Section 11 - Corporations (Ancillary Provisions) Act 2001 - References to old/new corporations legislation or old/new ASIC legislation

11References to old/new corporations legislation or old/new ASIC legislation

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11 References to old/new corporations legislation or old/new ASIC legislation

(1) Subject to subsections (2) and (3), a reference in, or taken immediately before the relevant time to be in, an Act, an instrument made under an Act or a law applying as a law of the State by force of an Act to:

(a) a Law, Regulations or instrument of a kind specified in column 1 of the Table in Schedule 1 is taken, at and after the relevant time, to include a reference to the Act, Regulations or instrument of the kind specified opposite it in column 2 of that Table, or

(b) a provision or group of provisions of a Law, Regulations or instrument of a kind specified in column 1 of the Table in Schedule 1 is taken, at and after the relevant time, to include a reference to the corresponding provision or provisions (if any) of the Act, Regulations or instrument of the kind specified opposite it in column 2 of that Table.

(2) The regulations may do either or both of the following:

(a) provide that subsection (1) does not apply in relation to prescribed references, or references of a prescribed kind:

(i) in prescribed Acts or instruments made under Acts, or

(ii) in prescribed laws applying as laws of the State by force of an Act, or

(iii) in Acts, instruments made under Acts, or laws applying as laws of the State by force of an Act, of a prescribed kind,

(b) provide that subsection (1) applies in relation to prescribed references, or references of a prescribed kind:

(i) in prescribed Acts or instruments made under Acts, or

(ii) in prescribed laws applying as laws of the State by force of an Act, or

(iii) in Acts, instruments made under Acts, or laws applying as laws of the State by force of an Act, of a prescribed kind,

as if, in that subsection, the words “to be a reference” were substituted for the words “to include a reference”.

(3) Subsection (1) does not apply in relation to references in, or taken immediately before the relevant time to be in:

(a) the old application Act or the applicable provisions (as defined in that Act) of the State, or