Div 2Applied matters (applied Corporations legislation matters)

Division 2—Applied matters (applied Corporations legislation matters) 13—Applied Corporations legislation matters under this Law (1) Other provisions of this Law declare matters to be applied Corporations legislation matters for the purposes of the Corporations application legislation of this jurisdiction in relation to provisions of the Corporations Act specified in those provisions. (2) A declaration is made subject to any modifications specified in or in connection with the provision in which the declaration is made. (3) Additionally, a declaration is also made subject to— (a) any modifications applying under section 15; and (b) any modifications prescribed by the National Regulations; and (c) any necessary modifications. The Corporations application legislation of this jurisdiction provides for the application of provisions of the Corporations Act and Part 3 of the ASIC Act as laws of this jurisdiction in respect of any matter declared by a law of this jurisdiction (whether with or without modification) to be an applied Corporations legislation matter for the purposes of the Corporations application legislation in relation to those Commonwealth provisions. The Corporations application legislation ensures that a declaration made for the purposes of that legislation only operates so as to apply a provision of the Corporations legislation to a matter as a law of this jurisdiction if that provision does not already apply to the matter as a law of the Commonwealth. If a provision referred to in a declaration already applies as a law of the Commonwealth, nothing in the declaration will affect its continued operation as a law of the Commonwealth. The following Table indicates the location and subject matter of declarations made under other provisions of this Law.

Applied provisions of Corporations Act Location of applied provisions in Corporations Act Matter to which applied provision applies Provision of this Law that makes the declaration Sections 111AA–111AX Part 1.2A (Disclosing entities) Sections 283AA–283HB Chapter 2L (Debentures) Part 2M.3, Division 1 (Annual financial reports and directors’ reports) A co‑operative with quoted securities Sections 299A–300A