(1) Jurisdiction is vested in the several courts of the States and Territories with respect to matters arising under this Act.
(2) The jurisdiction vested in a court by virtue of subsection (1) is not limited by any limits to which any other jurisdiction of the court may be subject.
(3) Jurisdiction is vested in a court of a Territory by virtue of subsection (1) so far only as the Constitution permits.
(4) The jurisdiction of a court with respect to matters arising under this Act is not excluded or limited merely because the proceedings relate to, or may otherwise concern, property located outside * Australia.