Document ID: chunk:federal_register_of_legislation:C2004A03415:body:0:p16
Version: federal_register_of_legislation:C2004A03415
Segment Type: other
Provision Reference: 
Character Range: 39954–42652

conditions of persons as employees of the Exchange may be varied.
"(4) For the purposes of the application of a law, award, determination, contract or agreement in relation to the employment of a transferred employee as an employee of the Exchange:
     (a) his or her contract of employment shall not be taken to have been broken by the operation of subsection (2); and
     (b) his or her period as an employee of AASE shall be deemed to be a period as an employee of the Exchange.
"(5) A transferred employee is not entitled to receive a payment or other benefit by reason only of ceasing by virtue of subsection (2) to be an employee of AASE.
"(6) Nothing in this section (other than subsection (5)) affects a person's rights or liabilities under any provident, benefit, superannuation or retirement fund or scheme relating to, or to persons including, employees of AASE.
"(7) A director, secretary or auditor of AASE does not, by virtue of this section, become a director, secretary or auditor of the Exchange.
"(8) This section has effect notwithstanding subsections 36r (1) and (2).

Part not to prejudice corresponding provisions
"36t. (1) In this section, 'corresponding provision' means a provision of a law of a participating State or participating Territory that corresponds with a provision of this Part.
"(2) Nothing in this Part limits or otherwise prejudices a corresponding provision.
"(3) Without limiting the generality of subsection (2), nothing in this Part prevents a corresponding provision from vesting property in, conferring a right, privilege or benefit on, or imposing a debt, duty, liability or obligation on, the Exchange.
"(4) Nothing in this Part prevents a law of a participating State or participating Territory from imposing on the Exchange, or on the body corporate that is the nominated exchange for the purposes of the provisions of a law of such a State or Territory that correspond with this Part, a liability (whether by way of a tax or otherwise) to pay an amount calculated

by reference to, or to matters including, the total of the amounts of stamp duty that would have become payable by the Exchange or AASE, or by that body corporate, as the case may be, under a law of the first-mentioned State or Territory if:
     (a) this Part had not been enacted;
     (b) the Exchange had been incorporated under the Companies Act 1981 as a company limited by guarantee; and
     (c) to the extent that it would have been possible to make under applicable laws the arrangements made by this Part and the corresponding provisions, those arrangements had been made under those applicable laws.".
6. After section 42a of the Principal Act the following section is