Corporations Law
   9.    Dictionary [see Note 4]

		Division 2 -- Associates

   10.   Effect of Division
   11.   Associates of bodies corporate
   12.   Matters relating to voting shares
   13.   References in Chapter 7
   14.   References in Chapter 8
   15.   General
   16.   Exclusions
   17.   Associates of composite persons

		Division 3 -- Carrying on business

   18.   Carrying on business: otherwise than for profit
   19.   Businesses of a particular kind
   20.   Carrying on a business: alone or together with others
   21.   Carrying on business in Australia or a State or Territory

		Division 4 -- Dealing in futures contracts

   23.   Acquiring a futures contract
   24.   Disposing of a futures contract
   25.   Dealing in futures contracts: general
   26.   Dealing in futures contracts through intermediaries: first step
   27.   Dealing in futures contracts through intermediaries: second and later steps
   28.   Dealing in futures contracts, through intermediaries, on futures markets
   29.   Own account dealings and transactions: futures contracts

		Division 5A -- Types of company

   45A.  Proprietary companies

		Division 6 -- Subsidiaries and related bodies corporate

   46.   What is a subsidiary
   47.   Control of a body corporate's board
   48.   Matters to be disregarded
   49.   References in this Division to a subsidiary
   50.   Related bodies corporate
   50AA. Control

		Division 7 -- Interpretation of other expressions

   51.   Acquisition and disposal of shares
   52.   Doing acts
   52A.  Signing
   53.   Affairs of a body corporate
   53AA. Business affairs of a body corporate
   53AB. Business affairs of a natural person
   53AC. Business affairs of a partnership
   53AD. Business affairs of a trust
   54.   Chapter 8 agreements of the same kind
   55.   Chapter 8 obligations and rights
   56.   Classes of futures organisation membership
   57.   Classes of shares or interests in managed investment schemes
   57A.  Meaning of corporation
   58.   Corresponding laws and corresponding previous laws
   58A.  Recognition of acts etc. done under corresponding laws
   58AA. Meaning of court and Court 
   58B.  Discharge of obligations under this Law
   59.   Debentures as consideration for acquisition of shares
   61.   Discretionary accounts
   64.   Entering into a transaction in relation to shares or securities
   64A.  Entities
   64B.  Entities connected with a corporation
   65.   Eligible money market dealer
   66A.  Exempt bodies
   67.   Exempt brokers and exempt futures advisers
   68.   Exempt dealers and exempt investment advisers
   68A.  Exempt interests in managed investment schemes in relation to a jurisdiction
   70.   Extension of period for doing an act
   71.   Futures advice business
   72.   Futures contract
   72A.  Law applies to certain Chapter 8 agreements as if they were futures contracts
   73.   Futures representatives
   73A.  When a court is taken to find a person guilty of an offence
   75.   Inclusion in official list
   77.   Investment advice business
   79.   Involvement in contraventions
   80.   Jervis Bay Territory taken to be part of the Australian Capital Territory
   80A.  References to Ministers
   82.   Offers and invitations to the public
   82A.  Officers of bodies corporate and other entities
   83.   Officers, and other persons, in default
   84.   Own account dealings and transactions: securities
   85A.  Person etc.
   86.   Possession
   87.   Proper authority from futures licensee; invalid futures authority
   88.   Proper authority from securities licensee; invalid securities authority
   88A.  Public document of a body corporate
   89.   Qualified privilege
   90.   Receivers and managers
   91.   Being or becoming subject to a section 229 prohibition, a section 230 or 599 order, a section 600 notice or a civil penalty disqualification
   92.   Securities
   92A.  Law applies to certain relevant agreements as if they were securities
   93.   Securities business
   94.   Securities representatives
   95A.  Solvency and insolvency
   97.   Stock market not to include futures market

		Division 8 -- Miscellaneous interpretation rules

   100.  Address of registered office etc.
   100A. Operation of certain laws relating to instruments on which stamp duty has not been paid
   101.  Amount of stock representing a number of shares
   102.  Applications to be in writing
   102A. Application not to be granted unless applications also made under corresponding laws
   102B. In Australia or elsewhere, in this jurisdiction or elsewhere
   103.  Effect of certain contraventions of this Law
   104.  Effect of provisions empowering a person to require or prohibit conduct
   105.  Calculation of time
   106.  Performance of functions by Commission delegate
   108.  Parts of dollar to be disregarded in determining majority in value of creditors etc.
   109.  References to persons, things and matters
   109A. Reference to Commonwealth Acts
   109B. References to amended or re-enacted Acts of the Commonwealth, this jurisdiction etc.
   109C. Every section a substantive enactment
   109D. Headings, schedules, marginal notes, footnotes and end motes
   109DA.Exercise of certain powers between passing and commencing of amendments of Law
   109E. Effect of repeal
   109F. Implied repeals etc.
   109G. Effect of expiration of provision
   109H. Regard to be had to purpose or object of law
   109J. Use of extrinsic material in the interpretation of this Law
   109K. Changes to style not to affect meaning
   109L. Examples
   109M. Parts of speech and grammatical forms of words
   109N. References to offices and officers
   109P. References to companies etc.
   109Q. References to Commonwealth laws
   109R.  Rules as to gender and number
   109S. Production of records kept in computers etc.
   109T. Change of name of body or office
   109U. Compliance with forms
   109V. Content of statements of reasons for decisions
   109W. Attainment of particular age
   109X. Service of documents
   109Y. Meaning of service by post
   109Z. Measurement of distance
   109ZA.Expressions of time
   109ZB.Exercise of powers and duties
   109ZBA.Power to make instruments etc. may be exercised by reference to classes
   109ZC.Power to determine includes authority to administer oath
   109ZD.Delegations
   109ZE.Effect of delegation
   109ZF.Exercise of certain powers and functions by a delegate

		Division 9 -- Interpreting the regulations

   110.  Expressions have the same meaning as in this Law
   110A. Severing invalid provisions

		Division 10 -- Interpreting other subordinate instruments

   110B. Expressions have the same meaning as in this Law
   110C. Severing invalid provisions

		Division 11 -- Application of certain provisions

   110D. Chapters 1 to 6 and 9
   110E. Application of this Law in coastal sea

	PART 1.2A -- DISCLOSING ENTITIES

		Division 1 -- Object of Part

   111AA.Object of Part

		Division 2 -- Definitions

   111AB.Terms defined in Division
   111AC.Disclosing entity
   111AD.ED securities
   111AE.Securities quoted on a stock market
   111AF.Securities to which lodged or deemed prospectus relates
   111AG.Securities issued as consideration for an acquisition under an off-market takeover bid or Part 5.1 compromise or arrangement
   111AH.When a person holds securities for the purposes of sections 111AF and 111AG
   111AI.Debentures that need trustee appointed under section 260FA
   111AJ.Regulations may declare securities not to be ED securities
   111AK.ED securities of a disclosing entity
   111AL.Listed or unlisted disclosing entity
   111AM.Quoted ED securities
		
		Division 3 -- Significance of being a disclosing entity

   111AN.Division contains outline of significance of being a disclosing entity
   111AO.Accounting requirements
   111AP.Continuous disclosure requirements
   111AQ.Prospectus relief
		
		Division 4 -- Exemptions and modifications

   111AR.Meaning of disclosing entity provisions 
   111AS.Exemptions by regulations
   111AT.Exemptions by the Commission
   111AU.Enforcing conditions of exemptions
   111AV.Modifications by regulations
   111AW.Exemptions and modifications have effect
   111AX.Effect of Division

	PART 1.3 -- APPLICATION ORDERS

   111A. Power to make
   111B. Orders under this Part and corresponding laws
   111C. Specifying a matter by reference to another instrument
   111D. Notification in the Gazette
   111E. When order takes effect
   111F. Interpretation of application orders
   111G. Severing invalid provisions
   111H. Effect of certain instruments made before 1 January 1991

	PART 1.4 -- TECHNICAL PROVISIONS ABOUT AIDS FOR READERS

   111J. Small business guide

	PART 1.5 -- SMALL BUSINESS GUIDE

   1. What registration means
   2. The company structure for small business
   3. Setting up a new company
   4. Continuing obligations after the company is set up
   5. Company directors and company secretaries
   6. Shares and shareholders
   7. Signing company documents
   8. Funding the company's operations
   9. Returns to shareholders
   10. Annual financial reports and audit
   11. Disagreements within the company
   12. Companies in financial trouble

CHAPTER 2A -- REGISTERING A COMPANY

	PART 2A.1 -- WHAT COMPANIES CAN BE REGISTERED

   112.  Types of companies
   113.  Proprietary companies
   114.  Minimum of 1 member
   115.  Restrictions on size of partnerships and associations
   116.  Trade unions cannot be registered 

	PART 2A.2 -- HOW A COMPANY IS REGISTERED

   117.  Applying for registration
   118.  ASIC gives company ACN, registers company and issues certificate
   119.  Company comes into existence on registration
   120.  Members, directors and company secretary of a company
   121.  Registered office
   122.  Expenses incurred in promoting and setting up company
   123.  Company may have common seal

CHAPTER 2B -- BASIC FEATURES OF A COMPANY

	PART 2B.1 -- COMPANY POWERS AND HOW THEY ARE EXERCISED

   124.  Legal capacity and powers of a company
   125.  Constitution may limit powers and set out objects
   126.  Agent exercising a company's power to make contracts 
   127.  Execution of documents (including deeds) by the company itself

	PART 2B.2 -- ASSUMPTIONS PEOPLE DEALING WITH COMPANIES ARE ENTITLED TO MAKE

   128.  Entitlement to make assumptions
   129.  Assumptions that can be made under section 128
   130.  Information available to the public from ASIC does not constitute constructive notice

	PART 2B.3 -- CONTRACTS BEFORE REGISTRATION

   131.  Contracts before registration
   132.  Person may be released from liability but is not entitled to indemnity
   133.  This Part replaces other rights and liabilities 

	PART 2B.4 -- REPLACEABLE RULES AND CONSTITUTION

   134.  Internal management of companies
   135.  Replaceable rules
   136.  Constitution of a company
   137.  Date of effect of adoption, modification or repeal of constitution
   138.  ASIC may direct company to lodge consolidated constitution
   139.  Company must send copy of constitution to member
   140.  Effect of constitution and replaceable rules
   141.  Table of replaceable rule

	PART 2B.5 -- REGISTERED OFFICE AND PLACES OF BUSINESS

   142.  Registered office
   143.  ASIC may change address of registered office to a director's address
   144.  Company's name must be displayed at registered office etc. 
   145.  Opening hours of registered office of public company
   146.  Change of address of principal place of business

	PART 2B.6 -- NAMES

		Division 1 -- Selecting and using a name

   147.  When a name is available
   148.  A company's name
   149.  Acceptable abbreviations
   150.  Exception to requirement for using "Limited" in name
   151.  Exception to requirement for using "Limited" in name—pre-existing licences
   152.  Reserving a name
   153.  Using a name and ACN on documents
   154.  Exception to requirement to have ACN on receipts
   155.  Regulations may exempt from requirement to set out information on documents
   156.  Carrying on business using "Limited", "No Liability" or "Proprietary" in name

		Division 2 -- Changing a company's name

   157.  Company changing its name
   158.  ASC's power to direct company to change its name [see Note 2]
   159.  ASIC's power to include "Limited" in company's name
   160.  ASIC must issue new certificate if company's name changes
   161.  Effect of name change

	PART 2B.7 -- CHANGING COMPANY TYPE

   162.  Changing company type
   163.  Applying for change of type
   164.  ASIC changes type of company
   165.  ASIC may direct a proprietary company to change to a public company in certain circumstances
   166.  Effect of change of type
   167.  Issue of shares by company or holding company—company limited by guarantee changing to company limited by shares

CHAPTER 2C -- REGISTERS

   167A. Who is covered by this Chapter
   168.  Registers to be maintained
   169.  Register of members
   170.  Register of option holders and copies of options documents
   171.  Register of debenture holders
   172.  Location of registers [see Note 4]
   173.  Right to inspect and get copies
   174.  Agent's obligations
   175.  Correction of registers
   176.  Evidentiary value of registers
   177.  Use of information on registers
   178.  Overseas branch registers

CHAPTER 2D -- OFFICERS AND EMPLOYEES

	PART 2D.1 -- DUTIES AND POWERS

   179.  Background to duties of directors, other officers and employees

		Division 1 -- General duties

   180.  Care and diligence—civil obligation only
   181.  Good faith—civil obligations
   182.  Use of position—civil obligations
   183.  Use of information—civil obligations
   184.  Good faith, use of position and use of information—criminal offences
   185.  Interaction of sections 180 to 184 with other laws etc.
   186.  Territorial application of sections 180 to 184
   187.  Directors of wholly-owned subsidiaries
   188.  Responsibility of secretaries and directors for certain contraventions
   189.  Reliance on information or advice provided by others
   190.  Responsibility for actions of delegate
   191.  Material personal interest—director's duty to disclose

		Division 2 -- Disclosure of, and voting on matters involving, material personal interests

   192.  Director may give other directors standing notice about an interest
   193.  Interaction of sections 191 and 192 with other laws etc.
   194.  Voting and completion of transactions—directors of proprietary companies (replaceable rule—see section 135)
   195.  Restrictions on voting—directors of public companies only
   196.  ASIC power to make declarations and class orders

		Division 3 -- Duty to discharge certain trust liabilities

   197.  Directors liable for debts and other obligations incurred by corporation as trustee

		Division 4 -- Powers

   198A. Powers of directors (replaceable rule—see section 135)
   198B. Negotiable instruments (replaceable rule—see section 135)
   198C. Managing director (replaceable rule—see section 135)
   198D. Delegation
   198E. Single director/shareholder proprietary companies
   198F. Right of access to company books

	PART 2D.2 -- RESTRICTIONS ON INDEMNITIES, INSURANCE AND TERMINATION PAYMENTS

		Division 1 -- Indemnities and insurance for officers and auditors

   199A. Indemnification and exemption of officer or auditor
   199B. Insurance premiums for certain liabilities of director, secretary, other officer or auditor
   199C. Certain indemnities, exemptions, payments and agreements not authorised and certain documents void

		Division 2 -- Termination payments

   200A. When benefit given in connection with retirement from office
   200B. Retirement benefits generally need membership approval
   200C. Benefits on transfer of undertaking or property need membership approval
   200D. Contravention to receive benefit without member approval
   200E. Approval by members
   200F. Exempt benefits and benefits given in certain circumstances
   200G. Genuine payments of pension and lump sum
   200H. Benefits required by law
   200J. Benefits to be held in trust for company

	PART 2D.3 -- APPOINTMENT, REMUNERATION AND CESSATION OF APPOINTMENT OF DIRECTORS

		Division 1 -- Appointment of directors

   201A. Minimum number of directors
   201B. Who can be a director
   201C. Directors of public companies, or subsidiaries, over 72
   201D. Consent to act as director
   201E. Special rules for the appointment of public company directors
   201F. Special rules for the appointment of directors for single director/single shareholder proprietary companies
   201G. Company may appoint a director (replaceable rule—see section 135)
   201H. Directors may appoint other directors (replaceable rule—see section 135)
   201J. Appointment of managing directors (replaceable rule—see section 135)
   201K. Alternate directors (replaceable rule—see section 135)
   201L. Signpost—ASIC to be notified of appointment
   201M. Effectiveness of acts by directors

		Division 2 -- Remuneration of directors

   202A. Remuneration of directors (replaceable rule—see section 135)
   202B. Members may obtain information about directors' remuneration
   202C. Special rule for single director/single shareholder proprietary companies

		Division 3 -- Resignation, retirement or removal of directors

   203A. Director may resign by giving written notice to company (replaceable rule—see section 135)
   203B. Signpost to consequences of disqualification from managing corporations
   203C. Removal by members—proprietary companies (replaceable rule—see section 135)
   203D. Removal by members—public companies
   203E. Director cannot be removed by other directors—public companies
   203F. Termination of appointment of managing director (replaceable rule—see section 135)

	PART 2D.4 -- APPOINTMENT OF SECRETARIES

   204A. Minimum number of secretaries
   204B. Who can be a secretary
   204C. Consent to act as secretary
   204D. How a secretary is appointed
   204E. Effectiveness of acts by secretaries
   204F. Terms and conditions of office for secretaries (replaceable rule—see section 135)
   204G. Signpost to consequences of disqualification from managing corporations

	PART 2D.5 -- PUBLIC INFORMATION ABOUT DIRECTORS AND SECRETARIES

   205A. Director, secretary or alternate director may notify ASIC of resignation or retirement
   205B. Notice of name and address of directors and secretaries to ASIC
   205C. Director and secretary must give information to company
   205D. Address for officers
   205E. ASIC's power to ask for information about person's position as director or secretary
   205F. Director must give information to company
   205G. Listed company—director to notify securities exchange of shareholdings etc.

	PART 2D.6 -- DISQUALIFICATION FROM MANAGING CORPORATIONS

   206A. Disqualified person not to manage corporations
   206B. Automatic disqualification
   206C. Court power of disqualification—contravention of civil penalty provision
   206D. Court power of disqualification—insolvency and non-payment of debts
   206E. Court power of disqualification—repeated contraventions of Law
   206F. ASIC's power of disqualification
   206G. Court power to grant leave
   206H. Territorial application of this Part

CHAPTER 2E -- RELATED PARTY TRANSACTIONS

   207.  Purpose

	PART 2E.1 -- MEMBER APPROVAL NEEDED FOR RELATED PARTY BENEFIT

		Division 1 -- Need for member approval

   208.  Need for member approval for financial benefit
   209.  Consequences of breach
   210.  Arm's length terms

		Division 2 -- Exceptions to the requirement for member approval

   211.  Remuneration and reimbursement for officer or employee
   212.  Indemnities, exemptions, insurance premiums and payment for legal costs for officers
   213.  Small amounts given to director or spouse
   214.  Benefit to or by closely-held subsidiary
   215.  Benefits to members that do not discriminate unfairly
   216.  Court order

		Division 3 -- Procedure for obtaining member approval

   217.  Resolution may specify matters by class or kind
   218.  Company must lodge material that will be put to members with ASIC
   219.  Requirements for explanatory statement to members
   220.  ASIC may comment on proposed resolution
   221.  Requirements for notice of meeting
   222.  Other material put to members
   223.  Proposed resolution cannot be varied
   224.  Voting by or on behalf of related party interested in proposed resolution
   225.  Voting on the resolution
   226.  Notice of resolution to be lodged
   227.  Declaration by court of substantial compliance

	PART 2E.2 -- RELATED PARTIES AND FINANCIAL BENEFITS

   228.  Related parties
   229.  Giving a financial benefit

	PART 2E.3 -- INTERACTION WITH OTHER RULES

   230.  General duties still apply

CHAPTER 2F -- MEMBERS' RIGHTS AND REMEDIES

   231.  Membership of a company

	PART 2F.1 -- OPPRESSIVE CONDUCT OF AFFAIRS

   232.  Grounds for Court order
   233.  Orders the Court can make
   234.  Who can apply for order
   235.  Requirement for person to lodge order

	PART 2F.1A -- PROCEEDINGS ON BEHALF OF A COMPANY BY MEMBERS AND OTHERS

   236.  Bringing, or intervening in, proceedings on behalf of a company
   237.  Applying for and granting leave
   238.  Substitution of another person for the person granted leave
   239.  Effect of ratification by members
   240.  Leave to discontinue, compromise or settle proceedings brought, or intervened in, with leave
   241.  General powers of the Court
   242.  Power of the Court to make costs orders

	PART 2F.2 -- CLASS RIGHTS

   246B. Varying and cancelling class rights
   246C. Certain actions taken to vary rights etc.
   246D. Variation, cancellation or modification without unanimous support of class
   246E. Variation, cancellation or modification with unanimous support of class
   246F. Company must lodge documents and resolutions with ASIC
   246G. Member's copies of documents and resolutions

	PART 2F.3 -- INSPECTION OF BOOKS

   247A. Order for inspection of books of company or registered managed investment scheme
   247B. Ancillary orders
   247C. Disclosure of information acquired in inspection
   247D. Company or directors may allow member to inspect books (replaceable rule see section 135)

CHAPTER 2G -- MEETINGS

	PART 2G.1 -- DIRECTORS' MEETINGS

		Division 1 -- Resolutions and declarations without meetings

   248A. Circulating resolutions of companies with more than 1 director (replaceable rule see section 135)
   248B. Resolutions and declarations of 1 director proprietary companies

		Division 2 -- Directors' meetings

   248C. Calling directors' meetings (replaceable rule see section 135)
   248D. Use of technology
   248E. Chairing directors' meetings (replaceable rule see section 135)
   248F. Quorum at directors' meetings (replaceable rule see section 135)
   248G. Passing of directors' resolutions (replaceable rule see section 135)

	PART 2G.2 -- MEETINGS OF MEMBERS OF COMPANIES

		Division 1 -- Resolutions without meetings

   249A. Circulating resolutions of proprietary companies with more than 1 member

		Division 2 -- Who may call meetings of members

   249B. Resolutions of 1 member companies
   249C. Calling of meetings of members by a director (replaceable rule—see section 135)
   249CA.Calling of meetings of members of a listed company by a director
   249D. Calling of general meeting by directors when requested by members
   249E. Failure of directors to call general meeting
   249F. Calling of general meetings by members
   249G. Calling of meetings of members by the Court

		Division 3 -- How to call meetings of members

   249H. Amount of notice of meetings
   249HA.Amount of notice of meetings of listed company
   249J. Notice of meetings of members to members and directors
   249K. Auditor entitled to notice and other communications
   249L. Contents of notice of meetings of members
   249M. Notice of adjourned meetings (replaceable rule—see section 135)

		Division 4 -- Members' rights to put resolutions etc. at general meetings

   249N. Members' resolutions
   249O. Company giving notice of members' resolutions
   249P. Members' statements to be distributed

		Division 5 -- Holding meetings of members

   249Q. Purpose
   249R. Time and place for meetings of members
   249S. Technology 
   249T. Quorum (replaceable rule—see section 135)
   249U. Chairing meetings of members (replaceable rule—see section 135)
   249V. Auditor's right to be heard at general meetings
   249W. Adjourned meetings

		Division 6 -- Proxies and body corporate representatives

   249X. Who can appoint a proxy (replaceable rule for proprietary companies and mandatory rule for public companies—see section 135)
   249Y. Rights of proxies
   249Z. Company sending appointment forms or lists of proxies must send to all members
   250A. Appointing a proxy
   250B. Proxy documents
   250BA.Proxy documents—listed companies
   250C. Validity of proxy vote
   250D. Body corporate representative

		Division 7 -- Voting at meetings of members

   250E. How many votes a member has (replaceable rule—see section 135)
   250F. Jointly held shares (replaceable rule—see section 135)
   250G. Objections to right to vote (replaceable rule—see section 135)
   250H. Votes need not all be cast in the same way
   250J. How voting is carried out (replaceable rule—see section 135)
   250K. Matters on which a poll may be demanded
   250L. When a poll is effectively demanded
   250M. When and how polls must be taken (replaceable rule—see section 135)

		Division 8 -- AGMs of public companies

   250N. Public company must hold AGM
   250P. Extension of time for holding AGM
   250R. Business of AGM
   250S. Questions and comments by members on company management at AGM
   250T. Questions by members of auditors at AGM

	PART 2G.3 -- MINUTES AND MEMBERS' ACCESS TO MINUTES

   251A. Minutes
   251AA.Disclosure of proxy votes—listed companies
   251B. Members' access to minutes

	PART 2G.4 -- MEETINGS OF MEMBERS OF REGISTERED MANAGED INVESTMENT SCHEMES

		Division 1 -- Who may call meetings of members

   252A. Calling of meetings of members by responsible entity
   252B. Calling of meetings of members by responsible entity when requested by members
   252C. Failure of responsible entity to call meeting of the scheme's members
   252D. Calling of meetings of members by members
   252E. Calling of meetings of members by the Court

		Division 2 -- How to call meetings of members

   252F. Amount of notice of meetings
   252G. Notice of meetings of members to members, directors and auditors
   252H. Auditors entitled to other communications
   252J. Contents of notice of meetings of members
   252K. Notice of adjourned meetings

		Division 3 -- Members' rights to put resolutions etc. at meetings of members

   252L. Members' resolutions
   252M. Responsible entity giving notice of members' resolutions
   252N. Members' statements to be distributed

		Division 4 -- Holding meetings of members

   252P. Time and place for meetings of members
   252Q. Technology
   252R. Quorum
   252S. Chairing meetings of members
   252T. Auditors' right to be heard at meetings of members
   252U. Adjourned meetings

		Division 5 -- Proxies and body corporate representatives

   252V. Who can appoint a proxy
   252W. Rights of proxies
   252X. Responsible entity sending appointment forms or lists of proxies must send to all members
   252Y. Appointing a proxy
   252Z. Proxy documents
   253A. Validity of proxy vote
   253B. Body corporate representative

		Division 6 -- Voting at meetings of members

   253C. How many votes a member has
   253D. Jointly held interests
   253E. Responsible entity and associates cannot vote if interested in resolution
   253F. How to work out the value of an interest
   253G. Objections to a right to vote
   253H. Votes need not all be cast in the same way
   253J. How voting is carried out
   253K. Matters on which a poll may be demanded
   253L. When a poll is effectively demanded

		Division 7 -- Minutes and members' access to minutes

   253M. Minutes
   253N. Members' access to minutes

CHAPTER 2H -- SHARES

	PART 2H.1 -- ISSUING AND CONVERTING SHARES

   254A. Power to issue bonus, partly-paid, preference and redeemable preference shares
   254B. Terms of issue
   254C. No par value shares
   254D. Pre-emption for existing shareholders on issue of shares in proprietary company (replaceable rule—see section 135)
   254E. Court validation of issue 
   254F. Bearer shares and stock must not be issued
   254G. Conversion of shares
   254H. Resolution to convert shares into larger or smaller number

	PART 2H.2 -- REDEMPTION OF REDEEMABLE PREFERENCE SHARES

   254J. Redemption must be in accordance with terms of issue
   254K. Other requirements about redemption
   254L. Consequences of contravening section 254J or 254K

	PART 2H.3 -- PARTLY-PAID SHARES

   254M. Liability on partly-paid shares
   254N. Calls may be limited to when company is externally-administered
   254P. No liability companies—calls on shares
   254Q. No liability companies—forfeiture and sale of shares for failure to meet call
   254R. No liability companies—redemption of forfeited shares

	PART 2H.4 -- CAPITALISATION OF PROFITS

   254S. Capitalisation of profits

	PART 2H.5 -- DIVIDENDS

   254T. Dividends to be paid out of profits 
   254U. Other provisions about paying dividends (replaceable rule—see section 135)
   254V. When does the company incur a debt?
   254W. Dividend rights

	PART 2H.6 -- NOTICE REQUIREMENTS

   254X. Notice to ASIC of share issue
   254Y. Notice to ASIC of share cancellation 

CHAPTER 2J -- TRANSACTIONS AFFECTING SHARE CAPITAL

	PART 2J.1 -- SHARE CAPITAL REDUCTIONS AND SHARE BUY-BACKS

   256A. Purpose

		Division 1 -- Reductions in share capital not otherwise authorised by law

   256B. Company may make reduction not otherwise authorised
   256C. Shareholder approval
   256D. Consequences of failing to comply with section 256B 
   256E. Signposts to other relevant provisions 

		Division 2 -- Share buy-backs

   257A. The company's power to buy back its own shares
   257B. Buy-back procedure—general
   257C. Buy-back procedure—shareholder approval if the 10/12 limit exceeded
   257D. Buy-back procedure—special shareholder approval for selective buy-back
   257E. Buy-back procedure—lodgment of offer documents with ASIC
   257F. Notice of intended buy-back
   257G. Buy-back procedure—disclosure of relevant information when offer made
   257H. Acceptance of offer and transfer of shares to the company
   257J. Signposts to other relevant provisions 

		Division 3 -- Other share capital reductions

   258A. Unlimited companies
   258B. Right to occupy or use real property
   258C. Brokerage or commission
   258D. Cancellation of forfeited shares
   258E. Other share cancellations 
   258F. Reductions because of lost capital

	PART 2J.2 -- SELF-ACQUISITION AND CONTROL OF SHARES

   259A. Directly acquiring own shares
   259B. Taking security over own shares or shares in holding company
   259C. Issuing or transferring shares to controlled entity
   259D. Company controlling entity that holds shares in it
   259E. When a company controls an entity
   259F. Consequences of failing to comply with section 259A or 259B 

	PART 2J.3 -- FINANCIAL ASSISTANCE

   260A. Financial assistance by a company for acquiring shares in the company or a holding company
   260B. Shareholder approval
   260C. Exempted financial assistance 
   260D. Consequences of failing to comply with section 260A 

	PART 2J.4 -- INTERACTION WITH GENERAL DIRECTORS' DUTIES

   260E. General duties still apply 

CHAPTER 2K -- CHARGES

	PART 2K.1 -- PRELIMINARY

   261.  Interpretation and application

	PART 2K.2 -- REGISTRATION

   262.  Charges required to be registered
   263.  Lodgment of notice of charge and copy of instrument
   264.  Acquisition of property subject to charge
   265.  Registration of documents relating to charges
   265A. Standard time for the purposes of section 265
   266.  Certain charges void against liquidator or administrator
   267.  Charges in favour of certain persons void in certain cases
   268.  Assignment and variation of charges
   268A. Assignment of charges under the State Bank (Corporatisation) Act 1994 of South Australia
   269.  Satisfaction of, and release of property from, charges
   270.  Lodgment of notices, offences etc.
   271.  Company to keep documents relating to charges and register of charges
   272.  Certificates
   273.  Registration under other legislation relating to charges
   274.  Power of Court to rectify Register
   275.  Charges of company existing before 1 January 1991
   275A. Charges of bodies to which section 1362CJ applies
   276.  Charges of body corporate registered as a company
   276AA.Charges of company transferring jurisdiction
   276A. Charges of recognised companies and certain foreign companies
   277.    Power to exempt from compliance with certain requirements of Division

	PART 2K.3 -- ORDER OF PRIORITY

   278.  Interpretation
   279.  Priorities of charges
   280.  General priority rules in relation to registered charges
   281.  General priority rule in relation to unregistered charges
   282.  Special priority rules

CHAPTER 2L -- DEBENTURES

	PART 2L.1 -- REQUIREMENT FOR TRUST DEED AND TRUSTEE

   260FA.Requirement for trust deed and trustee
   260FB.Trust deed
   260FC.Who can be a trustee
   260FD.Existing trustee continues to act until new trustee takes office
   260FE.Replacement of trustee

	PART 2L.2 -- DUTIES OF BORROWER

   260GA.Duties of borrower
   260GB.General duties
   260GC.Duty to notify ASIC of name of trustee
   260GD.Duty to replace trustee
   260GE.Duty to inform trustee about charges
   260GF.Duty to give trustee and ASIC quarterly reports
   260GG.Exceptions
   260GH.How debentures may be described
   260GI.Offences for failure to comply with statutory duties

	PART 2L.3 -- DUTIES OF GUARANTOR

   260HA.Duties of guarantor
   260HB.General duties
   260HC.Duty to inform trustee about charges
   260HD.Exceptions
   260HE.Offences for failure to comply with statutory duties

	PART 2L.4 -- TRUSTEE

   260JA.Trustee's duties
   260JB.Exemptions and indemnifications of trustee from liability
   260JC.Indemnity

	PART 2L.5 -- MEETINGS OF DEBENTURE HOLDERS

   260KA.Borrower's duty to call meeting
   260KB.Trustee's power to call meeting
   260KC.Court may order meeting

	PART 2L.6 -- CIVIL LIABILITY

   260L. Civil liability for contravening this Chapter

	PART 2L.7 -- ASIC POWERS

   260MA.ASIC's power to exempt and modify
   260MB.ASIC may approve body corporate to be trustee

	PART 2L.8 -- COURT

   260NA.General Court power to give directions and determine questions
   260NB.Specific Court powers

	PART 2L.9 -- LOCATION OF OTHER DEBENTURE PROVISIONS

   260P. Signpost to other debenture provisions

CHAPTER 2M -- FINANCIAL REPORTS AND AUDIT

	PART 2M.1 -- OVERVIEW

   285.  Overview of obligations under this Chapter

	PART 2M.2 -- FINANCIAL RECORDS

   286.  Obligation to keep financial records
   287.  Language requirements
   288.  Physical format
   289.  Place where records are kept
   290.  Director access
   291.  Signposts to other relevant provisions

	PART 2M.3 -- FINANCIAL REPORTING

		Division 1 -- Annual financial reports and directors' reports

   292.  Who has to prepare annual financial reports and directors' reports
   293.  Small proprietary company—shareholder direction
   294.  Small proprietary company—ASIC direction
   295.  Contents of annual financial report
   296.  Compliance with accounting standards and regulations
   297.  True and fair view
   298.  Annual directors' report
   299.  Annual directors' report—general information
   300.  Annual directors' report—specific information 
   300A. Annual directors' report—specific information to be provided by listed companies
   301.  Audit of annual financial report

		Division 2 -- Half-year financial report and directors' report

   302.  Disclosing entity must prepare half-year financial report and directors' report
   303.  Contents of half-year financial report
   304.  Compliance with accounting standards and regulations
   305.  True and fair view
   306.  Half-year directors' report

		Division 3 -- Audit and auditor's report

   307.  Audit
   308.  Auditor's report on annual financial report
   309.  Auditor's report on half-year financial report
   310.  Auditor's power to obtain information
   311.  Reporting to ASIC
   312.  Assisting auditor
   313.  Special provisions on audit of debenture issuers and guarantors

		Division 4 -- Annual financial reporting to members

   314.  Annual financial reporting to members
   315.  Deadline for reporting to members
   316.  Member's choices for annual financial information
   317.  Consideration of reports at AGM
   318.  Additional reporting by debenture issuers 

		Division 5 -- Lodging reports with ASIC

   319.  Lodgment of annual reports with ASIC [see Note 2]
   320.  Lodgment of half-year reports with ASIC
   321.  ASC power to require lodgment
   322.  Relodgment if financial statements or directors' reports amended after lodgment

		Division 6 -- Special provisions about consolidated financial statements

   323.  Directors and officers of controlled entity to give information 
   323A. Auditor's power to obtain information from controlled entity
   323B. Controlled entity to assist auditor
   323C. Application of Division to entity that has ceased to be controlled

		Division 7 -- Financial years and half-years

   323D. Financial years and half-years

		Division 8 -- Disclosure by listed companies of information filed overseas

   323DA.Listed companies to disclose information filed overseas

	PART 2M.4 -- APPOINTMENT AND REMOVAL OF AUDITORS

		Division 1 -- Companies

   324.  Qualifications of auditors 
   325.  Appointment of auditor by proprietary company
   327.  Appointment of auditors
   328.  Nomination of auditors
   329.  Removal and resignation of auditors 
   330.  Effect of winding up on office of auditor
   331.  Fees and expenses of auditors

		Division 2 -- Registered schemes

   331AA.Qualifications of auditors 
   331AB.Appointment of auditors
   331AC.Removal and resignation of auditors
   331AD.Effect of winding up an office of auditor 
   331AE.Fees and expenses of auditors

	PART 2M.5 -- ACCOUNTING STANDARDS

   334.  Accounting standards 
   335.  Equity accounting
   337.  Interpretation of accounting standards
   338.  Severing invalid provisions
   339.  Evidence of text of accounting standard [see Note 2]

	PART 2M.6 -- EXEMPTIONS AND MODIFICATIONS

   340.  ASIC's power to make specific exemption orders 
   341.  ASIC's power to make class orders 
   342.  Criteria for specific exemption orders and class orders 
   343.  Modification by regulations

	PART 2M.7 -- SANCTIONS FOR CONTRAVENTIONS OF CHAPTER

   344.  Contravention of Part 2M.2 or 2M.3 

CHAPTER 2N -- ANNUAL RETURN AND LODGMENTS WITH ASIC

	PART 2N.1 -- ANNUAL RETURNS

   345.  Deadline for lodging annual return
   346.  Solvency resolution—companies
   347.  Lodging annual return with ASIC
   348.  Contents of annual return—companies [see Notes 2 and 5]
   349.  Contents of annual return—registered schemes [see Note 3]

	PART 2N.2 -- LODGMENTS WITH ASIC

   350.  Forms for documents to be lodged with ASIC
   351.  Signing documents lodged with ASIC
   352.  Documents lodged with ASIC electronically

CHAPTER 5 -- EXTERNAL ADMINISTRATION

	PART 5.1 -- ARRANGEMENTS AND RECONSTRUCTIONS

   410.  Interpretation
   411.  Administration of compromises etc.
   412.  Information as to compromise with creditors
   413.  Provisions for facilitating reconstruction and amalgamation of Part 5.1. bodies
   414.  Acquisition of shares of shareholders dissenting from scheme or contract approved by majority
   415.  Notification of appointment of scheme manager and power of Court to require report
   415A.   Enforcement of orders made in other jurisdictions

	PART 5.2 -- RECEIVERS, AND OTHER CONTROLLERS, OF PROPERTY OF CORPORATIONS

   416.  Interpretation
   417.  Application of Part
   418.  Persons not to act as receivers
   418A. Court may declare whether controller is validly acting
   419.  Liability of controller
   419A. Liability of controller under pre-existing agreement about property used by corporation
   420.  Powers of receiver
   420A. Controller's duty of care in exercising power of sale 
   420B. Court may authorise managing controller to dispose of property despite prior charge
   420C. Receiver's power to carry on corporation's business during winding up
   421.  Controller's duties in relation to bank accounts and financial records
   421A. Managing controller to report within 2 months about corporation's affairs
   422.  Reports by receiver
   423.  Supervision of controller
   424.  Controller may apply to Court
   425.  Court's power to fix receiver's remuneration
   426.  Controller has qualified privilege in certain cases
   427.  Notification of matters relating to controller
   428.  Statement that receiver appointed or other controller acting
   429.  Officers to report to controller about corporation's affairs
   430.  Controller may require reports
   431.  Controller may inspect books
   432.  Lodging controller's accounts
   433.  Payment of certain debts, out of property subject to floating
           charge, in priority to claims under charge
   434.  Enforcing controller's duty to make returns
   434A. Court may remove controller for misconduct
   434B. Court may remove redundant controller
   434C. Effect of sections 434A and 434B

	PART 5.3A -- ADMINISTRATION OF A COMPANY'S AFFAIRS WITH A VIEW TO EXECUTING A DEED OF COMPANY ARRANGEMENT

		Division 1 -- Preliminary

   435A. Object of Part
   435B. Interpretation
   435C. When administration begins and ends

		Division 2 -- Appointment of administrator and first meeting of creditors

   436A. Company may appoint administrator if board thinks it is or will become insolvent
   436B. Liquidator may appoint administrator
   436C. Chargee may appoint administrator
   436D. Company already under administration
   436E. Purpose and timing of first meeting of creditors
   436F. Functions of committee of creditors
   436G. Membership of committee

		Division 3 -- Administrator assumes control of company's affairs

   437A. Role of administrator
   437B. Administrator acts as company's agent
   437C. Powers of other officers suspended
   437D. Only administrator can deal with company's property
   437E. Order for compensation where officer involved in void transaction
   437F. Effect of administration on company's members

		Division 4 -- Administrator investigates company's affairs

   438A. Administrator to investigate affairs and consider possible courses of action
   438B. Directors to help administrator
   438C. Administrator's rights to company's books
   438D. Reports by administrator

		Division 5 -- Meeting of creditors decides company's future

   439A. Administrator to convene meeting and inform creditors
   439B. Conduct of meeting
   439C. What creditors may decide

		Division 6 -- Protection of company's property during administration

   440A. Winding up company
   440B. Charge unenforceable
   440C. Owner or lessor cannot recover property used by company
   440D. Stay of proceedings
   440E. Administrator not liable in damages for refusing consent
   440F. Suspension of enforcement process
   440G. Duties of court officer in relation to property of company
   440H. Lis pendens taken to exist
   440J. Administration not to trigger liability of director or relative under guarantee of company's liability

		Division 7 -- Rights of chargee, owner or lessor

   441A. Where chargee acts before or during decision period
   441B. Where enforcement of charge begins before administration
   441C. Charge on perishable property
   441D. Court may limit powers of chargee etc. in relation to charged property
   441E. Giving a notice under a charge
   441F. Where recovery of property begins before administration
   441G. Recovering perishable property
   441H. Court may limit powers of receiver etc. in relation to property used by company
   441J. Giving a notice under an agreement about property
   441K. Effect of Division

		Division 8 -- Powers of administrator

   442A. Additional powers of administrator
   442B. Dealing with property subject to a floating charge that has crystallised
   442C. When administrator may dispose of encumbered property
   442D. Administrator's powers subject to powers of chargee, receiver etc.
   442E. Administrator has qualified privilege
   442F. Protection of persons dealing with administrator

		Division 9 -- Administrator's liability and indemnity for debts of administration

			Subdivision A -- Liability

   443A. General debts
   443B. Payments for property used or occupied by, or in the possession of, the company
   443BA.Certain taxation liabilities
   443C. Administrator not otherwise liable for company's debts

			Subdivision B -- Indemnity

   443D. Right of indemnity
   443E. Right of indemnity has priority over other debts
   443F. Lien to secure indemnity

		Division 10 -- Execution and effect of deed of company arrangement

   444A. Effect of creditors' resolution
   444B. Execution of deed
   444C. Creditor etc. not to act inconsistently with deed before its execution
   444D. Effect of deed on creditors
   444E. Protection of company's property from persons bound by deed
   444F. Court may limit rights of secured creditor or owner or lessor
   444G. Effect of deed on company, officers and members
   444H. Extent of release of company's debts

		Division 11 -- Variation, termination and avoidance of deed

   445A. Variation of deed by creditors
   445B. Court may cancel variation
   445C. When deed terminates
   445D. When Court may terminate deed
   445E. Creditors may terminate deed and resolve that company be wound up
   445F. Meeting of creditors to consider proposed variation or termination of deed
   445G. When Court may void or validate deed
   445H. Effect of termination or avoidance

		Division 12 -- Transition to creditors' voluntary winding up

   446A. Administrator becomes liquidator in certain cases
   446B. Regulations may provide for transition in other cases

		Division 13 -- Powers of Court

   447A. General power to make orders
   447B. Orders to protect creditors during administration
   447C. Court may declare whether administrator validly appointed
   447D. Administrator may seek directions
   447E. Supervision of administrator of company or deed
   447F. Effect of Division

		Division 14 -- Qualifications of administrators

   448A. Appointee must consent
   448B. Administrator must be registered liquidator
   448C. Disqualification of person connected with company 
   448D. Disqualification of insolvent under administration

		Division 15 -- Removal, replacement and remuneration of administrator

   449A. Appointment of administrator cannot be revoked
   449B. Court may remove administrator
   449C. Vacancy in office of administrator of company
   449D. Vacancy in office of administrator of deed of company arrangement
   449E. Remuneration of administrator Part /division>

		Division 16 -- Notices about steps taken under Part

   450A. Appointment of administrator
   450B. Execution of deed of company arrangement
   450C. Failure to execute deed of company arrangement
   450D. Termination of deed of company arrangement
   450E. Notice in public documents etc. of company
   450F. Effect of contravention of this Division

		Division 17 -- Miscellaneous

   451A. Appointment of 2 or more administrators of company
   451B. Appointment of 2 or more administrators of deed of company arrangement
   451C. Effect of things done during administration of company
   451D. Time for doing act does not run while act prevented by this Part

	PART 5.4 -- WINDING UP IN INSOLVENCY

		Division 1 -- When company to be wound up in insolvency

   459A. Order that insolvent company be wound up in insolvency
   459B. Order made on application under section 234, 462 or 464 
   459C. Presumptions to be made in certain proceedings 
   459D. Contingent or prospective liability relevant to whether company solvent

		Division 2 -- Statutory demand

   459E. Creditor may serve statutory demand on company
   459F. When company taken to fail to comply with statutory demand

		Division 3 -- Application to set aside statutory demand

   459G. Company may apply
   459H. Determination of application where there is a dispute or offsetting claim
   459J. Setting aside demand on other grounds
   459K. Effect of order setting aside demand
   459L. Dismissal of application
   459M. Order subject to conditions
   459N. Costs where company successful

		Division 4 -- Application for order to wind up company in insolvency

   459P. Who may apply for order under section 459A
   459Q. Application relying on failure to comply with statutory demand
   459R. Period within which application must be determined
   459S. Company may not oppose application on certain grounds
   459T. Application to wind up joint debtors in insolvency

	PART 5.4A -- WINDING UP BY THE COURT ON OTHER GROUNDS

   461.  General grounds on which company may be wound up by Court 
   462.  Standing to apply for winding up
   464.  Application for winding up in connection with investigation under ASC Law

	PART 5.4B -- WINDING UP IN INSOLVENCY OR BY THE COURT

		Division 1 -- General

   465A. Notice of application
   465B. Substitution of applicants
   465C. Applicant to be given notice of grounds for opposing application
   466.  Payment of preliminary costs etc.
   467.  Court's powers on hearing application
   467A. Effect of defect or irregularity on application under Part 5.4 or 5.4A.   
   467B. Court may order winding up of company that is being wound up voluntarily
   468.  Avoidance of dispositions of property, attachments etc.
   469.  Application to be lis pendens
   470.  Certain notices to be lodged

		Division 1A -- Effect of winding up order

   471.  Effect on creditors and contributories
   471A. Powers of other officers suspended during winding up
   471B. Stay of proceedings and suspension of enforcement process
   471C. Secured creditor's rights not affected

		Division 2 -- Court-appointed liquidators

   472.  Court to appoint official liquidator
   473.  General provisions about liquidators
   474.  Custody and vesting of company's property
   475.  Report as to company's affairs to be submitted to liquidator
   476.  Preliminary report by liquidator
   477.  Powers of liquidator
   478.  Application of property; list of contributories
   479.  Exercise and control of liquidator's powers
   480.  Release of liquidator and deregistration of company
   481.  Orders for release or deregistration

		Division 3 -- General powers of Court

   482.  Power to stay or terminate winding up
   483.  Delivery of property to liquidator
   484.  Appointment of special manager
   485.  Claims of creditors and distribution of property
   486.  Inspection of books by creditors and contributories
   486A. Court may make order to prevent officer or related entity from avoiding liability to company
   486B. Warrant to arrest person who is absconding, or who has dealt with property or books, in order to avoid obligations in connection with winding up
   487.  Power to arrest absconding contributory
   488.  Delegation to liquidator of certain powers of Court
   489.  Powers of Court cumulative

	PART 5.5 -- VOLUNTARY WINDING UP

		Division 1 -- Resolution for winding up

   490.  When company cannot wind up voluntarily
   491.  Circumstances in which company may be wound up voluntarily
   493.  Effect of voluntary winding up
   494.  Declaration of solvency

		Division 2 -- Members' voluntary winding up

   495.  Liquidators
   496.  Duty of liquidator where company turns out to be insolvent

		Division 3 -- Creditors' voluntary winding up

   497.  Meeting of creditors 
   498.  Power to adjourn meeting
   499.  Liquidators
   500.  Execution and civil proceedings

		Division 4 -- Voluntary winding up generally

   501.  Distribution of property of company
   502.  Appointment of liquidator
   503.  Removal of liquidator
   504.  Review of liquidator's remuneration
   505.  Acts of liquidator valid etc.
   506.  Powers and duties of liquidator
   507.  Power of liquidator to accept shares etc. as consideration for sale of property of company
   508.  Annual meeting of creditors
   509.  Final meeting and deregistration
   510.  Arrangement: when binding on creditors
   511.    Application to Court to have questions determined or powers exercised
   512.  Costs

	PART 5.6 -- WINDING UP GENERALLY

		Division 1 -- Preliminary

   513.  Application of Part

		Division 1A -- When winding up taken to begin

   513A. Winding up ordered by the Court 
   513B. Voluntary winding up
   513C. Section 513C day in relation to an administration under Part 5.3A
   513D. Validity of proceedings in earlier winding up 

		Division 2 -- Contributories

   514.  Where Division applies
   515.  General liability of contributory
   516.  Company limited by shares
   517.  Company limited by guarantee
   519.  Exceptions for former unlimited company
   520.  Past member: later debts
   521.  Person ceasing to be a member a year or more before winding up
   522.  Present members to contribute first
   523.  Past member of former unlimited company
   524.  Past member of former limited company
   526.  Liability on certain contracts
   527.  Nature of contributory's liability
   528.  Death of contributory
   529.  Bankruptcy of contributory

		Division 3 -- Liquidators

   530A. Officers to help liquidator
   530B. Liquidator's rights to company's books
   530C. Warrant to search for, and seize, company's property or books
   531.  Books to be kept by liquidator
   532.  Disqualification of liquidator 
   533.  Reports by liquidator
   534.  Prosecution by liquidator of delinquent officers and members
   535.  When liquidator has qualified privilege
   536.  Supervision of liquidators
   537.  Notice of appointment and address of liquidator
   538.  Regulations relating to money etc. received by liquidator
   539.  Liquidator's accounts
   540.  Liquidator to remedy defaults

		Division 4 -- General

   541.  Notification that company is in liquidation
   542.  Books of company
   543.  Investment of surplus funds on general account
   544.  Unclaimed money to be paid to Commission
   545.  Expenses of winding up where property insufficient
   546.  Resolutions passed at adjourned meetings of creditors and contributories
   547.  Meetings to ascertain wishes of creditors or contributories

		Division 5 -- Committees of inspection

   548.  Convening of meetings by liquidator for appointment of committee of inspection
   549.  Proceedings of committee of inspection
   550.  Vacancies on committee of inspection
   551.  Member of committee not to accept extra benefit
   552.  Powers of Court where no committee of inspection
   553.  Debts or claims that are provable in winding up 

		Division 6 -- Proof and ranking of claims

			Subdivision A -- Admission to proof of debts and claims

   553A. Member cannot prove debt unless contributions paid
   553AA.Selling shareholder cannot prove debt unless documents given
   553B. Insolvent companies—penalties and fines not generally provable
   553C. Insolvent companies—mutual credit and set-off
   553D. Debts or claims may be proved formally or informally
   553E. Application of Bankruptcy Act to winding up of insolvent company

			Subdivision B -- Computation of debts and claims

   554.  General rule—compute amount as at relevant date
   554A. Determination of value of debts and claims of uncertain value
   554B. Discounting of debts payable after relevant date
   554C. Conversion into Australian currency of foreign currency debts or claims

			Subdivision C -- Special provisions relating to secured creditors of insolvent companies

   554D. Application of Subdivision
   554E. Proof of debt by secured creditor
   554F. Redemption of security by liquidator
   554G. Amendment of valuation
   554H. Repayment of excess
   554J. Subsequent realisation of security

			Subdivision D -- Priorities

   555.  Debts and claims proved to rank equally except as otherwise provided
   556.  Priority payments
   558.  Debts due to employees
   559.  Debts of a class to rank equally
   560.  Advances for company to make priority payments in respect of employees
   561.  Priority of employees' claims over floating charges
   562.  Application of proceeds of contracts of insurance
   562A. Application of proceeds of contracts of reinsurance
   563.  Provisions relating to injury compensation
   563AA.Seller under a buy-back agreement
   563A. Member's debts to be postponed until other debts and claims satisfied
   563AAA.Redemption of debentures

			Subdivision E -- Miscellaneous

   563B. Interest on debts and claims from relevant date to date of payment
   563C. Debt subordination
   564.  Power of Court to make orders in favour of certain creditors

		Division 7 -- Effect on certain transactions

   565.  Undue preference
   566.  Effect of floating charge
   567.  Liquidator's right to recover in respect of certain transactions

		Division 7A -- Disclaimer of onerous property

   568.  Disclaimer by liquidator; application to Court by party to contract
   568A. Liquidator must give notice of disclaimer
   568B. Application to set aside disclaimer before it takes effect
   568C. When disclaimer takes effect
   568D. Effect of disclaimer
   568E. Application to set aside disclaimer after it has taken effect
   568F. Court may dispose of disclaimed property

		Division 7B -- Effect on enforcement process against company's property

   569.  Executions, attachments etc. before winding up
   570.  Duties of sheriff after receiving notice of application

		Division 9 -- Co-operation between Australian and foreign courts in external administration matters

   580.  Interpretation
   581.  Courts to act in aid of each other

	PART 5.7 -- WINDING UP BODIES OTHER THAN COMPANIES

   582.  Application of Part
   583.  Winding up Part 5.7 bodies 
   585.  Insolvency of Part 5.7 body
   586.  Contributories in winding up of Part 5.7 body
   587.  Power of Court to stay or restrain proceedings
   588.  Outstanding property of defunct registrable body

	PART 5.7A -- RECIPROCITY WITH OTHER JURISDICTIONS

		Division 1 -- Application of Part 5.3A to matters arising under corresponding laws

   588AA.Application in this jurisdiction
   588AB.Enforcement of orders

		Division 2 -- Winding up recognised companies

   588A. Enforcement of winding up orders made in other jurisdictions
   588B. Functions and powers in this jurisdiction of liquidators from other jurisdictions
   588C. Outstanding property of defunct recognised company

	PART 5.7B -- RECOVERING PROPERTY OR COMPENSATION FOR THE BENEFIT OF CREDITORS OF INSOLVENT COMPANY

		Division 1 -- Preliminary

   588D. Secured debt may become unsecured
   588E. Presumptions to be made in recovery proceedings 
   588F. Certain taxation liabilities taken to be debts

		Division 2 -- Voidable transactions

   588FA.Unfair preferences
   588FB.Uncommercial transactions
   588FC.Insolvent transactions
   588FD.Unfair loans to a company
   588FE.Voidable transactions
   588FF.Courts may make orders about voidable transactions
   588FG.Transaction not voidable as against certain persons
   588FGA.Directors to indemnify Commissioner of Taxation if certain payments set aside
   588FGB.Defences in proceedings under section 588FGA
   588FH.Liquidator may recover from related entity benefit resulting from insolvent transaction
   588FI.Creditor who gives up benefit of unfair preference may prove for preferred debt
   588FJ.Floating charge created within 6 months before relation-back day

		Division 3 -- Director's duty to prevent insolvent trading

   588G. Director's duty to prevent insolvent trading by company 
   588H. Defences 

		Division 4 -- Director liable to compensate company

			Subdivision A -- Proceedings against director

   588J. On application for civil penalty order, Court may order compensation
   588K. Criminal court may order compensation 
   588L. Enforcement of order under section 588J or 588K
   588M. Recovery of compensation for loss resulting from insolvent trading
   588N. Avoiding double recovery
   588P. Effect of sections 588J, 588K and 588M
   588Q. Certificates evidencing contravention 

			Subdivision B -- Proceedings by creditor

   588R. Creditor may sue for compensation with liquidator's consent
   588S. Creditor may give liquidator notice of intention to sue for compensation
   588T. When creditor may sue for compensation without liquidator's consent
   588U. Events preventing creditor from suing 

		Division 5 -- Liability of holding company for insolvent trading by subsidiary

   588V. When holding company liable
   588W. Recovery of compensation for loss resulting from insolvent trading
   588X. Defences

		Division 6 -- Application of compensation under Division 4 or 5

   588Y. Application of amount paid as compensation

		Division 7 -- Person managing a corporation while disqualified may become liable for corporation's debts

   588Z. Court may make order imposing liability 

	PART 5.8 -- OFFENCES

   589.  Interpretation and application 
   590.  Offences by officers of certain companies
   592.  Incurring of certain debts; fraudulent conduct
   593.  Powers of Court
   594.  Certain rights not affected
   595.  Inducement to be appointed liquidator etc. of company
   596.  Frauds by officers

	PART 5.8A -- EMPLOYEE ENTITLEMENTS

   596AA. Object and coverage of Part
   596AB. Entering into agreements or transactions to avoid employee entitlements
   596AC. Person who contravenes section 596AB liable to compensate for loss 
   596AD. Avoiding double recovery
   596AE. Effect of section 596AC
   596AF. Employee may sue for compensation with liquidator's consent
   596AG. Employee may give liquidator notice of intention to sue for compensation
   596AH. When employee may sue for compensation without liquidator's consent
   596AI. Events preventing employee from suing

	PART 5.9 -- MISCELLANEOUS

		Division 1 -- Examining a person about a corporation

   596A. Mandatory examination
   596B. Discretionary examination
   596C. Affidavit in support of application under section 596B
   596D. Content of summons
   596E. Notice of examination
   596F. Court may give directions about examination
   597.  Conduct of examination
   597A. When Court is to require affidavit about corporation's examinable affairs
   597B. Costs of unnecessary examination or affidavit

		Division 2 -- Orders against a person in relation to a corporation

   598.  Order against person concerned with corporation

		Division 3 -- Provisions applying to various kinds of external administration

   600A. Powers of Court where outcome of voting at creditors' meeting determined by related entity
   600B. Review by Court of resolution of creditors passed on casting vote of person presiding at meeting
   600C. Court's powers where proposed resolution of creditors lost as casting vote of person presiding at meeting
   600D. Interim order on application under section 600A, 600B or 600C
   600E. Order under section 600A or 600B does not affect act already done pursuant to resolution
   600F. Limitation on right of suppliers of essential services to insist on payment as condition of supply

		Division 4 -- Transitional

   601.  Winding up started before commencement of this Chapter 

CHAPTER 5A -- DEREGISTRATION OF COMPANIES

   601AA.Deregistration—voluntary
   601AB.Deregistration—ASIC initiated
   601AC.Deregistration—following amalgamation or winding up
   601AD.Effect of deregistration
   601AE.What ASIC does with the property
   601AF.ASIC's power to fulfil outstanding obligations of deregistered company
   601AG.Claims against insurers of deregistered company
   601AH.Reinstatement

CHAPTER 5B -- BODIES CORPORATE REGISTERED AS COMPANIES, AND REGISTRABLE BODIES

	PART 5B.1 -- REGISTERING A BODY CORPORATE AS A COMPANY

		Division 1 -- Registration

   601BA.Bodies corporate may be registered as certain types of companies
   601BB.Bodies registered as proprietary companies
   601BC.Applying for registration under this Part 
   601BD.ASIC gives body ACN, registers as company and issues certificate
   601BE.Registered office
   601BF.Name
   601BG.Constitution
   601BH.Modifications of constitution
   601BJ.ASIC may direct company to apply for Court approval for modifications of constitution
   601BK.Establishing registers and minute books
   601BL.Registration of registered bodies

		Division 2 -- Operation of the Corporations Law

   601BM.Effect of registration under this Part
   601BN.Liability of members on winding up
   601BP.Bearer shares
   601BQ.References in pre-registration contracts and other documents to par value in existing contracts and documents
   601BR.First AGM
   601BS.Modification by regulations

	PART 5B.2 -- REGISTRABLE BODIES

		Division 1 -- Registrable Australian bodies

   601CA.When a registrable Australian body may carry on business in this jurisdiction
   601CB.Application for registration
   601CC.Cessation of business etc.

		Division 2 -- Foreign companies

   601CD.When a foreign company may carry on business in this jurisdiction
   601CE.Application for registration 
   601CF.Appointment of local agent
   601CG.Local agent: how appointed
   601CH.Local agent: how removed
   601CJ.Liability of local agent
   601CK.Balance-sheets and other documents
   601CL.Cessation of business etc. 
   601CM.Register of members of foreign company
   601CN.Register kept under section 601CM
   601CP.Notifying Commission about register kept under section 601CM
   601CQ.Effect of right to acquire shares compulsorily 
   601CR.Index of members and inspection of registers
   601CS.Certificate as to shareholding

		Division 3 -- Bodies registered under this Part

   601CT.Registered office
   601CU.Certificate of registration
   601CV.Notice of certain changes
   601CW.Body's name etc. must be displayed at office and place of business
   601CX.Service of documents on registered body
   601CY.Power to hold land

		Division 4 -- Register of debenture holders for non-companies

   601CZA.Certain documents are debentures
   601CZB.Register of debenture holders to be maintained by non-companies
   601CZC.Location of register
   601CZD.Application of sections 173 to 177

	PART 5B.3 -- NAMES OF REGISTRABLE AUSTRALIAN BODIES AND FOREIGN COMPANIES

   601DA.Reserving a name
   601DB.Acceptable abbreviations
   601DC.When a name is available
   601DD.Registered Australian bodies and registered foreign companies can carry on business with some names only
   601DE.Using a name and ARBN
   601DF.Exception to requirement to have ARBN on receipts
   601DG.Regulations may exempt from requirement to set out information on documents
   601DH.Notice of name change must be given to ASIC
   601DJ.ASIC's power to direct a registered name be changed

CHAPTER 5C -- MANAGED INVESTMENT SCHEMES

	PART 5C.1 -- REGISTRATION OF MANAGED INVESTMENT SCHEMES

   601EA.Applying for registration
   601EB.Registration of managed investment scheme
   601EC.All documents etc. lodged with ASIC to bear ARSN
   601ED.When a managed investment scheme must be registered 
   601EE.Unregistered schemes may be wound up

	PART 5C.2 -- THE RESPONSIBLE ENTITY

		Division 1 -- Responsibilities and powers

   601FA.Responsible entity to be public company and hold dealers licence
   601FB.Responsible entity to operate scheme
   601FC.Duties of responsible entity
   601FD.Duties of officers of responsible entity
   601FE.Duties of employees of responsible entity
   601FF.Surveillance checks by ASIC
   601FG.Acquisition of interest in scheme by responsible entity
   601FH.Liquidator etc. of responsible entity entitled to exercise indemnity rights

		Division 2 -- Changing the responsible entity

   601FJ.Changes only take effect when ASIC alters record of registration
   601FK.Requirements of section 601FA must be met
   601FL.Retirement of responsible entity 
   601FM.Removal of responsible entity by members 
   601FN.ASIC or scheme member may apply to Court for appointment of temporary responsible entity
   601FP.Appointment of temporary responsible entity by Court
   601FQ.Temporary responsible entity to take steps for appointment of new responsible entity

		Division 3 -- Consequences of change of responsible entity

   601FR.Former responsible entity to hand over books and provide reasonable assistance
   601FS.Rights, obligations and liabilities of former responsible entity
   601FT.Effect of change of responsible entity on documents etc. to which former responsible entity is party

	PART 5C.3 -- THE CONSTITUTION

   601GA.Contents of the constitution
   601GB.Constitution must be legally enforceable
   601GC.Changing the constitution

	PART 5C.4 -- THE COMPLIANCE PLAN

   601HA.Contents of the compliance plan
   601HB.Compliance plan may incorporate provisions from another scheme's plan
   601HC.Directors must sign lodged copy of compliance plan
   601HD.ASIC may require further information about compliance plan
   601HE.Changing the compliance plan
   601HF.ASIC may require consolidation of compliance plan to be lodged [see Note 2]
   601HG.Audit of compliance plan
   601HH.Removal and resignation of auditors
   601HI.Action on change of auditor of compliance plan

	PART 5C.5 -- THE COMPLIANCE COMMITTEE

   601JA.When is a compliance committee required?
   601JB.Membership of compliance committee 
   601JC.Functions of compliance committee
   601JD.Duties of members
   601JE.Compliance committee members have qualified privilege in certain cases
   601JF.When can responsible entity indemnify compliance committee members?
   601JG.When can responsible entity pay insurance premiums for compliance committee members?
   601JH.Proceedings of compliance committee
   601JJ.Disclosure of interests

	PART 5C.6 -- MEMBERS' RIGHTS TO WITHDRAW FROM A SCHEME

   601KA.Members' rights to withdraw
   601KB.Non-liquid schemes—offers
   601KC.Non-liquid schemes—only one withdrawal offer to be open at any time
   601KD.Non-liquid schemes-how payments are to be made
   601KE.Non-liquid schemes-responsible entity may cancel withdrawal offer

	PART 5C.7 -- RELATED PARTY TRANSACTIONS

   601LA.Chapter 2E applies with modifications 
   601LB.Replacement section 207 Purpose
   601LC.Replacement section 208 Need for member approval for financial benefit
   601LD.Omission of sections 213, 214 and 224
   601LE.Modification of section 225

	PART 5C.8 -- EFFECT OF CONTRAVENTIONS (CIVIL LIABILITY AND VOIDABLE CONTRACTS)

   601MA.Civil liability of responsible entity to members
   601MB.Voidable contracts where subscription offers and invitations contravene this Law

	PART 5C.9 -- WINDING UP

   601NA.Winding up required by scheme's constitution
   601NB.Winding up at direction of members
   601NC.Winding up if scheme's purpose accomplished or cannot be accomplished
   601ND.Winding up ordered by Court
   601NE.The winding up of the scheme 
   601NF.Other orders about winding up
   601NG.Unclaimed money to be paid to ASIC

	PART 5C.10 -- DEREGISTRATION

   601PA.Deregistration-voluntary 
   601PB.Deregistration by ASIC
   601PC.Reinstatement

	PART 5C.11 -- EXEMPTIONS AND MODIFICATIONS

   601QA.ASIC's power to make exemption and modification orders
   601QB.Modification by regulations

CHAPTER 6 -- TAKEOVERS

   602.  Purposes of Chapter
   603.  Chapter extends to some listed bodies that are not companies
   604.  Chapter extends to listed managed investment schemes
   605.  Classes of securities

	PART 6.1 -- PROHIBITED ACQUISITIONS OF RELEVANT INTERESTS IN VOTING SHARES

   606.  Prohibition on certain acquisitions of relevant interests in voting shares
   607.  Effect on transactions
   608.  Relevant interests in securities
   609.  Situations not giving rise to relevant interests
   610.  Voting power in a body corporate

	PART 6.2 -- EXCEPTIONS TO THE PROHIBITION

   611.  Exceptions to the prohibition
   612.  Effect of non-compliance with takeover rules for exceptions 1 to 4
   613.  Bidder not to exercise voting rights if failure to send bids for off-market acquisition—exception 2 or 3
   615.  Treatment of foreign holders under equal access issue—exception 10

	PART 6.3 -- THE DIFFERENT TYPES OF TAKEOVER BID

   616.  Off-market bids and market bids

	PART 6.4 -- FORMULATING THE TAKEOVER OFFER

		Division 1 -- General

   617.    Securities covered by the bid
   618.    Offers must be for all or a proportion of securities in the bid class
   619.    General terms of the offer
   620.    Off-market bid (offer formalities)

		Division 2 -- Consideration for the offer

   621.    Consideration offered
   622.    Escalation agreements
   623.    Collateral benefits not allowed

		Division 3 -- The offer period

   624.    Offer period

		Division 4 -- Conditional offers

   625.    Conditional offers —general
   626.    Maximum acceptance conditions in off-market bids
   627.    Discriminatory conditions not allowed for off-market bids
   628.    Conditions requiring payments to officers of target not allowed in off-market bids
   629.    Conditions turning on bidder's or associate's opinion not allowed in off-market bids
   630.    Defeating conditions

	PART 6.5 -- THE TAKEOVER PROCEDURE

		Division 1 -- The overall procedure

   631.    Proposing or announcing a bid
   632.    Overview of steps in an off-market bid
   633.    Detailed steps in an off-market bid
   634.    Overview of steps in a market bid
   635.    Detailed steps in a market bid

		Division 2 -- The bidder's statement

   636.    Bidder's statement content
   637.    Bidder's statement formalities

		Division 3 -- The target's response

   638.    Target's statement content
   639.    Target's statement formalities
   640.    Expert's report to accompany target's statement if bidder connected with target
   641.    Target must inform bidder about securities holdings
   642.    Expenses of directors of target companies

		Division 4 -- Updating and correcting the bidder's statement and target's statement

   643.    Supplementary bidder's statement
   644.    Supplementary target's statement
   645.    Form of supplementary statement
   646.    Consequences of lodging a supplementary statement
   647.    To whom supplementary statement must be sent

		Division 5 -- General rules on takeover procedure

			Subdivision A -- Experts' reports

   648A.   Experts' reports
	
			Subdivision B -- Sending documents to holders of securities

   648B.   Address at which bidder may send documents to holders of securities
   648C.   Manner of sending documents to holders of securities

			Subdivision C -- Effect of proportional takeover approval provisions

   648D.   Constitution may contain proportional takeover approval provisions
   648E.   Resolution to be put if proportional bid made
   648F.   Effect of rejection of approval resolution
   648G.   Including proportional takeover provisions in constitution
   648H.   Effect of Subdivision

	PART 6.6 -- VARIATION OF OFFERS

		Division 1 -- Market bids

   649A.   General
   649B.   Market bids—raising bid price
   649C.   Market bids—extending the offer period

		Division 2 -- Off-market bids (express variation by bidder)

   650A.   General
   650B.   Off-market bids—consideration offered
   650C.   Off-market bids—extension of offer period
   650D.   Off-market bids—method of making variation
   650E.   Right to withdraw acceptance
   650F.   Freeing off-market bids from defeating conditions
   650G.   Contracts and acceptances void if defeating condition not fulfilled

		Division 3 -- Off-market bids (automatic variations)

   651A.   Off-market bid—effect on bid consideration of purchases made outside bid
   651B.   How to make an election for new forms of consideration
   651C.   Returning securities as part of election

	PART 6.7 -- WITHDRAWAL AND SUSPENSION OF OFFERS

   652A.   Withdrawal of unaccepted offers under takeover bid
   652B.   Withdrawal of takeover offers with ASIC consent
   652C.   Withdrawal of market bids

	PART 6.8 -- ACCEPTANCES

   653A.   Acceptance of offers made under off-market bid
   653B.   Acceptances by transferees and nominees of offers made under off-market bid

	PART 6.9 -- OTHER ACTIVITIES DURING THE BID PERIOD

   654A.   Bidder not to dispose of securities during the bid period
   654B.   Disclosures about substantial shareholdings in listed companies
   654C.   Disclosures about substantial shareholdings in unlisted companies

	PART 6.10 -- REVIEW AND INTERVENTION

		Division 1 -- ASIC's power to exempt and modify

   655A.   ASIC's power to exempt and modify
   655B.   Notice of decision and review rights

		Division 2 -- The Corporations and Securities Panel

			Subdivision A -- Review of ASIC's exercise of its exemption or modification powers

   656A.   Review of exercise of exemption or modification powers
   656B.   Operation and implementation of a decision that is subject to review

			Subdivision B -- Unacceptable circumstances

   657A.   Declaration of unacceptable circumstances
   657B.   When Panel may make declaration
   657C.   Applying for declarations and orders
   657D.   Orders that Panel may make following declaration
   657E.   Interim orders
   657EA.  Internal Panel reviews
   657EB.  References by Courts
   657F.   Offence to contravene Panel order
   657G.   Orders by the Court where contravention or proposed contravention of Panel order
   657H.   ASIC may publish report about application to Panel or Court

			Subdivision C -- General provisions

   658A.   Power of Panel where a proceeding is frivolous or vexatious
   658B.   Evidentiary value of findings of fact by Panel
   658C.   Panel's power to make rules
   658D.   Inconsistency between Panel and ASIC exemptions or modifications

		Division 3 -- Court powers

   659A.   Panel may refer questions of law to the Court
   659AA.  Object of sections 659B and 659C
   659B.   Court proceedings before end of bid period
   659C.   Court proceedings after end of bid period

CHAPTER 6A -- COMPULSORY ACQUISITIONS AND BUY-OUTS

   660A.   Chapter extends to some listed bodies that are not companies
   660B.   Chapter extends to listed managed investment schemes

	PART 6A.1 -- COMPULSORY ACQUISITIONS AND BUY-OUTS FOLLOWING TAKEOVER BID

		Division 1 -- Compulsory acquisition of bid class securities

   661A.   Compulsory acquisition power following takeover bid
   661B.   Compulsory acquisition notice
   661C.   Terms on which securities to be acquired
   661D.   Holder may obtain names and addresses of other holders
   661E.   Holder may apply to Court to stop acquisition
   661F.   Signpost—completing the acquisition of the securities

		Division 2 -- Compulsory buy-out of bid class securities

   662A.   Bidder must offer to buy out remaining holders of bid class securities
   662B.   Bidder to tell remaining holders of their right to be bought out
   662C.   Right of remaining holder of securities in the bid class to be bought out

		Division 3 -- Compulsory buy-out of convertible securities

   663A.   Bidder must offer to buy out holders of convertible securities
   663B.   Bidder to tell holders of convertible securities of their right to be bought out
   663C.   Right of holders of convertible securities to be bought out

	PART 6A.2 -- GENERAL COMPULSORY ACQUISITIONS AND BUY-OUTS

		Division 1 -- Compulsory acquisition of securities by 90% holder

   664A.   Threshold for general compulsory acquisition power
   664AA.  Time limit on exercising compulsory acquisition power
   664B.   The terms for compulsory acquisition
   664C.   Compulsory acquisition notice
   664D.   Benefits outside compulsory acquisition procedure
   664E.   Holder's right to object to the acquisition
   664F.   The Court's power to approve acquisition
   664G.   Signpost—completing the acquisition of the securities

		Division 2 -- Compulsory buy-out of convertible securities by 100% holder

   665A.   100% holder must offer to buy out holders of convertible securities
   665B.   100% holder to tell holders of convertible securities of their right to be bought out
   665C.   Right of holders of convertible securities to be bought out

		Division 3 -- Notice that person has become 85% holder of a class of securities

   665D.   Notice by 85% holder to company
   665E.   Notice by company to other members

	PART 6A.3 -- COMPLETION OF COMPULSORY ACQUISITION OF SECURITIES

   666A.   Completing the acquisition of securities
   666B.   Statutory procedure for completion

	PART 6A.4 -- EXPERTS' REPORTS AND VALUATIONS

   667A.   Expert's report
   667AA.  Expert to be nominated
   667B.   Expert must not be an associate and must disclose prior dealings and relationships
   667C.   Valuation of securities

	PART 6A.5 -- RECORDS OF UNCLAIMED CONSIDERATION

   668A.   Company's power to deal with unclaimed consideration for compulsory acquisition  
   668B.   Unclaimed consideration to be transferred to ASIC

	PART 6A.6 -- ASIC POWERS

   669.    ASIC's power to exempt and modify Chapter 6 and 6A matters

CHAPTER 6B -- RIGHTS AND LIABILITIES IN RELATION TO CHAPTER 6 AND 6A MATTERS

   670A.   Misstatements in, or omissions from, takeover and compulsory acquisition and buy-out documents
   670B.   Right to recover for loss or damage resulting from contravention
   670C.   People liable on takeover or compulsory acquisition statement to inform maker about deficiencies in the statement
   670D.   Defences against prosecutions under subsection 670A(3) and actions under section 670B
   670E.   Liability for proposing a bid or not carrying through with bid
   670F.   Defences

CHAPTER 6C -- INFORMATION ABOUT OWNERSHIP OF LISTED COMPANIES AND MANAGED INVESTMENT SCHEMES

   671A.   Chapter extends to some listed bodies that are not companies

	PART 6C.1 -- SUBSTANTIAL HOLDING INFORMATION

   671B.   Information about substantial holdings must be given to company, responsible entity and relevant securities exchange
   671C.   Civil liability

	PART 6C.2 -- TRACING BENEFICIAL OWNERSHIP OF SHARES

   672A.   Disclosure notices
   672B.   Disclosure by member of relevant interests and instructions
   672C.   ASIC may pass information on to person who made request
   672D.   Fee for complying with a direction given by a company or scheme under this Part
   672E.   No notice of rights
   672F.   Civil liability

	PART 6C.3 -- ASIC POWERS

   673.    ASIC's power to exempt and modify

CHAPTER 6D -- FUNDRAISING

	PART 6D.1 -- APPLICATION OF THE FUNDRAISING PROVISIONS

   700.    Coverage of the fundraising rules
   701.    Treatment of offers of interests in managed investment scheme
   702.    Treatment of offers of options over securities
   703.    Chapter may not be contracted out of

	PART 6D.2 -- DISCLOSURE TO INVESTORS ABOUT SECURITIES

		Division 1 -- Overview

   704.    When disclosure to investors is needed
   705.    Types of disclosure document

		Division 2 -- Offers that need disclosure to investors

   706.    Issue offers that need disclosure
   707.    Sale offers that need disclosure
   708.    Offers that do not need disclosure

		Division 3 -- Types of disclosure documents

   709.    Prospectuses, short-form prospectuses, profile statements and offer information statements

		Division 4 -- Disclosure requirements

   710.    Prospectus content—general disclosure test
   711.    Prospectus content—specific disclosures
   712.    Prospectus content—short form prospectuses 
   713.    Special prospectus content rules for continuously quoted securities
   714.    Contents of profile statement
   715.    Contents of offer information statement 
   716.    Disclosure document date and consents 

		Division 5 -- Procedure for offering securities
   717.    Overview of procedure for offering securities
   718.    Lodging of disclosure document
   719.    Lodging supplementary or replacement document
   720.    Consents needed for lodgment
   721.    Offer must be made in, or accompanied by, the disclosure document
   722.    Application money to be held on trust
   723.    Issuing or transferring the securities under a disclosure document
   724.    Choices open to person making the offer if disclosure document condition not met or disclosure document defective
   725.    Expiration of disclosure document

	PART 6D.3 -- PROHIBITIONS, LIABILITIES AND REMEDIES

		Division 1 -- Prohibitions and liabilities

   726.    Offering securities in a body that does not exist
   727.    Offering securities without a current disclosure document
   728.    Misstatement in, or omission from, disclosure document
   729.    Right to recover for loss or damage resulting from contravention
   730.    People liable on disclosure document to inform person making the offer about deficiencies in the disclosure document
   731.    Due diligence defence for prospectuses
   732.    Lack of knowledge defence for offer information statements and profile statements
   733.    General defences for all disclosure documents
   734.    Restrictions on advertising and publicity
   735.    Obligation to keep consents and other documents
   736.    Securities hawking prohibited

		Division 2 -- Remedies

   737.    Remedies for investors
   738.    Securities may be returned and refund obtained

	PART 6D.4 -- ASIC'S POWERS

   739.    ASIC stop orders
   740.    Anti-avoidance determinations
   741.    ASIC's power to exempt and modify

CHAPTER 7 -- SECURITIES

	PART 7.1 -- INTERPRETATION

   760.    Effect of this Part
   761.    Definitions
   762.    Conduct
   763.    Odd lot
   764.    References to doing acts
   765.    Misleading representation 
   766.    Trading in securities

	PART 7.1A -- THE AUSTRALIAN STOCK EXCHANGE LIMITED

		Division 1 -- Change of company type

   766A.   Exchange may change its type under this Division
   766B.   Applying for change of type
   766C.   Change of type
   766D.   Effect of change of type

		Division 2 -- Limitations on holding shares in the Exchange

   766E.   Unacceptable ownership situation
   766F.   Causing an unacceptable ownership situation
   766G.   Exchange's obligation to avoid unacceptable ownership situation
   766H.   Remedial orders
   766I.   This Division extends to things outside Australia etc.

	PART 7.2 -- SECURITIES EXCHANGES AND STOCK MARKETS

   767.    Conducting unauthorised stock markets
   769.    Approval of stock exchange
   769A.   Ongoing requirements to be observed by securities exchange
   769B.   Minister's directions to comply with ongoing requirements
   769C.   Annual report by securities exchange about compliance with ongoing requirements
   769D.   Special report by securities exchange about compliance with ongoing requirements
   770.    Approval of approved securities organisation
   770A.   Approval of special stock markets for unquoted prescribed interests
   770B.   Section 770A stock markets—separate markets exist in relation to different kinds of prescribed interests
   770C.   Section 770A stock markets—regulations may make additional provision
   771.    Exempt stock market
   772.    Publication of instruments executed under section 769, 770, 770A or 771
   772A.   Business rules bind securities exchange and its members
   772B.   Self-listing by securities exchanges
   773.    Auction, by licensed auctioneer, of forfeited shares
   774.    Commission to be notified of amendments to rules
   775.    Power of Commission to prohibit trading in particular securities
   776.    Securities exchanges to provide assistance to Commission
   777.    Power of Court to order compliance with or enforcement of business rules or listing rules of securities exchange
   778.    Gaming and wagering laws not applicable to certain contracts and relevant agreements
   779.    Qualified privilege

	PART 7.2A -- THE SECURITIES CLEARING HOUSE

   779A.   Interpretation
   779B.   Approval of securities clearing house
   779C.   Commission to be notified of amendments of business rules
   779D.   Securities clearing house to assist Commission
   779E.   Securities clearing house to notify Commission of disciplinary action
   779F.   SCH business rules have effect as contract
   779G.   Power of Court to order compliance with provisions of SCH business rules
   779H.   Qualified privilege in respect of disciplinary proceedings
   779J.   Provision of settlement facilities not a securities business etc.

	PART 7.3 -- PARTICIPANTS IN THE SECURITIES INDUSTRY

		Division 1 -- Dealers, investment advisers and operators of managed investment schemes

   780.    Dealers
   781.    Investment advisers
   782.    Application for a licence
   783.    Grant of licence to natural person
   784.    Grant of licence to body corporate
   785.    Effect of certain provisions
   786.    Conditions of licence
   786A.   Security given under previous law
   787.    Licensee to notify breach of licence condition
   788.    Giving information and statements to Commission
   789.    Register of Licence Holders
   790.    Notifying change in particulars
   791.    Annual statement of licensee
   792.    Time for lodging annual statement
   793.    Commission may extend period for lodging statement

		Division 2 -- Agreements with unlicensed persons

			Subdivision A -- Agreements affected

   794.    Certain persons not clients
   795.    Agreements with unlicensed persons

			Subdivision B -- Effect on agreements

   798.    Client may give notice of rescission
   799.    Effect of notice under section 798
   799A.   Client may apply to Court for partial rescission
   800.    Court may make consequential orders
   801.    Agreement unenforceable against client
   802.    Non-licensee not entitled to recover commission
   803.    Onus of establishing non-application of section 801 or 802
   804.    Client may recover commission paid to non-licensee
   805.    Remedies under this Division additional to other remedies

		Division 3 -- Representatives

   806.    Representatives of dealers
   807.    Representatives of investment advisers
   808.    Defence
   809.    Body corporate not to act as representative
   810.    Licensee to keep register of holders of proper authorities
   811.    Licensee to notify Commission of location and contents of register
   812.    Inspection and copying of register
   813.    Disclosure to non-dealer
   814.    Commission may require production of authority
   815.    Commission may give licensee information about representative
   816.    Holder of authority may be required to return it

		Division 4 -- Liability of principals for representatives' conduct

   817.    Conduct engaged in as a representative
   818.    Liability where identity of principal unknown
   819.    Liability of principals where act done in reliance on representative's conduct
   820.    Presumptions about certain matters
   821.    No contracting out of liability for representative's conduct
   822.    Effect of Division

		Division 5 -- Excluding persons from the securities industry

   824.    Power to revoke, without a hearing, licence held by natural person
   825.    Power to revoke, without a hearing, licence held by body corporate
   825A.   Power to revoke responsible entity's licence without a hearing
   826.    Power to revoke licence after a hearing
   827.    Power to suspend licence instead of revoking it
   828.    Power to make banning order where licence revoked or suspended
   829.    Power to make banning order against unlicensed person
   830.    Nature of banning order
   831.    Exceptions to banning order
   832.    Variation or revocation of banning order on application
   833.    Revocation of banning order in certain cases
   834.    Effect and publication of orders under this Division
   835.    Contravention of banning order
   836.    Banned person ineligible for licence
   837.    Opportunity for hearing
   838.    Disqualification by the Court
   839.    Effect of orders under section 838
   840.    Effect of previous orders under laws corresponding to section 838

	PART 7.4 -- CONDUCT OF SECURITIES BUSINESS

		Division 1 -- Regulation of certain activities

   841.    Certain representations prohibited
   842.    Issue of contract notes
   843.    Dealings and transactions on a dealer's own account
   844.    Dealer to give priority to clients' orders
   845.    Dealings by employees of holders of licences

		Division 2 -- Short selling of securities

   846.    Short selling
   847.    Power of Commission to prohibit short selling in certain cases

		Division 3 -- Recommendations about securities

   848.    Recommendation made by partner or officer
   849.    Client to be told if adviser's interests may influence recommendation
   850.    Defences to alleged breach of subsection 849(2)
   851.    Adviser must have reasonable basis for recommendation
   852.    Adviser who breaches this Division liable to compensate client
   853.    Qualified privilege for adviser when complying with this Division

	PART 7.5 -- DEALERS' FINANCIAL STATEMENTS AND AUDIT

   854.    Interpretation
   855.    Application of Part
   856.    Dealers' financial records
   857.    Appointment of auditor by dealer 
   858.    Removal and resignation of auditors
   859.    Fees and expenses of auditors
   860.    Dealer's accounts
   861.    Auditor to report to Commission on certain matters
   862.    Securities exchange to report to Commission on certain matters
   863.    Qualified privilege for auditor
   864.    Securities exchange may impose additional obligations on members

	PART 7.6 -- MONEY AND SCRIP OF DEALERS' CLIENTS

   865.    Interpretation
   865A.   Application of Part
   866.    Dealer to keep trust account
   867.    What is to be paid into dealer's trust account
   868.    When money to be paid into trust account
   869.    Withdrawals from trust account
   870.    Withdrawal against uncleared cheque
   871.    Trust money not available in respect of dealer's own debts
   872.    Money lent to dealer
   873.    Scrip in dealer's custody
   874.    Court may freeze certain bank accounts of dealers and former dealers
   875.    Interim order freezing bank accounts
   876.    Duty of banker to make full disclosure
   877.    Further orders and directions
   878.    Power of Court to make order relating to payment of money

	PART 7.7 -- REGISTERS OF INTERESTS IN SECURITIES

   879.    Interpretation 
   880.    Application of Part
   881.    Register to be maintained 
   882.    Commission to be notified of certain matters on establishment of Register
   883.    Commission to be notified of changes in certain matters
   884.    Defences
   885.    Power of Commission to require production of Register
   886.    Power of Commission to require certain information
   887.    Power of Commission to supply copy of Register

	PART 7.8 -- DEPOSITS WITH STOCK EXCHANGES

   888.    Interpretation
   889.    Deposits to be lodged by member organisations
   890.    Deposit to be proportion of trust account balance
   891.    Deposits to be invested by stock exchange
   892.    Accounts in respect of deposits
   893.    Claims not affected by this Part

	PART 7.9 -- FIDELITY FUNDS

   894.    Interpretation
   895.    Fidelity funds
   896.    Money constituting fidelity fund
   897.    Fund to be kept in separate ADI account
   898.    Payments out of fund
   899.    Payment to the credit of the fidelity fund of a futures exchange or futures association
   900.    Accounts of fund
   901.    Management sub-committee
   902.    Contributions to fund
   903.    Provisions where fund exceeds $2,000,000
   904.    Levy in addition to annual contributions
   905.    Power of securities exchange to make advances to fund
   906.    Investment of fund
   907.    Application of fund
   908.    Claims against the fund
   909.    Rights of innocent partner in relation to fund
   910.    Notice calling for claims against fund
   911.    Power of board to settle claims
   912.    Form of order of Court establishing claim
   913.    Power of securities exchange to require production of securities
   914.    Subrogation of securities exchange to rights etc. of claimant on payment from fund
   915.    Payment of claims only from fund
   916.    Provision where fund insufficient to meet claims or where claims exceed total amount payable
   917.    Power of securities exchange to enter into contracts of insurance or indemnity
   918.    Application of insurance money
   919.    Contribution or levy not payable unless imposed by an Act

	PART 7.10 -- THE NATIONAL GUARANTEE FUND

		Division 1 -- Interpretation

   920.    Interpretation
   921.    Excluded persons
   922.    Becoming insolvent
   923.    Permitted investments
   924.    Transfer of securities etc. and payment of money
   924A.   Novation of agreements
   924B.   Attributing securities and payments to transactions
   926.    Functions and powers
   927.    Management sub-committee
   927A.   Sub-delegation by management sub-committee
   928.    Commission to be notified of amendments to business rules

		Division 3 -- The National Guarantee Fund

   928A.   Interpretation—borrowing
   929.    SEGC to keep Fund
   930.    Property constituting Fund
   930A.   Power to borrow etc. for purposes of the Fund
   930B.   Money borrowed and paid to SEGC
   930C.   Money borrowed and not paid to SEGC
   931.    Fund to be kept in separate ADI account
   932.    Payments out of Fund
   933.    Accounts of Fund
   934.    Investment of Fund
   935.    Interest and profits from investment of Fund
   936.    Minimum amount of Fund

		Division 4 -- Levies where Fund less than minimum amount

   937.    Definition
   938.    Levy on transactions
   939.    Revocation of levy on transactions
   940.    Levy on participating exchanges
   941.    Levy by participating exchange on members or member organisations
   942.    Levy not payable unless imposed by an Act

		Division 5 -- Securities industry development accounts

   943.    Interpretation
   944.    Payments where Fund exceeds minimum amount
   945.    Payments into and out of development account
   946.    Investment
   947.    Accounts

		Division 6 -- Contract guarantees

   948.    Definitions
   948A.   Effect of using a transfer delivery service
   949.    Claim by selling dealer in respect of default by buying dealer
   950.    Claim by buying dealer in respect of default by selling dealer
   950A.   Effect of novation, under business rules, of agreement for purchase
   951.    Claim by selling client in respect of default by selling dealer
   952.    Claim by buying client in respect of default by buying dealer
   952A.   Cash settlement of claims—SCH-regulated transfers
   953.    Cash settlement of claims—transfers other than SCH-regulated transfers
   954.    Making of claims

		Division 6A -- Securities loans guarantees

   954A.   Interpretation—general definitions 
   954B.   Interpretation—guaranteed securities loan and related concepts
   954C.   Effect of using a transfer delivery service
   954D.   Claim by lender in respect of borrower's failure to discharge obligation
   954E.   Effect of novation, under business rules, of guaranteed securities loan
   954F.   How and when claim to be made
   954G.   How claim in respect of securities or non-money security benefits is to be satisfied
   954H.   How claim in respect of an amount of money is to be satisfied
   954J.   Nexus with this jurisdiction
   954K.   Preventing double recovery

		Division 6B -- Claims in respect of net obligations

   954L.   Interpretation
   954M.   Effect of using a transfer delivery service
   954N.   Claim in respect of failure to pay net amount in respect of transactions
   954P.   Claim in respect of failure to transfer net number of securities in respect of transactions
   954Q.   How and when claim to be made
   954R.   How claim under subsection 954N(1) is to be satisfied
   954S.   How claim under subsection 954P(2) is to be satisfied
   954T.   How claim under subsection 954P(3) is to be satisfied
   954U.   Nexus with this jurisdiction
   954V.   Preventing double recovery

		Division 6C -- Transfer delivery service guarantees

   954W.   Interpretation
   954X.   Claims in respect of default by TDS nominee
   954Y.   How and when claim to be made
   954Z.   How claim under subsection 954X(2) is to be satisfied
   954ZA.  How claim under subsection 954X(3) is to be satisfied
   954ZB.  Nexus with this jurisdiction
   954ZC.  Preventing double recovery

		Division 7 -- Unauthorised transfer

   955.    Interpretation
   955A.   Extended application of Division to non-marketable securities
   956.    Situations to which Division applies
   957.    Claim by transferor
   958.    Claim by transferee or sub-transferee
   959.    How and when claim may be made
   960.    How claim is to be satisfied
   961.    Discretionary further compensation to transferor
   961A.   Nexus between dealer and this jurisdiction
   961B.   Preventing double recovery

		Division 7A -- Contraventions of SCH certificate cancellation provisions

   961C.   Interpretation
   961D.   Claim in respect of contravention of SCH certificate cancellation provisions
   961E.   How and when claim may be made
   961F.   How claim is to be satisfied
   961G.   Discretionary further compensation
   961H.   Preventing double recovery

		Division 8 -- Claims in respect of insolvent members

   962.    Interpretation
   963.    Claim in respect of property entrusted to, or received by, dealer before dealer became insolvent
   964.    Cash settlement of claims where property unobtainable
   965.    Ordering of alternative claims and prevention of double recovery
   966.    No claim in respect of money lent to dealer
   966A.   No claim unless nexus between dealer and this jurisdiction
   967.    No claim in certain other cases
   968.    Limits of compensation
   969.    Making of claims

		Division 9 -- General provisions relating to claims

   970.    Power of SEGC to allow and settle claim
   970A.   Claimant may be required to exercise right of set-off
   970B.   Effect of set-off on claim
   971.    Successful claimant entitled to costs and disbursements
   972.    Interest
   972A.   Discretion to pay amounts not received etc. because of failure to transfer securities
   973.    Application of Fund in respect of certain claims
   974.    Allowing of claim not to constitute admission
   975.    SEGC to notify claimant where claim disallowed
   976.    Proceedings in the Court
   977.    Arbitration of amount of cash settlement of certain claims
   978.    Form of order of Court establishing claim
   979.    Power of Board to require production of securities etc.
   980.    Subrogation of SEGC to claimant's rights etc.
   981.    Payment of claims only from Fund
   982.    SEGC may enter into contracts of insurance or indemnity
   983.    Instalment payments
   983A.   Power of Commission to modify effect of claims Divisions

		Division 10 -- Transitional

   984.    Definitions
   985.    Assets and liabilities of joining exchange's fidelity fund
   986.    Final accounts in respect of joining exchange's fidelity fund
   987.    Application of liability provisions in relation to transferred claims
   988.    Claims under corresponding previous law
   989.    Expenses incurred under corresponding previous law
   990.    Money payable under corresponding previous law
   991.    Contracts made under corresponding previous law
   992.    Periods prescribed by business rules of exchange for purposes of corresponding previous law
   993.    Court proceedings and orders

	PART 7.11 -- CONDUCT IN RELATION TO SECURITIES

		Division 2 -- Prohibited conduct

   995.    Misleading or deceptive conduct 
   995A.   Application of State Fair Trading Act provisions
   997.    Stock market manipulation
   998.    False trading and market rigging transactions
   999.    False or misleading statements in relation to securities
   1000.   Fraudulently inducing persons to deal in securities
   1001.   Dissemination of information about illegal transactions 

		Division 2A -- Insider trading

   1001A.  Continuous disclosure—listed disclosing entities
   1001B.  Continuous disclosure—unlisted disclosing entities
   1001C.  Sections 1001A and 1001B—when information is generally available
   1001D.  Sections 1001A and 1001B—material effect on price or value
   1002.   Application of Division
   1002A.  Securities
   1002B.  Information generally available
   1002C.  Material effect on price or value of securities
   1002D.  Trading, and procuring trading, in securities
   1002E.  Information in possession of officer of body corporate
   1002F.  Information in possession of partner or employee of partnership
   1002G.  Prohibited conduct by person in possession of inside information
   1002H.  Exception for withdrawal from registered scheme
   1002J.  Exception for underwriters
   1002K.  Exception for purchase pursuant to legal requirement
   1002L.  Exception for information communicated pursuant to a legal requirement
   1002M.  Chinese wall arrangements by bodies corporate
   1002N.  Chinese wall arrangements by partnerships etc.
   1002P.  Exception for knowledge of person's own intentions or activities
   1002Q.  Exception for bodies corporate
   1002R.  Exception for officers or agents of body corporate
   1002S.  Transactions by holder of dealers licence or a representative of the holder of such a licence
   1002T.  Prosecutions and defences
   1002U.  Powers of court

		Division 4 -- Civil liability

			Subdivision A -- General

   1005.   Civil liability for contravention of this Part 

			Subdivision C -- Liability in respect of unlawful market activity

   1013.   Liability for insider trading
   1014.   Liability for other unlawful market activity
   1015.   Amount recoverable 

	PART 7.13 -- TITLE TO, AND TRANSFER OF, SECURITIES

		Division 1 -- Title to securities

   1085. Nature of shares and other interests
   1086. Numbering shares
   1087. Certificate to be evidence of title
   1089. Loss or destruction of certificates

		Division 2 -- Transfer of securities

   1090. Definition
   1091. Instrument of transfer
   1091AA.Transmission of shares on death (replaceable rule—see section 135)
   1091AB.Transmission of shares on bankruptcy (replaceable rule—see section 135)
   1091A.Rights of trustee of estate of bankrupt shareholder
   1091B.Transmission of shares on mental incapacity (replaceable rule—see section 135)
   1091C.Trustee etc. may be registered as owner of shares
   1091D.Registration of transfers (replaceable rule—see section 135)
   1091E.Additional general discretion for directors of proprietary companies to refuse to register transfers (replaceable rule—see section 135)
   1092. Registration of transfer at request of transferor
   1093. Notice of refusal to register transfer
   1094. Remedy for refusal to register transfer or transmission
   1095. Certification of transfers
   1096. Duties of company with respect to issue of certificates
   1096A.Notices relating to non-beneficial and beneficial ownership of shares

		Division 3 -- Transfer of marketable securities and marketable rights

			Subdivision A -- Interpretation

   1097. Interpretation
   1097A.Quoted securities and rights
   1097B.SCH business rules may extend meaning of quoted securities or quoted rights
   1097C.Commission may declare Law applies to securities as if they were quoted securities or rights
   1097D.Transfer that substantially complies with SCH business rules
   1098. Document duly completed in accordance with a particular form
   1099. Stamping of documents

			Subdivision B -- Sufficient transfers (transfers other than SCH-regulated transfers)

   1099A.Subdivision does not apply to SCH-regulated transfers
   1100. Sufficient transfers
   1101. What is a sufficient transfer of marketable securities or marketable rights: generally
   1102. What is a sufficient transfer by an authorised trustee corporation
   1103. Transferee's execution of transfer of marketable securities
   1104. Transferee's execution of transfer of marketable rights
   1105. Effect where document purports to bear transferor's broker's stamp
   1106. Warranties by securities exchange where document purports to bear its stamp
   1107. Indemnities by securities exchange and broker where documents purport to bear their stamps
   1108. Joint and several warranties and liabilities
   1108A.Marketable securities and rights from other jurisdictions: effect of sections 1105 to 1108
   1109. Registration of certain instruments

			Subdivision C -- SCH-regulated transfers

   1109A.Member organisation's authority to enter into transaction continues despite client's death
   1109B.Authority to enter into transaction gives authority to transfer
   1109C.Effect of proper SCH transfer
   1109D.Effect of proper SCH transfer on transferee
   1109E.Warranties by member organisation whose identification code is included in transfer document
   1109F.Indemnities in respect of warranted matters
   1109G.Joint and several warranties and liabilities
   1109H.Quoted securities and rights from other jurisdictions: effect of sections 1109E, 1109F and 1109G
   1109J.Securities clearing house entitled to assume its business rules complied with
   1109K.SCH-regulated transfer not to be registered unless proper SCH transfer
   1109L.Issuing body not to refuse to register proper SCH transfer
   1109M.Trustees and legal representatives may be SCH participants etc.
   1109N.Determination of who holds quoted securities for the purposes of a meeting
   1109P.Determination of who holds quoted securities for the purposes of conferring security benefits

			Subdivision D -- Miscellaneous

   1110. Operation of Division
   1111. Occupation need not appear in transfer document, register etc.
   1112. Offences: stamping of broker's stamp on sufficient transfer
   1112A.Offences: inclusion of identification codes in proper SCH transfers
   1112B.Offences: contravention by broker of the SCH certificate cancellation provisions relating to use of cancellation stamps
   1112C.Civil liability: contravention by broker of the SCH certificate cancellation provisions
   1112D.Issuer protected from civil liability for broker's contravention of SCH certificate cancellation provisions
	
		Division 4 -- Exemptions and modifications

   1113. General powers of Commission
   1113A.Power of Commission to extend application of Division 3

	PART 7.14 -- MISCELLANEOUS

   1114. Power of Court to make certain orders
   1115. Restrictions on use of titles "stockbroker", "sharebroker" and "stock exchange"
   1116. Preservation and disposal of records etc.
   1117. Concealing etc. of books relating to securities
   1118. Falsification of records
   1119. Precautions against falsification of records

CHAPTER 8 -- THE FUTURES INDUSTRY

	PART 8.1 -- INTERPRETATION

   1120. Business rules: futures association
   1121. Business rules: clearing house
   1122. Business rules: futures exchange

	PART 8.2 -- FUTURES EXCHANGES, CLEARING HOUSES AND FUTURES ASSOCIATIONS

		Division 1 -- Futures exchanges and exempt futures markets

   1123. Conducting unauthorised futures markets
   1126. Approval of futures exchange
   1127. Exempt futures market

		Division 2 -- Clearing houses

   1128. When a person may provide clearing house facilities
   1131. Approval of clearing house

		Division 3 -- Futures associations

   1132. Approval of futures association
   1133. Suspension or cancellation of approval

		Division 4 -- General

   1134. Publication of certain instruments
   1135. Appeal to the Court against certain decisions of futures exchanges and futures associations
   1136. Commission to be notified of amendments of business rules
   1137. Orderly markets in futures contracts—functions and powers of futures exchanges and clearing houses
   1138. Orderly markets in futures contracts—powers of Commission
   1139. Futures exchanges and others to assist Commission
   1140. Power of Court to order observance or enforcement of business rules of futures exchange, clearing house or futures association
   1141. Gaming and wagering laws not applicable to certain futures contracts and Chapter 8 agreements
   1141A.Qualified privilege in respect of disciplinary proceedings

	PART 8.3 -- PARTICIPANTS IN THE FUTURES INDUSTRY

		Division 1 -- Futures brokers and futures advisers

   1142. Futures brokers
   1143. Futures advisers
   1144. Application for a licence
   1144A.Grant of licence to natural person
   1145. Grant of licence to body corporate
   1145A.Effect of certain provisions
   1146. Licences under corresponding previous laws
   1147. Conditions of licence: general
   1148. Conditions of futures brokers licence: membership of futures organisation
   1149. Conditions of futures brokers licence: assets and liabilities
   1150. Conditions of licence: supervision of representatives
   1151. Revocation and variation of licence conditions
   1152. Futures organisations to be informed about conditions of futures brokers licence
   1153. Licensee to notify breach of licence condition
   1154. Commission may require licensed futures broker to give information
   1155. Register of Futures Licensees
   1156. Notifying change in particulars
   1157. Annual statement of licensee
   1158. Time for lodging annual statement

		Division 2 -- Agreements with unlicensed persons

			Subdivision A -- Agreements affected

   1159. Excluded clients
   1160. Agreement about a dealing in breach of section 1142
   1161. Agreement with corporation acting in breach of section 1143

			Subdivision B -- Effect on agreements

   1164. Client may give notice of rescission
   1165. Effect of notice under section 1164
   1165A.Client may apply to Court for partial rescission
   1166. Court may make consequential orders
   1167. Agreement unenforceable against client
   1168. Non-licensee not entitled to recover commission
   1169. Onus of establishing non-application of section 1167 or 1168
   1170. Client may recover commission paid to non-licensee
   1171. Remedies under this Division additional to other remedies

		Division 3 -- Futures representatives

   1172. Representatives of futures brokers
   1173. Representatives of futures advisers
   1174. Defence
   1175. Body corporate not to act as representative
   1176. Licensee to keep register of holders of proper authorities
   1177. Licensee to notify Commission of location and contents of register
   1178. Inspection and copying of register
   1180. Commission may require production of authority
   1181. Commission may give licensee information about representative
   1182. Holder of authority may be required to return it

		Division 4 -- Liability of principals for representatives' conduct

   1183. Conduct engaged in as a representative
   1184. Liability where identity of principal unknown
   1185. Liability of principals where act done in reliance on representative's conduct
   1186. Presumptions about certain matters
   1187. No contracting out of liability for representative's conduct
   1188. Effect of Division

		Division 5 -- Excluding persons from the futures industry

   1189A.Power to revoke, without a hearing, licence held by natural person
   1190. Power to revoke, without a hearing, licence held by body corporate
   1191. Power to revoke licence after a hearing
   1192. Power to suspend licence instead of revoking it
   1192A.Power to make banning order where licence revoked or suspended
   1193. Power to make banning order against unlicensed person
   1194. Nature of banning order
   1195. Exceptions to banning order
   1196. Variation or revocation of banning order on application
   1197. Revocation of banning order in certain cases
   1198. Effect and publication of orders under this Division
   1199. Contravention of banning order
   1199A.Banned person ineligible for licence
   1200. Opportunity for hearing
   1201. Disqualification by the Court
   1202. Effect of orders under section 1201
   1203. Effect of previous orders under laws corresponding to section 1201

	PART 8.4 -- CONDUCT OF FUTURES BUSINESS

   1204. Certain representations prohibited
   1205. Undesirable advertising
   1205A.Application of sections 1206 and 1207: exempt brokers
   1206. Issue of contract notes
   1207. Futures broker to furnish monthly statement to client
   1208. Dealings by futures broker on own account
   1209. Segregation of client money and property 
   1210. Futures broker to give certain information to prospective clients

	PART 8.5 -- FINANCIAL STATEMENTS AND AUDIT

   1211. Interpretation
   1212. Application of Part
   1213. Accounts to be kept by futures brokers
   1214. Property in custody of futures broker
   1215. Appointment of auditor by futures broker 
   1216. Removal and resignation of auditors
   1217. Fees and expenses of auditors
   1218. Futures brokers' accounts
   1219. Auditor's right of access to records, information etc.
   1220. Auditor to report to Commission in certain cases
   1221. Certain matters to be reported to Commission
   1222. Defamation
   1223. This Part not to affect right of futures exchange or futures association to impose obligations etc. on members
   1224. Power of Court to restrain dealings with futures broker's bank accounts
   1225. Duty of banker or body corporate to make full disclosure
   1226. Power of Court to make further orders and give directions
   1227. Power of Court to make order relating to payment of money

	PART 8.6 -- FIDELITY FUNDS

   1228. Establishment of fidelity funds
   1229. Money constituting fidelity fund
   1230. Fund to be kept in separate ADI account
   1231. Payments out of fund
   1232. Accounts of fund
   1233. Management sub-committee
   1234. Contribution to fund
   1235. Levy in addition to annual contributions
   1236. Contributions and levies not payable in certain cases
   1237. Power of futures organisation to make advances to fund
   1238. Investment of fund
   1239. Application of fund
   1240. Claims against fund
   1241. Rights of innocent partner in relation to fund
   1242. Notice calling for claims against fund
   1243. Power of board to settle claims
   1244. Form of order of Court establishing claim
   1245. Power of Board to require production of documents etc.
   1246. Subrogation of futures organisation to rights etc. of claimant on payment from fund
   1247. Payment of claims only from fund
   1248. Provisions where fund insufficient to meet claims or where claims exceed total amount payable
   1249. Power of futures organisation to enter into contracts of insurance or indemnity
   1250. Application of insurance money

	PART 8.7 -- OFFENCES

		Division 1 -- Insider dealing

   1251. Futures contract concerning a body corporate
   1252. Person connected with a body corporate 
   1253. Persons precluded from dealing
   1254. Body corporate precluded from dealing when officer precluded
   1255. Exceptions: licensed futures brokers
   1256. Prohibitions where dealing precluded
   1257. Defence where other party to dealing also had the inside information

		Division 2 -- General

   1258. Dealings by futures broker on behalf of others
   1259. Futures market manipulation
   1260. False trading and market rigging
   1261. False or misleading statements etc.
   1262. Fraudulently inducing person to deal in futures contracts
   1263. Dissemination of information about illegal transactions
   1264. Fraud in connection with dealings in futures contracts
   1265. Compensation for loss etc. [see Note 5]
   1266. Sequence of transmission and execution of orders
   1267. Dealings by employees of futures brokers and futures advisers

	PART 8.8 -- MISCELLANEOUS

   1268. Power of Court to make certain orders
   1269. Restrictions on use of titles "futures broker", "futures exchange" etc.
   1270. Preservation and disposal of records etc.
   1271. Concealing etc. books relating to futures contracts 
   1272. Falsification of records
   1273. Precautions against falsification of records

CHAPTER 9 -- MISCELLANEOUS

	PART 9.1 -- REGISTERS AND REGISTRATION OF DOCUMENTS

   1274. Registers 
   1274AA.Register of disqualified company directors and other officers
   1274A.Obtaining information from certain registers
   1274B.Use, in court proceedings, of information from Commission's national database
   1274C.ASIC certificate
   1275. Relodging of lost registered documents

	PART 9.2 -- REGISTRATION OF AUDITORS AND LIQUIDATORS

		Division 1 -- Interpretation

   1276. Interpretation
   1277. Effect on other laws

		Division 2 -- Registration

   1278. Auditor or liquidator registered under corresponding previous law
   1279. Application for registration as auditor or liquidator
   1280. Registration of auditors 
   1281. Auditor-General deemed to be registered as auditor
   1282. Registration of liquidators 
   1283. Registration of official liquidators
   1284. Security to be given by liquidators
   1284A.Security given under previous law
   1285. Register of Auditors
   1286. Registers of Liquidators and Official Liquidators
   1287. Notification of certain matters 
   1288. Triennial statements by registered auditors and liquidators
   1289. Auditors and other persons to enjoy qualified privilege in certain circumstances

		Division 3 -- Cancellation or suspension of registration

   1290. Cancellation at request of registered person
   1291. Official liquidators
   1292. Powers of Board in relation to auditors and liquidators 
   1293. Effect in certain cases of cancellation or suspension of registration under corresponding previous law
   1294. Board to give opportunity for hearing etc.
   1295. Board may remove suspension
   1296. Notice of Board's decision
   1297. Time when Board's decision comes into effect
   1298. Effect of suspension

	PART 9.3 -- BOOKS

   1300. Inspection of books
   1301. Location of books on computers
   1302. Location of registers 
   1303. Court may compel compliance
   1304. Translations of instruments
   1305. Admissibility of books in evidence
   1306. Form and evidentiary value of books
   1307. Falsification of books

	PART 9.4 -- OFFENCES

		Division 1 -- Specific offences

   1308. False or misleading statements
   1309. False information etc.
   1310. Obstructing or hindering Commission etc.

		Division 2 -- Offences generally

   1310A.Offences under 2 or more Corporations Laws
   1310B.Civil liability under 2 or more Corporations Laws
   1311. General penalty provisions
   1312. Penalties for bodies corporate
   1313. Penalty notices
   1313A.Offences committed partly in and partly out of the jurisdiction
   1313B.Reciprocity in relation to offences
   1313C.Offences committed partly before and partly after the commencement of this Law
   1314. Continuing offences
   1315. Proceedings: how taken
   1316. Time for instituting criminal proceedings
   1316A.Privilege against self-incrimination not available to bodies corporate in Corporations Law criminal proceedings
   1317. Certain persons to assist in prosecutions 

	PART 9.4A -- REVIEW BY ADMINISTRATIVE APPEALS TRIBUNAL OF CERTAIN DECISIONS

   1317A.Interpretation
   1317B.Applications for review
   1317C.Excluded decisions 
   1317D.Notice of reviewable decision and review rights

	PART 9.4B -- CIVIL CONSEQUENCES OF CONTRAVENING CIVIL PENALTY PROVISIONS

   1317E.Declarations of contravention
   1317F.Declaration of contravention is conclusive evidence
   1317G.Pecuniary penalty orders
   1317H.Compensation orders
   1317J.Who may apply for a declaration or order
   1317K.Time limit for application for a declaration or order
   1317L.Civil evidence and procedure rules for declarations of contravention and civil penalty orders
   1317M.Civil proceedings after criminal proceedings
   1317N.Criminal proceedings during civil proceedings
   1317P.Criminal proceedings after civil proceedings
   1317Q.Evidence given in proceedings for penalty not admissible in criminal proceedings
   1317R.ASIC requiring person to assist
   1317S.Relief from liability for contravention of civil penalty provision

	PART 9.5 -- POWERS OF COURTS

   1318. Power to grant relief
   1319. Power of Court to give directions with respect to meetings ordered by the Court
   1321. Appeals from decisions of receivers, liquidators etc.
   1322. Irregularities
   1323. Power of Court to prohibit payment or transfer of money, securities, futures contracts or property
   1324. Injunctions
   1324A.Provisions relating to prosecutions
   1324B.Order to disclose information or publish advertisements
   1325. Other orders 
   1325A.Orders if contravention of Chapter 6, 6A, 6B or 6C
   1325B.Court may order bidder to make offers
   1325C.Unfair or unconscionable agreements, payments or benefits
   1325D.Contravention due to inadvertence etc.
   1325E.Orders to secure compliance
   1326. Effect of sections 1323, 1324 and 1325 
   1327. Power of Court to punish for contempt of Court
   1328. Court may resolve transitional difficulties

	PART 9.6 -- PROCEEDINGS

   1330. Power of Commission to intervene in proceedings
   1331. Civil proceedings not to be stayed
   1332. Standard of proof
   1333. Evidence of contravention
   1335. Costs
   1336. Vesting of property
   1336A.Certain proceedings to be proceedings by or against Commission

	PART 9.7 -- UNCLAIMED PROPERTY

   1339. Commission to deal with unclaimed property
   1340. Commission not liable to pay calls on shares etc.
   1341. Disposition of money in unclaimed money account
   1342. Commonwealth or Commission not liable for loss or damage
   1343. Disposal of securities if whereabouts of holder unknown
   1343A.Disposal of interests in registered scheme if whereabouts of member unknown

	PART 9.9 -- MISCELLANEOUS

   1345A.Minister may delegate prescribed functions and powers under this Law
   1346. Non-application of rule against perpetuities to certain schemes
   1348. Operation of Life Insurance Act
   1349. General transitional provisions

	PART 9.10 -- FEES FOR CHARGEABLE MATTERS

   1351. Fees payable
   1352. Limits on fees payable for one matter
   1354. Lodgment of document without payment of fee
   1355. Doing act without payment of fee
   1356. Effect of sections 1354 and 1355
   1357. Commission may require payment of deposit on account of fee
   1358. Fee not ascertainable when it became payable
   1359. Waiver and refund of fees
   1360. Debts due to the Commonwealth
   1361. This Part not to impose taxation
   1362. Payment of fee does not give right to inspect or search

CHAPTER 10 -- NATIONAL SCHEME PROVISIONS

   1362A.Recognition of companies from other jurisdictions
   1362B.Transfer of registration
   1362BA.Compensation for compulsory acquisition

CHAPTER 11 -- APPLICATION AND TRANSITIONAL PROVISIONS

	PART 11.1 -- INTRODUCTION OF THE CORPORATIONS LAW

   1362CA.Existing company
   1362CB.Existing company taken to be registered under the Corporations Law
   1362CC.Constitution of existing company
   1362CD.Application of Law to existing companies
   1362CE.Acts preparatory to external administration of existing company
   1362CF.Appointments of receivers
   1362CG.Application of Division 2 of Part 5.6
   1362CH.Reinstatement of companies deregistered before commencement
   1362CJ.Registrable Australian bodies and foreign companies

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

		Division 1A -- Preliminary

   1362D.Meaning of amendment of this Law 

		Division 1 -- Changes resulting from the Corporations Legislation Amendment Act 1991

   1363. Commencement of certain changes
   1364. Application of changes to Parts 3.6 and 3.7

		Division 2 -- Changes resulting from the Corporations (Unlisted Property Trusts) Amendment Act 1991

   1365. Commencement of changes to section 1069
   1366. Commencement of sections 1069A, 1069B and 1069C and Division 5A of Part 7.12
   1367. Orders in relation to things done during retrospective operation of sections 1069A etc. and Subdivision C of Division 5A of Part 7.12.   

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

   1368. Commencement of certain changes
   1369. Application of certain changes

		Division 4 -- Changes resulting from the Corporations Legislation (Evidence) Amendment Act 1992

   1370. Changes to section 597
   1371. Application of section 1316A

		Division 5 -- Changes resulting from the Corporate Law Reform Act 1992

   1372. Commencement of subsection 6(4)
   1373. Application of changes to section 187
   1374. Application of change to paragraph 230(1)(d)
   1375. Application of certain changes to section 232
   1376. Application of sections 243H and 243ZE
   1377. Application of subsection 307(2)
   1378. Application of change to section 318
   1379. Application of certain changes to Part 5.2
   1380. Continued application of old Part 5.3 and related provisions
   1381. Certain provisions continue to apply in relation to official management
   1382. Application of new provisions relating to winding up
   1383. Continued application of old Parts 5.4, 5.5 and 5.6
   1384. Continued application of old sections 589, 590 and 592
   1385. Continued effect of authorisations under subsections 597(1) and 598(1)
   1386. Continued application of old section 597
   1387. Application of change to paragraph 1091(1A)(b)
   1388. Application of change to section 1301
   1389. Application of Part 9.4B to contravention committed before that Part commenced

		Division 6 -- Changes resulting from the Corporate Law Reform Act 1994

   1390. Meaning of Amending Act 
   1391. Application of changes to section 241
   1392. Application of section 241A
   1393. Application of changes to Parts 3.6 and 3.7
   1394. Application of changes to Part 4.5
   1395. Application of changes to section 779
   1396. Application of changes to section 1058
   1397. Application of change to subsection 1071(1)
   1398. Application of certain prospectus—related changes

		Division 7 -- Amendments made by the Corporations Legislation Amendment Act 1994

   1399. Meaning of Amending Act 
   1400. Schedule 1—application of amendments made by Part 2 of the Schedule
   1401. Schedule 3—application of amendments
   1402. Schedule 4—application of amendments made by Part 2 of the Schedule
   1403. Schedule 5—application of amendments made by Part 3 of the Schedule
   1404. Schedule 7—transitional provisions relating to unclaimed property
   1405. Schedule 8—application and commencement of amendments

		Division 8 -- Changes resulting from the First Corporate Law Simplification Act 1995

   1406. Meaning of Amending Act 
   1407. Proprietary companies limited both by shares and by guarantee
   1408. Application of amendments dealing with company accounts
   1409. Application of audit requirements for large proprietary companies
   1410. First annual return for proprietary companies under new provisions

		Division 9 -- Changes resulting from the Corporations Law Amendment Act 1997

   1411. Effect of amendments on distributions etc. before commencement

		Division 10 -- Changes resulting from the Company Law Review Act 1998

   1412. Meaning of commencement, new Law and old Law
   1413. Registration—existing companies continue to be registered
   1414. Registration—application orders under subsection 112(3) of the old Law
   1415. Basic features of a company—memorandum and articles are taken to be constitution
   1416. Basic features of a company—companies limited both by shares and by guarantee
   1417. Basic features of a company—acts before external administration of existing company
   1418. Basic features of a company—registered office
   1419. Basic features of a company—opening hours of registered office of public company
   1420. Basic features of a company—name, reservation of name and ACN continues
   1421. Members' rights and remedies—applications for inspection orders under repealed provisions
   1422. Meetings—AGM before commencement
   1423. Meetings—first AGM for companies incorporated before commencement
   1424. Meetings—general transitional arrangements 
   1424A.Notices of meeting given before commencement
   1425. Nominal value
   1426. Share capital—calls on partly-paid shares
   1427. Share capital—provisions in constitution about amount of share capital and division into shares
   1428. Share capital—conversion of stock into shares
   1429. Share capital—previous Law continues to apply to capital reductions initiated before commencement
   1430. Share capital—continued operation of other repealed provisions
   1431. Financial reports and audit—application of Chapter 2M to periods that end after commencement, and continued application of repealed provisions to past periods
   1432. Financial reports and audit—lodgment of accounts by public companies that are not disclosing entities
   1433. Financial reports and audit—continued operation of accounting standards
   1434. Financial reports and audit—continued operation of exemption orders
   1435. Annual returns—solvency resolution
   1436. Annual returns—application of annual return provisions
   1437. Deregistration—previous Law continues to apply to deregistrations initiated before commencement
   1438. Deregistration—property vested in ASIC under previous laws 
   1439. Deregistration—reinstatement of registration where application under section 571 or subsection 574(3) made before commencement
   1440. Deregistration—deregistration of companies dissolved under the State Bank (Corporatisation) Act 1994 of South Australia
   1441. Accounting standards made under section 32 of the Corporations Act 1989
   1442.  References in State laws and other documents

		Division 10A -- Changes resulting from Schedule 5 to the Company Law Review Act 1998

   1443. Meaning of commencement, new Law and old Law
   1444. Share capital—application of new no par value rule to shares issued before commencement
   1445. Share capital—references to amount paid on shares issued before commencement
   1446. Share capital—transfer of money in share premium account and capital redemption reserve into the share capital account
   1447. Share capital—use of amount standing to credit of share premium account
   1448. Share capital—calls on partly-paid shares
   1449. Share capital—references in pre-commencement contracts and other documents to par value
   1450. Share capital—previous Law continues to apply to capital reductions initiated before commencement

		Division 11 -- Changes resulting from the Managed Investments Act 1998

   1451. Definitions
   1452. Division applies to prescribed interests in existence immediately before commencement
   1453. Application of new Law to interests covered by approved deed immediately before commencement
   1454. Old Law continues to apply for 2 years or until scheme registered
   1455. Retirement from office of trustee or representative or management company
   1456. What happens when one of the bodies receives a retirement notice
   1457. What happens if neither of the bodies gives a retirement notice
   1458. Winding up of the undertaking
   1459. Other orders about winding up
   1460. Powers of proposed responsible entity
   1461. Meeting procedures
   1462. Transfer of rights, obligations and liabilities
   1463. Indemnification of trustee or representative for transfer of scheme property
   1464. Application of paragraphs 601JA(2)(c) and 601JB(2)(b) of new Law to officers or employees of body that does not become scheme's responsible entity
   1465. References to prescribed interests etc. in existing laws and documents

		Division 11A -- Transfer of financial institutions and friendly societies by the Financial Sector 
				   Reform (Amendments and Transitional Provisions) Act (No. 1) 1999

   1465A.Transfer of financial institutions and friendly societies

		Division 12 -- Changes resulting from the Corporate Law Economic Reform Program Act 1999

   1466. Meaning of commencement, new Law and old Law
   1467. General—references to provisions of old Law in laws and other documents
   1468. General—references to old Law expressions used in existing laws and documents
   1469. Directors' duties—application and transitional arrangements
   1470. Related party transactions—continued application of old Law
   1471. Oppressive conduct of affairs—applications made before commencement
   1472. Proceedings on behalf of a company—intervention in proceedings started before commencement
   1473. Civil penalty provisions—application of new Law
   1474. Civil penalty orders made under old Law
   1475. Fundraising—general application
   1476. Fundraising—application of new section 712
   1477. Fundraising—registration of managed investment schemes
   1478. Fundraising—saving orders, notices etc. given under old law
   1479. Continued operation of some provisions of the old Law
   1480. Fundraising—application of section 111AF of the new Law
   1481. Debentures—application and transitional provisions
   1482. Debentures—saving orders, notices etc. given under old Law
   1483. Takeovers—general rule (takeovers started before new provisions commence covered by old law)
   1484. Takeovers—old Law continues to apply to certain Panel proceedings
   1485. Takeovers—application of new provisions to interests acquired before commencement
   1486. Takeovers—section 1043B notices
   1487. Takeovers—saving orders, notices etc. given under old law
   1488. Takeovers—notification obligations under Parts 6.7 and 6.8 of the old law
   1489. Takeovers—ASIC power to pass on information obtained under the old Law
   1490. Takeovers—application of section 111AG of the new Law
   1491. Compulsory acquisitions—application of Part 6A.5 of the new Law
   1492. Compulsory acquisitions—unclaimed moneys
   1493. Accounting standards—standards in force before commencement

         Schedule 2 Forms of Transfer of Marketable Securities and Marketable Rights
         Schedule 3 Penalties
         Schedule 4 Transfer of financial institutions and friendly societies