Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The transferring body shall be deemed:
(a) to have made, immediately before the transition, an application under section 85 of the Companies Act 1981 to be registered as a company; and
(b) to have been entitled to make the application.
(2) The National Companies and Securities Commission shall be deemed:
(a) to have been required to grant the application referred to in subsection ( 1) and to register the transferring body as a company under subsection 86(2) of the Companies Act 1981 ;
(b) to have granted the application at the transition; and
(c) to have so registered the transferring body, at the transition:
(i) by the name "Australian Airlines Limited"; and
(ii) in accordance with subsections 86(3) and (4) of that Act, as a public company, and as a company limited by shares, within the meaning of that Act.
(3) The date of commencement of the transferring body's registration as a company under Division 4 of Part III of the Companies Act 1981 shall be deemed to be the day on which this section comes into operation.
(4) The transferring body shall be deemed to have been, immediately before the transition, and to be, at the transition, a corporation within the meaning of the Companies Act 1981 .
(5) The transferring body, as it exists after the transition, shall not be taken for the purposes of a law of the Commonwealth, of a State or of a Territory:
(a) to have been incorporated or established for a public purpose or for a purpose of the Commonwealth; or
(b) to be a public authority or an instrumentality or agency of the Crown;
except so far as express provision is made by a law of the Commonwealth, or of that State or Territory, as the case may be.