Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Corporations Act pre - winding up provisions apply to an Aboriginal and Torres Strait Islander corporation as if the following substitutions were made:
Substitutions to be made | ||
Item | For a reference to... | substitute a reference to... |
1 | a company | |
2 | section 459P | section 526 - 15 of this Act |
3 | the Registrar | |
4 | lodged | lodged with the Registrar |
Note: This section is intended to apply to Aboriginal and Torres Strait Islander corporations some provisions of the Corporations Act that are capable of operating before a winding up commences (or even whether or not a winding up ever occurs). Section 526 - 35 only applies provisions of the Corporations Act to a winding up of an Aboriginal and Torres Strait Islander corporation.
(2) This section has effect without limiting section 526 - 35.
" Corporations Act pre-winding up provisions" means:
(a) section 459C, Divisions 2 and 3 of Part 5.4 and section 459Q of the Corporations Act; and
(b) section 487 of that Act; and
(c) section 494 of that Act; and
(d) section 570 of that Act; and
(e) Division 9 of Part 5.6 of that Act; and
(f) the other provisions of that Act (including Parts 1.2, 5.8 and 9.4 and Schedule 3 but not including Parts 1.1, 1.1A and 9.4A) to the extent to which they relate to the operation of the provisions referred to in paragraphs (a) to (e); and
(g) the regulations made under that Act for the purposes of the
provisions of that Act referred to in paragraphs (a) to (e) and the
provisions referred to in paragraph (f).