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CORPORATIONS ACT 2001 - SECT 7

Identifying defined terms

  (1)   The Dictionary in section   9 includes a definition for each term that is defined in this Act, except:

  (a)   a term that is defined for the purposes of a single section or part of a single section; and

  (b)   a term that is defined for the purposes of Chapter   10 (transitional provisions) or Schedule   4 (transfer of financial institutions and friendly societies); and

  (c)   a term that is defined for the purposes of Schedule   2 (the Insolvency Practice Schedule).

In some cases, the definition is a signpost to another provision or Act which defines the term.

Note 1:   An example for paragraph   (a) is a definition that is expressed as being for the purposes of a section or subsection.

Note 2:   Schedule   2 also has its own Dictionary: see section   5 - 5 of Schedule   2. Subject to Schedule   2, the Dictionary in section   9 also has effect for the purposes of Schedule   2.

Note 3:   This Part, including the Dictionary in section   9, also has effect for the purposes of the ASIC Act: see subsection   5(2) of that Act.

  (2)   Within a definition, the defined term is identified by bold italics .

Note:   This Act also uses bold italics to "tag" a concept with a label for use as a narrative device.

  (3)   To the extent that a term used in a provision is not defined in this Act, it has its ordinary meaning.

Example 1:   The definition of complaint in section   9 defines the term only in Part   7.8A. The term has it its ordinary meaning in all other Parts of this Act.

Example 2:   The definition of participant in section   9 defines the term only in relation to a clearing and settlement facility and in relation to a financial market. The term has it its ordinary meaning when used in relation to all other persons and things.



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