Victorian Consolidated Legislation

Companies (Application of Laws) Act 1981 - SECT 40

Recognized companies under corresponding laws

40. Recognized companies under corresponding laws



(1) Section 501 of the Companies (Victoria) Code applies in relation to a
company that, immediately before the commencement of this Act, had a place of
business or carried on business in a State or Territory that is a
participating State or participating Territory as if the company had
established a place of business or commenced to carry on business, as the case
may be, in that State or Territory at the commencement of this Act.

(2) Where a company had, before the commencement of this Act, lodged under the
provisions of a law of a State or Territory that is a participating State or
participating Territory that corresponds with section 346(1A) or 347(1A) of
the Companies Act 1961 a notice or notices that specified the days and hours
during which the registered office of the company in that State or Territory
was open and accessible to the public, the company shall, for the purposes of
section 502(2) of the Companies (Victoria) Code, be deemed to have lodged a
notice under section 501(2) of that Code in relation to that State or
Territory.

(3) Where, immediately before the commencement of this Act, a company
maintained a branch register in a State or Territory that is a participating
State or participating Territory in accordance with the provision of the law
of that State or Territory that corresponded with section 354 of the Companies
Act 1961, that register shall be deemed to be a branch register of the company
kept under section 262 of the Companies (Victoria) Code and section 262 of
that Code applies in relation to that register as if it had been established,
and as if the office where it is kept had been opened, on the date of
commencement of this Act.