Futures Industry (Application of Laws) Act 1987
3Interpretation
Start here
Get a plain-English read of 3
Turn the raw legal text into a practical explanation grounded in Futures Industry (Application of Laws) Act 1987.
3 Interpretation
(1) In this Act, unless the contrary intention appears –
Agreement means the agreement made on 22nd December 1978 between the Commonwealth and the States in relation to a proposed scheme for the co-operative regulation of companies and the securities industry, as amended or affected by subsequent agreements;
Commission means the National Companies and Securities Commission established by the National Companies and Securities Commission Act 1979 of the Commonwealth;
Commissioner for Corporate Affairs means the person holding office as Commissioner for Corporate Affairs under section 4 of the Commissioner for Corporate Affairs Act 1980 and includes any person holding that office in an acting capacity;
Ministerial Council means the Ministerial Council for Companies and Securities established by the Agreement;
the applied provisions means the provisions applying by reason of sections 5 and 6 ;
the Commonwealth Act means the Futures Industry Act 1986 of the Commonwealth.
(2) In this Act, a reference to a Commonwealth Act shall be construed as including a reference to that Act as amended and in force for the time being and to an Act passed in substitution for that Act.