NSWIn ForceAct
Superannuation (Axiom Funds Management Corporation) Act 1996
47Memorandum and articles of AFML to have effect
Start here
Get a plain-English read of 47
Turn the raw legal text into a practical explanation grounded in Superannuation (Axiom Funds Management Corporation) Act 1996.
47 Memorandum and articles of AFML to have effect
47 Memorandum and articles of AFML to have effect
(1) As from the conversion, the proposed memorandum and articles of association lodged under section 42—
(a) are respectively the memorandum and articles of association of AFML, and
(b) bind AFML and its members accordingly.
(2) As from the conversion, the Corporations Law applies in relation to AFML’s memorandum and articles of association as if they had been registered as such under the Corporations Law.