New South Wales Consolidated Acts

AUSTRALIAN MUTUAL PROVIDENT SOCIETY (DEMUTUALISATION AND RECONSTRUCTION) ACT 1997 - SECT 10

10 Nature of company

(1) The company limited by shares to which AMP is converted under this Part is a company by virtue of this Act, but:

(a) it is not a company incorporated, or deemed or taken to be incorporated, under the Companies Code or the Corporations Law , and

(b) it is not a company for the purposes of the Companies Code or the Corporations Law ,

until it is in fact registered as a company under Division 3 of Part 2.2 of the Corporations Law .

(2) However, nothing in this Act affects the operation of the Australian Mutual Provident Society Act 1988 (as amended by this Act), by or under which provisions of the Companies Code apply to AMP and the members and officers of AMP.