Commonwealth legislation

Corporations Act 2001 - Proclamation (08/10/2001) (paragraph 1442B(2)(a))

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

What this does

This Proclamation sets 11 March 2002 as the official date when specific transitional rules in the Corporations Act 2001 take effect.

Why it matters

When the Corporations Act 2001 replaced older corporate laws, special "transition" rules were needed to handle legal matters that started under the old system but were still unfinished. This document activates those rules, telling courts and businesses which version of the law applies to historical company matters (things that happened before the new Act began).

Who is affected

Primarily affects companies, directors, and legal disputes where events occurred before the 2001 Act commenced but continued afterwards. It ensures everyone knows which corporate law rules apply when looking back at past transactions or conduct.

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Current sections

Direct links to the current provisions in Corporations Act 2001 - Proclamation (08/10/2001) (paragraph 1442B(2)(a)).

Corporations Act 2001 - Proclamation (08/10/2001) (paragraph 1442B(2)(a))

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Proclamation

Corporations Act 2001

I, PETER JOHN HOLLINGWORTH, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under paragraph 1442B (2) (a) of the Corporations Act 2001, fix 11 March 2002 for the purposes of that paragraph.

Signed and sealed with the Great Seal of Australia on 8 October 2001

PETER HOLLINGWORTH

Governor-General

By His Excellency's Command

JOE HOCKEY

Minister for Financial Services and Regulation

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.