Document ID: chunk:federal_register_of_legislation:C2021C00347:clause:2_42
Version: federal_register_of_legislation:C2021C00347
Segment Type: clause
Provision Reference: sch 2 cl 42
Character Range: 101365–102288

42  Subsections 1337B(2) and (3)
Repeal the subsections, substitute:
 (2) Subject to section 9 of the Administrative Decisions (Judicial Review) Act 1977, jurisdiction is conferred on each State or Territory Supreme Court with respect to civil matters arising under the Corporations legislation.
 (3) Despite section 9 of the Administrative Decisions (Judicial Review) Act 1977, jurisdiction is conferred on each State or Territory Supreme Court with respect to matters arising under that Act involving or related to decisions made, or proposed or required to be made, under the Corporations legislation by a Commonwealth authority or an officer of the Commonwealth.
Note 1: The Federal Court also has jurisdiction with respect to these matters under that Act.
Note 2: A State or Territory Supreme Court may be required to transfer a proceeding with respect to such a matter to the Federal Court: see subsection 1337H(3).