Victorian Consolidated Legislation

Corporations (Ancillary Provisions) Act 2001 - SECT 19

Implied application of regulations and other provisions of Corporations legislation

19. Implied application of regulations and other provisions of Corporations
legislation



(1) Unless a declaratory provision provides otherwise, the following
provisions of the Corporations legislation, or of an Act, regulations or other
instrument forming part of the Corporations legislation, are also taken to
apply to a matter that is the subject of a declaratory provision as if they
were laws of the State-

   (a)  the provisions of any regulations made under the applied law;

   (b)  any provision of the Corporations legislation, or of an Act,
        regulations or other instrument forming part of the Corporations
        legislation, that creates an offence in relation to a contravention of
        the applied law or specifies the penalty for an offence created by a
        provision of the applied law;

   (c)  the provisions of Part 9.4B (Civil consequences of contravening civil
        penalty provisions) of the new Corporations Act for the purposes of
        any provision of the applied law that is a civil penalty provision
        within the meaning of that Part.

(2) The regulations may prescribe modifications (whether generally or in
relation to a particular applied law) of any of the provisions that are also
taken to apply to a matter by force of subsection (1) for the purposes of that
application.