97CCorporations Act displacement

97C Corporations Act displacement

97C Corporations Act displacement

Sections 50A and 56G are declared to be Corporations legislation displacement provisions for the purposes of section 5G of the Corporations Act 2001 of the Commonwealth in relation to the provisions of Chapter 5 of that Act.

Note.

Section 5G of the Corporations Act 2001 of the Commonwealth provides that if a State or Territory law declares a provision of a State or Territory law to be a Corporations legislation displacement provision, a provision of the Corporations legislation with which the State or Territory provision would otherwise be inconsistent does not apply to the extent necessary to avoid the inconsistency.

s 97C: Ins 2021 No 26, Sch 1[83].