Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW
- SECT 989
Expenses incurred under corresponding previous law
- (1)
- Any legal and other
expenses incurred before the commencement of this Part in investigating or
defending claims made under a corresponding previous law or incurred in
relation to the previous Fund or in the exercise by NSEGC or the previous
Board of the rights, powers and authorities vested in it by the provisions of
a corresponding previous law in relation to the previous Fund shall be deemed
to be expenses to which paragraph 932(1)(b)
applies.
- (2)
- Any expenses incurred
before the commencement of this Part in the administration of the previous
Fund, including the salaries and wages of persons employed by NSEGC or the
previous Board in relation to the previous Fund, shall be deemed to have been
incurred in the administration of the Fund.
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