New South Wales Consolidated Acts
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COMMUNITY LAND MANAGEMENT ACT 1989 - SECT 7
Neighbourhood association
(1) The corporation that-- (a) is constituted under the Community Land
Development Act 1989 by the registration of a neighbourhood plan as a
deposited plan, and
(b) has for its corporate name "Neighbourhood Association
D.P. No" (the number inserted being that of the deposited plan),
is a
neighbourhood association for the purposes of this or any other Act.
(2) The
corporation has for its members the proprietors of the neighbourhood lots in
the neighbourhood plan.
(3) Section 50 (1) (d) of the Interpretation Act
1987 does not apply to a neighbourhood association.
(4) A
neighbourhood association is declared to be an excluded matter for the
purposes of section 5F of the Corporations Act 2001 of the Commonwealth in
relation to the whole of the Corporations legislation. Note : This subsection
ensures that neither the Corporations Act 2001 nor Part 3 of the
Australian Securities and Investments Commission Act 2001 of the Commonwealth
will apply in relation to a neighbourhood association. Section 5F of the
Corporations Act 2001 of the Commonwealth provides that if a State law
declares a matter to be an excluded matter in relation to those Acts, then the
provisions of those Acts will not apply in relation to that matter in the
State concerned.
(5) A neighbourhood association has the functions conferred
or imposed on it by Schedule 1, by other provisions of this Act and by any
other Act.
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