314State and Territory courts to have jurisdiction

#### 314 State and Territory courts to have jurisdiction (1) Jurisdiction is vested in the several courts of the States and Territories with respect to matters arising under this Act. (2) The jurisdiction vested in a court by virtue of subsection (1) is not limited by any limits to which any other jurisdiction of the court may be subject. (3) Jurisdiction is vested in a court of a Territory by virtue of subsection (1) so far only as the Constitution permits. (4) The jurisdiction of a court with respect to matters arising under this Act is not excluded or limited merely because the proceedings relate to, or may otherwise concern, property located outside \*Australia.