186Displacement of other laws—appointment of administrator

186 Displacement of other laws—appointment of administrator

(1) The provisions of this Division 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 5 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.

(2) This Division applies despite anything to the contrary in the Co‑operatives National Law (Victoria) or the Associations Incorporation Reform Act 2012.