Document ID: chunk:federal_register_of_legislation:C2004C01296:clause:1_271b
Version: federal_register_of_legislation:C2004C01296
Segment Type: clause
Provision Reference: sch 1 cl 271B
Character Range: 40578–41286

271B  Application of Division in relation to organisations divided into branches

 (1) If an organisation is divided into branches:
 (a) this Division (other than this section) applies in relation to the organisation as if the financial affairs (including transactions) of a branch did not form part of those of the organisation; and
 (b) this Division (other than this section) applies in relation to each of the branches as if the branch were itself an organisation.

 (2) For the purposes of the application of this Division, in accordance with paragraph (1)(b), in relation to a branch of an organisation, the members of the organisation constituting the branch are taken to be members of the branch.