Document ID: chunk:federal_register_of_legislation:C2024C00606:section:43:p2
Version: federal_register_of_legislation:C2024C00606
Segment Type: section
Provision Reference: s 43 (pt 2/2)
Character Range: 108535–109950

Work (Transitional Provisions and Consequential Amendments) Act 2009.
 (8) Nothing in this Act limits the operation of section 63 of the Banking Act 1959.
 (9) For the purposes of section 50 and related provisions of the Competition and Consumer Act 2010 a transfer of business (whether voluntary or compulsory), a transfer of shares, or a transfer pursuant to an internal transfer certificate, that takes effect under this Act is taken to be:
 (a) to the extent that the transfer is of shares in the capital of a body corporate—an acquisition of the shares by the receiving body; and
 (b) to the extent that the transfer is of other assets—an acquisition of those assets by the receiving body.
 (9A) For the purposes of subsection 51(1) of the Competition and Consumer Act 2010, the following things are specified and specifically authorised:
 (a) a transfer of business or transfer of shares under Part 4;
 (b) anything done to enable or facilitate a transfer of business or transfer of shares under Part 4 (including an agreement referred to in section 30).
 (10) The provisions of this Act and the provisions:
 (a) prescribed for the purposes of subsection (4); or
 (b) referred to in subsection (5), (6), (7) or (8);
operate independently of each other. In particular, a decision under one of those provisions has effect only for the purpose of that provision, unless express provision is made to the contrary.