Australian Capital Territory Numbered Acts

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CO-OPERATIVES NATIONAL LAW (ACT) ACT 2017 (NO. 8 OF 2017) - SECT 29

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, regulation 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 a territory law:

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

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

        (c)     the provisions of the Corporations Act

, part 9.4B (Civil consequences of contravening civil penalty provisions) for the purposes of any provision of the applied Corporations 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 Corporations 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.



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