Document ID: chunk:federal_register_of_legislation:C2004A04501:schedule:3:p4
Version: federal_register_of_legislation:C2004A04501
Segment Type: schedule
Provision Reference: sch 3 (pt 4/17)
Character Range: 500422–503134

to have commenced on 27 June 1991.

Application of changes to section 187

"1373.(1) Subsections 187(3), (4) and (4A), as in force after the commencement of section 176 of the Corporate Law Reform Act 1992, apply in relation to an allotment made, or taken to have been made, at or after that commencement.

"(2) Subsections 187(3) and (4), as in force before that commencement, continue to apply in relation to an allotment made, or taken to have been made, before that commencement.

Application of change to paragraph 230(1)(d)

"1374.(1) Paragraph 230(1)(d), as in force after the commencement of section 10 of the Corporate Law Reform Act 1992, applies in relation to an act done, or an omission made, at or after that commencement.

"(2) Paragraph 230(1)(d), as in force before that commencement, continues to apply in relation to an act done, or a failure committed, by a person before that commencement, unless:

    (a)     the act or failure constituted a contravention of subsection 232(3) or (4) as so in force; and

    (b)     the person consents under subsection 1389(1) to Part 9.4B applying in relation to the contravention; and

    (c)     when the person so consents, no application made under subsection 230(1) in relation to the act or failure, and no appeal arising out of such an application, is pending.

Application of certain changes to section 232

"1375.(1) Subsection 232(3) of this Law, as in force before the commencement of section 11 of the Corporate Law Reform Act 1992, continues to apply in relation to a contravention of subsection 232(2) of this Law committed before that commencement.

"(2) Subsections 232(7), (8), (9) and (10) of this Law, as in force before the commencement of section 11 of the Corporate Law Reform Act 1992, continue to apply in relation to a contravention of section 232 of this Law committed before that commencement.

Application of sections 243H and 243ZE

"1376.(1) Sections 243H and 243ZE apply to a public company on and after 1 February 1994.

"(2) A majority of a public company's directors may elect in writing that sections 243H and 243ZE apply to the company on and after a specified day that is sooner than 1 February 1994.

  "(3) An election has effect accordingly and cannot be revoked.

Application of subsection 307(2)

"1377. Subsection 307(2) applies in relation to a company in relation to a financial year of the company that ends at or after the commencement of section 13 of the Corporate Law Reform Act 1992.

Application of change to section 318

"1378. Subsection 318(2) of this Law, as in force before the commencement of section 14 of the Corporate Law Reform Act 1992, continues to apply in relation to a contravention of