Document ID: chunk:federal_register_of_legislation:C2004A04008:body:0:p9
Version: federal_register_of_legislation:C2004A04008
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authorised under subsection 244 (3) of that Act.

"(2) Paragraph 86 (6) (b) and subsections 87 (4) and 90 (5) of the Companies Act 1981 do not apply in relation to CSL.

"(3) For the purposes of section 360 of the Companies Act 1981, a person is not a past member of CSL merely because he or she was a member of the CSL Commission, or acted as a member of the Commission, before the commencement of this Part.

Accounting Records

"44k. For the purposes of the Companies Act 1981, accounts and records kept under section 63F of the Audit Act 1901 (as that section applied to CSL because of this Act) are to be taken to be accounting records kept by CSL under a provision of a previous law of the Australian Capital Territory, being a provision corresponding to section 267 of the Companies Act 1981.

Accounts

"44l. (1) This section has effect for the purposes of:

(a) the Companies Act 1981; and

(b) the Companies (Transitional Provisions) Act 1981 as it applies

   in relation to, and in relation to persons and matters associated with CSL because of subsection 90 (6) of the Companies Act 1981.

"(2) A report and financial statements that were prepared under section 63H of the Audit Act 1901 (as that section applied to CSL because of this Act) in relation to a period and furnished to the Minister on a particular day is to be taken to be a profit and loss account of CSL that was:

(a) made out in relation to that period; and

(b) laid before CSL at an annual general meeting of CSL held on that day.

Operation of section 25b of Acts Interpretation Act

"44m. Nothing in this Act or in the Companies Act 1981 affects, or is affected by, section 25b of the Acts Interpretation Act 1901 as that section applies in relation to CSL.".

14. Part III of the Principal Act is repealed and the following Parts are substituted:

"PART III—USE OF CERTAIN NAMES

Protected body may operate under protected company name

"45. A protected body whose name is a protected company name may operate under the name in a State or Territory even if the name is not registered in relation to the body under a particular law, or any law, in force in the State or Territory.

Protected body may operate under protected business name

"46. (1) A protected body may operate under a protected business name in a State or Territory even if the name is not registered in relation to the body under a particular law, or any law, in force in the State or Territory.

"(2) Nothing in this section permits more