Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subject to subsection ( 4), a law to which this section applies does not apply, and is taken never to have applied, in relation to:
(a) the Organisation; or
(b) the Organisation's property or transactions; or
(c) anything done by or on behalf of the Organisation.
(2) Subject to subsections ( 4) and (5), at all times during which the Organisation holds, or has held, a controlling interest in a particular company, a law to which this section applies does not apply, or is taken not to have applied, as the case requires, in relation to:
(a) the company; or
(b) the company's property or transactions; or
(c) anything done by or on behalf of the company.
(3) This section applies to a law of a State or Territory so far as the law relates to:
(a) the use or proposed use of land or premises; or
(b) the environmental consequences of the use of land or premises; or
(c) radioactive materials or dangerous goods; or
(d) licensing in relation to:
(i) employment; or
(ii) carrying on a particular kind of business or undertaking; or
(iii) conducting a particular kind of operation.
(4) This section does not apply to a law of a kind referred to in subsection ( 3) if the law is specified in regulations made for the purposes of this subsection.
(5) Subsection ( 2) does not apply in relation to any property or transaction of a company of a kind referred to in that subsection, or to anything done by such a company, if the property, transaction or thing is wholly unconnected with any matter that is within the scope of the Organisation's functions or powers.
(6) Nothing in this section implies that a law to which this section does not apply, applies in relation to:
(a) the Organisation; or
(b) the property or transactions of the Organisation; or
(c) any act or thing done by or on behalf of the Organisation.
(7) In this section:
"law" means a written law, and includes:
(a) subordinate legislation; and
(b) a provision of a law.