87Effect of sections 85 and 86

#### 87 Effect of sections 85 and 86 87 Effect of sections 85 and 86 > > (1) To the extent that a co-operative scheme law ceases to operate because of section 85 or 86, the law is taken for the purposes of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015) to have been repealed by this Act. > > > (2) Nothing in this Act revives, or otherwise affects the exclusion of, the provisions referred to in section 18 (1) of the [Companies (Application of Laws) Act 1981](/view/html/repealed/current/act-1981-122) or section 16 (1) of the [Securities Industry (Application of Laws) Act 1981](/view/html/repealed/current/act-1981-061). > > > (3) The amendment of the [Companies (Application of Laws) Act 1981](/view/html/repealed/current/act-1981-122) by Schedule 2.1 to the [Corporations (Ancillary Provisions) Act 2001](/view/html/inforce/current/act-2001-032) does not revive, or otherwise affect the exclusion of, the provisions referred to in section 18 (1) of the [Companies (Application of Laws) Act 1981](/view/html/repealed/current/act-1981-122). > > > (4) The amendment of the [Securities Industry (Application of Laws) Act 1981](/view/html/repealed/current/act-1981-061) by Schedule 2.5 to the [Corporations (Ancillary Provisions) Act 2001](/view/html/inforce/current/act-2001-032) does not revive, or otherwise affect the exclusion of, the provisions referred to in section 16 (1) of the [Securities Industry (Application of Laws) Act 1981](/view/html/repealed/current/act-1981-061). > > **s 87:** Am 2001 No 32, Sch 2.2 \[19\].