that process, status or instrument as so continued is still taken to have
commenced from the time referred to in paragraph (a).
(3) If an old corporations legislation time limit related to a
pre-commencement right or liability, the same time limit applies in relation
to the substituted right or liability.
(4) In this section:
"old corporations legislation time limit" includes:
- (a)
- a period for the doing of a thing specified or determined under a
provision of the old corporations legislation of a State or Territory; or
- (b)
- a period specified or determined under a provision of the old corporations
legislation of a State or Territory as the duration of a particular instrument
or status.