New South Wales Consolidated Acts

TRUSTEE COMPANIES ACT 1964 - SECT 32B

32B Excluded matters under section 5F of Corporations Act 2001 of the Commonwealth

(1) The regulations may declare any relevant matter (other than a declared matter) to be an excluded matter for the purposes of section 5F of the Corporations Act 2001 of the Commonwealth in relation to:

(a) the whole of the Corporations legislation to which Part 1.1A of the Corporations Act 2001 of the Commonwealth applies, or

(b) a specified provision of that legislation, or

(c) that legislation other than a specified provision, or

(d) that legislation otherwise than to a specified extent.

Note: Section 5F of the Corporations Act 2001 of the Commonwealth provides that if a State law declares a matter to be an excluded matter for the purposes of that section in relation to all or part of the Corporations legislation of the Commonwealth, then the provisions that are the subject of the declaration will not apply in relation to that matter in the State concerned.

(2) In this section:
"declared matter" means a matter that is declared to be an excluded matter for the purposes of section 5F of the Corporations Act 2001 of the Commonwealth by another provision of this Act.
"matter" includes act, omission, body, person or thing.
"relevant matter" means:

(a) any matter that is prohibited, required, authorised or permitted by or under this Act or the regulations, or

(b) any other matter that is dealt with by this Act or the regulations.