Corporations Legislation Amendment Act 1998 (Cth)

Corporations Legislation Amendment Act 1998

No. 86, 1998

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

Contents

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:

1Short title

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

2Commencement

1. (1)

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

2. (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.

3Schedule(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:

1424ANotices 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.

[Minister’s second reading speech made in—

Senate on 29 June 1998

House of Representatives on 30 June 1998]

(109/98)