South Australian Consolidated Acts

SOUTH AUSTRALIAN CO-OPERATIVE AND COMMUNITY HOUSING ACT 1991 - SECT 6

6—Exclusion of operation of " "Corporations Act 2001 of the Commonwealth

        (1)         The following matters are declared to be excluded matters for the purposes of section 5F of the Corporations Act 2001 of the Commonwealth in relation to the whole of the Corporations legislation to which Part 1.1A of that Act applies:

            (a)         a registered housing co-operative;

            (b)         any act or omission of any person, body or other entity in relation to a registered housing co-operative.

        (2)         The regulations may declare any matter relating to registered housing co-operatives to be an applied Corporations legislation matter for the purposes of Part 3 of the Corporations (Ancillary Provisions) Act 2001 in relation to any provision of the Corporations legislation to which Part 1.1A of the Corporations Act 2001 of the Commonwealth applies that does not apply to registered housing co-operatives as a law of the Commonwealth (including by virtue of subsection (1)), with such modifications (within the meaning of Part 3 of the Corporations (Ancillary Provisions) Act 2001 ) as may be prescribed by the regulations.