Document ID: chunk:federal_register_of_legislation:C2004A02825:body:0:p95
Version: federal_register_of_legislation:C2004A02825
Segment Type: other
Provision Reference: 
Character Range: 234212–236931

by the Act in the manner provided by the Act.
     "(2) Payments by way of brokerage or commission may be satisfied by the payment of cash, by the allotment of fully or partly paid shares or partly by the payment of cash and partly by the allotment of fully or partly paid shares."; and
     (d) by omitting paragraphs 49 (a) and (b) of Table B.

Amendment of Schedule 5
127. Schedule 5 to the Principal Act is amended by inserting after clause 3 the following clause:
"3a. Where, by virtue of the definition of 'priority time' in clause 6, a registered charge has 2 or more priority times each of which relates to a particular liability secured by the charge, each of those liabilities shall, for the purposes of this Schedule, be deemed to be secured by a separate registered charge the priority time of which is the priority time of the first-mentioned registered charge that relates to the liability concerned.".

Further amendments
128. The Principal Act is amended as set out in Schedule 1.

PART IV—AMENDMENT OF COMPANIES (TRANSITIONAL PROVISIONS) ACT 1981

Principal Act
129. The Companies (Transitional Provisions) Act 19813 is in this Part referred to as the Principal Act.

Registered auditors and liquidators
130. Section 26 of the Principal Act is amended by inserting in sub-section (2) "and Subdivision B of Division 2 of Part II" after "section 27".

PART V—AMENDMENTS OF COMPANIES AND SECURITIES (INTERPRETATION AND MISCELLANEOUS PROVISIONS) ACT 1980

Principal Act
131. The Companies and Securities (Interpretation and Miscellaneous Provisions) Act 19804 is in this Part referred to as the Principal Act.
132. After section 5 of the Principal Act the following section is inserted in Division 1 of Part II:

Regard to be had to purpose or object of relevant Act
"5a. (1) In the interpretation of a provision of a relevant Act, a construction that would promote the purpose or object underlying the relevant Act (whether that purpose or object is expressly stated in the relevant Act or not) shall be preferred to a construction that would not promote that purpose or object.
"(2) Nothing in sub-section (1) shall be construed as authorizing, in the interpretation of a provision of a relevant Act, the consideration of any matter or document not forming part of the relevant Act for any purpose for which that matter or document could not be considered apart from that sub-section.".

Definitions
133. Section 9 of the Principal Act is amended by omitting "Seat of Government Act 1909" from the definition of "'the Territory' or 'the Australian Capital Territory'" and substituting "Seat of Government Acceptance Act 1909".
134. After section 38 of the Principal Act the following section is inserted