s. 86 of section 109 of the Constitution of the Commonwealth of Australia if the national scheme law were an Act of the Commonwealth. (4) In this section— S. 85(4) inserted by No. 43/2001 means the Corporations Corporations legislation s. 30(15). legislation to which Part 1.1A of the Corporations Act 2001 of the Commonwealth applies. 86 Regulations may exclude residual operation of cooperative scheme laws (1) Regulations under section 80 may provide that prescribed provisions of co-operative scheme laws do not operate, either generally or as otherwise prescribed by the regulations. (2) Regulations in force because of subsection (1) have effect accordingly. 87 Effect of sections 85 and 86 (1) To the extent that a co-operative scheme law ceases to operate because of section 85 or 86, the law is taken for the purposes of the Interpretation of Legislation Act 1984 to have been repealed by this Act. (2) Nothing in this Act revives, or otherwise affects the exclusion of, the provisions referred to in section 18(1) of the Companies (Application of or section 16(1) of the Laws) Act 1981 Securities Industry (Application of Laws) Act 1981. (3) The amendment of the Companies (Application S. 87(3) inserted by of Laws) Act 1981 by section 26 of the No. 43/2001 Corporations (Ancillary Provisions) Act 2001 s. 30(16). does not revive, or otherwise affect the exclusion of, the provisions referred to in section 18(1) of the Companies (Application of Laws) Act 1981.
of section 109 of the Constitution of the Commonwealth of Australia if the national scheme law were an Act of the Commonwealth. S. 85(4) inserted by No. 43/2001 s. 30(15). (4) In this section— Corporations legislation means the Corporations legislation to which Part 1.1A of the Corporations Act 2001 of the Commonwealth applies. 86 Regulations may exclude residual operation of cooperative scheme laws s. 86 (1) Regulations under section 80 may provide that prescribed provisions of co-operative scheme laws do not operate, either generally or as otherwise prescribed by the regulations. (2) Regulations in force because of subsection (1) have effect accordingly. 87 Effect of sections 85 and 86 (1) To the extent that a co-operative scheme law ceases to operate because of section 85 or 86, the law is taken for the purposes of the Interpretation of Legislation Act 1984 to have been repealed by this Act. (2) Nothing in this Act revives, or otherwise affects the exclusion of, the provisions referred to in section 18(1) of the Companies (Application of Laws) Act 1981 or section 16(1) of the Securities Industry (Application of Laws) Act 1981. S. 87(3) inserted by No. 43/2001 s. 30(16). (3) The amendment of the Companies (Application of Laws) Act 1981 by section 26 of the Corporations (Ancillary Provisions) Act 2001 does not revive, or otherwise affect the exclusion of, the provisions referred to in section 18(1) of the Companies (Application of Laws) Act 1981.
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