Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 131

Application of Act in relation to Division 2 companies
131. (1) Subject to this Act, a provision of this Act that applies in relation
to a company shall be taken to apply in relation to a Division 2 company in
relation to:

   (a)  the doing of an act or thing, an act or thing done, or a matter
        arising, before the Division 2 company's registration day; or

   (b)  acts, things or matters including such an act, thing or matter, as the
        case may be; unless:

   (c)  before that day, an act was done for the purposes of complying with a
        law corresponding to that provision; and

   (d)  the act would, if the Division 2 company had been a company, and this
        Act had been in operation, when the act was done, have constituted
        compliance with that provision as so applying.

(2) A provision applies as mentioned in subsection (1):

   (a)  as if a reference in the provision to a provision of this Act included
        a reference to a law corresponding to the last-mentioned provision;
        and

   (b)  with such other modifications as the circumstances require. 


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