129Displacement of other laws

129 Displacement of other laws (1) Sections 131, 132, 133 and 134 are declared to be Corporations legislation displacement provisions for the purposes of section 5G of the Corporations Act in relation to the provisions of Chapter 2B and Chapter 5 of that Act and the provisions of that Act set out in the table in section 141 of that Act. Section 5G of the Corporations Act provides that if a State law declares a provision of a State law to be a Corporations legislation displacement provision for the purposes of that section, any provision of the Corporations legislation with which the State provision would otherwise be inconsistent does not operate to the extent necessary to avoid the inconsistency. S. 129(2) amended by Nos 20/2012 s. 226(Sch. 5 item 16(2)), 9/2013 s. 42(Sch. 2 item 11(3)). (2) This Division applies despite anything to the contrary in the Co‑operatives National Law (Victoria) and the **Associations Incorporation Reform Act 2012**. S. 130 inserted by No. 106/2004 s. 5.