Commonwealth Consolidated Acts

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COMMONWEALTH SERUM LABORATORIES ACT 1961 - SECT 13

CSL taken to be registered under Companies Act

             (1)  The National Companies and Securities Commission is to be taken:

                     (a)  to have been required to grant the application mentioned in paragraph 10(1)(a) and to register CSL as a company under subsection 86(2) of the Companies Act 1981 ; and

                     (b)  to have granted the application at the commencement of this Part; and

                     (c)  to have so registered CSL, at the commencement of this Part:

                              (i)  by the name "Commonwealth Serum Laboratories Limited"; and

                             (ii)  in accordance with subsections 86(3) and (4) of the Companies Act 1981 , as a public company, and as a company limited by shares, within the meaning of that Act; and

                     (d)  to have registered the name "Commonwealth Serum Laboratories Limited" in relation to CSL at the commencement of this Part, under subsection 55(4) of the Companies Act 1981 .

             (2)  The date of commencement of CSL's registration as a company under Division 4 of Part III of the Companies Act 1981 is to be taken to be the day of commencement of this Part.

             (3)  For the purposes of Division 4 of Part III of the Companies Act 1981 , CSL shall be taken to have been on the day before the commencement of this Part, and to be at that commencement, a corporation within the meaning of that Act.



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