(1) Subject to subsections (2) and (4), a State's courts are invested with federal jurisdiction in all matters arising under the laws of the State applied under section 428.
(2) Jurisdiction is invested under subsection (1) within the limits (other than limits of locality) of the jurisdiction of the court.
(3) Subsection (2) applies to limits as to subject matter or other limits.
(4) The regulations may provide that subsection (1) does not apply to the jurisdiction of a particular court.
(5) For the purposes of this section, the Northern Territory is not to be treated as though it were a State.