417Application of Part

417 Application of Part

Except so far as the contrary intention appears, this Part applies in relation to a receiver of property of a co-operative who is appointed after the commencement of section 393 of the Co-operatives National Law in this jurisdiction, even if the appointment arose out of a transaction entered into, or an act or thing done, before that commencement.

(d) section 418A (1) of the applied provisions is to be read as if “23 June 1993” wherever occurring were omitted and “the commencement of section 393 of the Co-operatives National Law in this jurisdiction” were substituted;

(e) section 429 (1) of the applied provisions is to be read as if the following definition were substituted for the definition of reporting officer:

reporting officer, in relation to a co-operative for property of which a person is controller, means a person who was on the control day:

(a) for a co-operative—a director or secretary of the co-operative; or

(b) for a participating co-operative—a local agent of the participating co-operative.

(f) a reference in section 432 of the applied provisions to ASIC is to be read as a reference to the Registrar, but this paragraph does not limit the operation of section 15 of this Law;

(g) the modifications referred to in section 13 (3) of this Law so far as they are relevant.

Part 4.3 Mergers and transfers of engagements

Division 1 Merger or transfer of engagements

394 Application of this Division

This Division does not apply to a merger or transfer of engagements to which Chapter 5 applies.