Document ID: chunk:federal_register_of_legislation:C2004A04041:section:1990:p52
Version: federal_register_of_legislation:C2004A04041
Segment Type: section
Provision Reference: s 1990 (pt 52/212)
Character Range: 139140–142114

registered under the Co-operative Societies Act of the Northern Territory;

     (d) an association, society, institution or body incorporated under the Associations Incorporation Act of the Northern Territory;

     (e) a corporation constituted under the Unit Titles Act of the Northern Territory.

"(7) Each of the following is an exempt body in relation to the Capital Territory:

     (a) a society registered under the Co-operative Societies Act 1939 of the Capital Territory;

     (b) an association, society, institution or body incorporated under the Associations Incorporation Act 1953 of the Capital Territory;

     (c) a corporation constituted under the Unit Titles Act 1970 of the Capital Territory.".

SCHEDULE 1—continued

Paragraphs 67 (4) (a) to (g) (inclusive):

  Omit the paragraphs, substitute:

      "(a) as an official receiver or trustee within the meaning of the Bankruptcy Act 1966; or

      (b) as a receiver, receiver and manager, or liquidator, appointed by a court; or

      (c) as a person appointed by a court to carry on the business concerned; or

      (d) as a receiver, receiver and manager, or liquidator, appointed otherwise than by a court; or

      (e) as an official manager or deputy official manager of a body corporate; or

      (f) as a trustee or other person administering a compromise or arrangement between a body corporate and any other person or persons; or

      (g) as a personal representative of a dead futures broker or futures adviser, as the case may be; or".

Subsection 69 (2):

   (a) Omit "a State or Territory", substitute "another jurisdiction".

   (b) Omit "the State or Territory", substitute "that jurisdiction".

Subparagraph 69 (3) (a) (ii):

  Omit the subparagraph, substitute:

  "or (ii) a recognised company; or".

Paragraphs 69 (3) (b) and (c):

  Omit the paragraphs, substitute:

  "or (b) a public company of this or another jurisdiction; or".

Paragraphs 69 (4) (a) and (b):

  Omit the paragraphs, substitute:

  "(a) a proprietary company of this or another jurisdiction; or".

Subsection 69 (6):

  Omit the subsection, substitute:

"(6) For the purposes of subsections (3) and (4), a recognised company is neither a public company, nor a proprietary company, of the jurisdiction concerned if a licence is in force in respect of it under section 383 of the Corporations Law of that jurisdiction.".

SCHEDULE 1—continued

Section 69:

  Add at the end:

"(10) A reference in subsection 857 (19), 858 (7), 1215 (19) or 1216 (7) to an exempt proprietary company includes a reference to a body corporate that is an exempt proprietary company for the purposes of the Corporations Law of another jurisdiction.".

After section 69:

  Insert:

Exempt securities

"69a. (1) The following are exempt securities in relation to New South Wales:

     (a) securities of a society, association or union registered under the Co-operation Act 1923, or under the Permanent Building Societies Act