Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Without prejudice to its effect apart from this subsection, this Act also has, by force of this subsection, the effect that it would have if section 6, subsection (2) of this section, sections 22 and 24 and subsection 47(2) were omitted.
(2) Without prejudice to its effect apart from this subsection, this Act also has, by force of this subsection, the effect that it would have if:
(a) section 6, subsection (1) of this section, sections 22 and 24 and subsection 47(2) were omitted; and
(b) a direction under section 12, 13, 17, 18 or 20 applicable to a trading corporation had no effect to the extent that, but for this paragraph, the direction related to an act or thing done, or omitted to be done, by the corporation otherwise than for the purposes of its trading or commercial activities.