Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW
- SECT 988

(1)

Any claim made before the commencement of this Part against NSEGC under a previous law of this jurisdiction corresponding to a provision of this Part shall:

(a)

unless the claim was disallowed before that commencement, be deemed to be a claim against SEGC made under that provision of this Part; and

(b)

if the claim had been allowed but had not been settled before that commencement, be treated as if it had been allowed under that provision of this Part.

(2)

A claim that was served on NSEGC before the commencement of this Part and was not disallowed before that commencement shall be deemed to have been served on SEGC.

(3)

Any act done by NSEGC or the previous Board before the commencement of this Part under or for the purposes of a previous law of this jurisdiction corresponding to a provision of this Part shall be deemed to have been done by SEGC or the Board, as the case may be, under or for the purposes of that provision of this Part.

(4)

The generality of subsection (3) is not affected by the following provisions of this section.

(5)

A determination by the previous Board before the commencement of this Part under a previous law of this jurisdiction corresponding to a provision of this Part has effect as if it were made by the Board under that provision of this Part.

(6)

A notice published by NSEGC before the commencement of this Part under a previous law of this jurisdiction corresponding to a provision of this Part shall be deemed to have been published by SEGC under that provision of this Part.

(7)

Any securities bought by NSEGC before the commencement of this Part for a purpose of a corresponding previous law shall be deemed to have been bought by SEGC for the corresponding purpose of this Part.