Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 601FT
Effect of change of responsible entity on documents etc. to which former responsible entity is party
- (1)
- If the responsible entity of a registered
scheme changes, a document:
- (a)
- to which the former responsible entity is a party, in which a
reference is made to the former responsible entity, or under which the former
responsible entity has acquired or incurred a right, obligation or liability,
or might have acquired or incurred a right, obligation or liability if it had
remained the responsible entity; and
- (b)
- that is capable of having effect after the change;
has effect as if the new responsible entity (and not the former
responsible entity) were a party to it, were referred to in it or had or might
have acquired or incurred the right, obligation or liability under it.
- (2)
- Subsection (1) does not apply to a right, obligation or
liability that remains a right, obligation or liability of the former
responsible entity because of subsection 601FS(2).
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