Victorian Consolidated Legislation

Companies (Application of Laws) Act 1981 - SECT 39

Recognized companies

39. Recognized companies



(1) Where a corporation that is a recognized company for the purposes of the
Companies (Victoria) Code was, immediately before the commencement of this
Act, registered as a foreign company under the Companies Act 1961, the
registered office of that corporation in the State the situation of which was
specified-

   (a)  in a case to which paragraph (b) does not apply-in a notice lodged
        under section 346(1) of that Act; or

   (b)  if a notice or notices have been lodged under section 347(1) of that
        Act in relation to the situation of the registered office of the
        corporation-in that notice or in the later or latest of those notices-

shall be deemed to be the principal office within the State of the corporation
for the purposes of section 507 of the Companies (Victoria) Code.

(2) Where-

   (a)  before the commencement of this Act, an act, matter or thing had been
        done or commenced under the Companies Act 1961 in relation to a
        corporation that was a foreign company for the purposes of that Act;

   (b)  the corporation is a recognized company for the purposes of the
        Companies (Victoria) Code; and

   (c)  that act, matter or thing could have been done or commenced under the
        Companies (Victoria) Code after the commencement of this Act in
        relation to a recognized company-

that act, matter or thing shall be deemed to have been done or commenced, as
the case may be, and, in the case of an act, matter or thing that has been
commenced, may be continued or completed under the Companies (Victoria) Code,
in relation to that corporation as a recognized company.