Commonwealth Consolidated Acts Commonwealth Consolidated Acts(2) Paragraph 86(6)(b) and subsections 87(4) and 90(5) of the Companies Act 1981 do not apply in relation to the transferring body.
(3) For the purposes of section 360 of the Companies Act 1981 , a person is not a past member of the transferring body merely because he or she was a member of it, or acted as a member of it, before the transition.