Document ID: chunk:federal_register_of_legislation:C2025C00182:section:254:p1
Version: federal_register_of_legislation:C2025C00182
Segment Type: section
Provision Reference: s 254 (pt 1/3)
Character Range: 640885–643599

254  Definitions
 (1) In this Part:
carried over provision of the old ASIC legislation of the Commonwealth, a State in this jurisdiction or the Northern Territory means a provision of that legislation that:
 (a) was in force immediately before the commencement; and
 (b) corresponds to a provision of the new ASIC legislation.
commencement means the commencement of this Act.
corresponds has a meaning affected by subsections (2), (3) and (4).
instrument means:
 (a) any instrument of a legislative character (including an Act or regulations) or of an administrative character; or
 (b) any other document.
liability includes a duty or obligation.
made includes issued, given or published.
new ASIC legislation means:
 (a) this Act; and
 (b) the new ASIC Regulations (as amended and in force from time to time) and any other regulations made under this Act; and
 (c) the laws of the Commonwealth referred to in subparagraphs (a)(ii) and (b)(iii) of the definition of old ASIC legislation, being those laws as they apply after the commencement; and
 (d) the preserved instruments.
new ASIC Regulations means the regulations that, because of section 264, have effect as if they were made under section 251 of this Act.
old application Act for a State or the Northern Territory means:
 (a) in the case of New South Wales—the Corporations (New South Wales) Act 1990 of New South Wales as in force from time to time before the commencement; or
 (b) in the case of Victoria—the Corporations (Victoria) Act 1990 of Victoria as in force from time to time before the commencement; or
 (c) in the case of Queensland—the Corporations (Queensland) Act 1990 of Queensland as in force from time to time before the commencement; or
 (d) in the case of Western Australia—the Corporations (Western Australia) Act 1990 of Western Australia as in force from time to time before the commencement; or
 (e) in the case of South Australia—the Corporations (South Australia) Act 1990 of South Australia as in force from time to time before the commencement; or
 (f) in the case of Tasmania—the Corporations (Tasmania) Act 1990 of Tasmania as in force from time to time before the commencement; or
 (g) in the case of the Northern Territory—the Corporations (Northern Territory) Act 1990 of the Northern Territory as in force from time to time before the commencement.
old ASIC Law of a State in this jurisdiction or the Northern Territory means the ASIC Law or ASC Law of the State or Territory (within the meaning of the application Act of the State or Territory as in force from time to time before the commencement).
old ASIC legislation means:
 (a) when used in relation to the Commonwealth—the following:
 (i) the old ASIC Act and old