CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1349 General transitional provisions

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1349

1349. (1) For the purposes of this Act:

   (a)  an act or thing done by the NCSC before the commencement of a
        provision of this Act under or for the purposes of a law corresponding
        to that provision has effect as if it had been done by the Commission
        under or for the purposes of that provision;

   (b)  a reference in a prospectus or any other document to the NCSC, except
        in relation to a time before the commencement of Chapter 7, is a
        reference to the Commission; and

   (c)  an act or thing done by the Ministerial Council before the
        commencement of a provision of this Act under or for the purposes of a
        law corresponding to that provision has effect as if it had been done
        by the Minister under or for the purposes of that provision.

(2) A reference in subsection (1) to an act or thing done includes, but is not
limited to, a direction given, a notice given or served, a consent or approval
given, a declaration made, an exemption granted, a certificate given or issued
or any other instrument executed.

(3) A condition included in an instrument to which this section applies, or
imposed in connection with such an instrument, under or for the purposes of a
law corresponding to a provision of this Act, by the NCSC or the Ministerial
Council has effect for the purposes of this Act as if it had been included or
imposed by the Commission or the Minister, as the case may be, under or for
the purposes of that provision.