Document ID: chunk:federal_register_of_legislation:C2025C00182:section:257
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 257
Character Range: 651398–652811

257  Existence of several versions of the old ASIC legislation does not result in this Part operating to take the same thing to be done several times under the new ASIC legislation etc.
  If, apart from this section, a provision of this Part (the transitional provision) would, because the Commonwealth, each State in this jurisdiction and the Northern Territory had its own old ASIC legislation (containing parallel provisions) before the commencement, operate so that:
 (a) a particular thing done before the commencement would be taken to be done, or have effect, 2 or more times by, under, or for the purposes of, a provision of the new ASIC legislation; or
 (b) a right or liability would be created 2 or more times in respect of a particular event, circumstance or thing that happened before the commencement; or
 (c) a particular result or effect would be produced 2 or more times for the purposes of the new ASIC legislation in relation to the same matter;
the transitional provision is taken to operate so that:
 (d) if paragraph (a) applies—the thing is taken to be done or have effect only once by, under, or for the purposes of the provision of, the new ASIC legislation; or
 (e) if paragraph (b) applies—the right or liability is created only once in respect of the event, circumstance or thing; or
 (f) if paragraph (c) applies—the result or effect is produced only once in relation to the matter.