51Power to hold hearings

#### 51 Power to hold hearings (1) The Commission may hold hearings for the purposes of the performance or exercise of any of its functions and powers under a national scheme law of this jurisdiction, other than a function or power conferred on it by Division 1 of this Part or by section 657C or 657G of the Corporations Law. (2) Where: (a) immediately before the commencement of this section, the NCSC was holding a hearing, under a relevant previous law of this jurisdiction, in relation to a matter; and (b) subsection (1) empowers the Commission to hold a hearing in relation to that matter; then: (c) the Commission may continue the NCSC’s hearing, so far as it relates to that matter; and (d) the hearing, as continued by the Commission, is taken to be a hearing under subsection (1).