Corporations Legislation Amendment Act 1998

No. 86, 1998

An Act to amend the Corporations Law, and for related purposes

Contents

1............ Short title............................................................................................

2............ Commencement..................................................................................

3............ Schedule(s)..........................................................................................

Schedule 1—Amendment of the Corporations Law                                 

Corporations Legislation Amendment Act 1998

No. 86, 1998

An Act to amend the Corporations Law, and for related purposes

[Assented to 2 July 1998]

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Corporations Legislation Amendment Act 1998.

2  Commencement

             (1)  Subject to subsection (2), this Act commences on the day on which it receives the Royal Assent.

             (2)  Section 3 and Schedule 1 commence, or are taken to have commenced, immediately after the commencement of item 11 of Schedule 1 to the Company Law Review Act 1998.

3  Schedule(s)

                   Subject to section 2, the Corporations Law set out in section 82 of the Corporations Act 1989 is amended as set out in Schedule 1 to this Act, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendment of the Corporations Law

1  After section 1424

Insert:

1424A  Notices of meeting given before commencement

                   Sections 249HA and 250BA of the new Law do not apply to a meeting of a company’s members if the notice of the meeting was given before commencement.