Document ID: chunk:federal_register_of_legislation:C2025C00185:section:5g
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 5G
Character Range: 53267–54427

5G  Avoiding direct inconsistency arising between the Corporations legislation and State and Territory laws

Section overrides other provisions of the Corporations legislation
 (1) This section has effect despite anything else in the Corporations legislation.

Section does not deal with provisions capable of concurrent operation
 (2) This section does not apply to a provision of a law of a State or Territory that is capable of concurrent operation with the Corporations legislation.
Note: This kind of provision is dealt with by section 5E.

When this section applies to a provision of a State or Territory law
 (3) This section applies to the interaction between:
 (a) a provision of a law of a State or Territory (the State provision); and
 (b) a provision of the Corporations legislation (the Commonwealth provision);
only if the State provision meets the conditions set out in the following table:

Conditions to be met before section applies  [operative]
Item                                         Kind of provision                                                                                                                 Conditions to be met