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CORPORATIONS ACT 2001 - SECT 1705G

Translation of references to prescribed financial markets in instruments

  (1)   This section applies to an instrument (the affected instrument ), other than regulations, that:

  (a)   was made under:

  (i)   an Act; or

  (ii)   an instrument made under an Act; and

  (b)   was in force immediately before the commencement time.

  (2)   If:

  (a)   immediately before the commencement time, the affected instrument contained a reference to the expression in column 1 of an item of the following table; and

  (b)   the expression had the same meaning in the affected instrument as it had in this Act as in force immediately before the commencement time; and

  (c)   the reference to the expression remains in the affected instrument at the commencement time;

then, at and after the commencement time, the affected instrument applies as if the reference to the expression were instead a reference to the expression in column 2 of that item.

 

Translating references in instruments made under this Act

Item

Column 1

Column 2

1

prescribed financial market

declared financial market

2

prescribed financial markets

declared financial markets



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