Corporations Act

Australia

Corporations Act 2001 Act No. 50 of 2001 as amended Compilation start date: 19 July 2013 Includes amendments up to: Act No. 61, 2013 This compilation has been split into 5 volumes Australia

Corporations Act 2001

No. 50, 2001 as amended

Compilation start date: 19 July 2013

Includes amendments up to: Act No. 61, 2013

This compilation has been split into 5 volumes

ebooks@prospekt.org

Corporations Act 2001

No.В 50, 2001 as amended

Compilation start date:В 19В July 2013

Includes amendments up to:В Act No.В 61, 2013

This compilation has been split into 5 volumes

Volume 1: sections 1–260E

Volume 2: sections 283AA–601DJ

Volume 3: sections 601EA–742

Volume 4: sections 760A–1200U

Volume 5: sections 1274–1541

Schedules

Endnotes

Each volume has its own contents

About this compilation

This compilation

This is a compilation of the Corporations Act 2001 as in force on 19В July 2013. It includes any commenced amendment affecting the legislation to that date.

This compilation was prepared on 27В September 2013.

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of each amended provision.

Uncommenced amendments

The effect of uncommenced amendments is not reflected in the text of the compiled law but the text of the amendments is included in the endnotes.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Modifications

If a provision of the compiled law is affected by a modification that is in force, details are included in the endnotes.

Provisions ceasing to have effect

If a provision of the compiled law has expired or otherwise ceased to have effect in accordance with a provision of the law, details are included in the endnotes.

An Act to make provision in relation to corporations and financial products and services, and for other purposes

Volume 1: sections 1–260E

Chapter 1 — Introductory

Part 1.1 — Preliminary

1 Short title

This Act may be cited as the Corporations Act 2001.

2 Commencement

This Act commences on a day to be fixed by Proclamation.

3 Constitutional basis for this Act

(1) The operation of this Act in the referring States is based on:

(a) the legislative powers that the Commonwealth Parliament has under sectionВ 51 of the Constitution (other than paragraphВ 51(xxxvii)); and

(b) the legislative powers that the Commonwealth Parliament has in respect of matters to which this Act relates because those matters are referred to it by the Parliaments of the referring States under paragraphВ 51(xxxvii) of the Constitution.

Note: The State referrals fully supplement the Commonwealth Parliament’s other powers by referring the matters to the Commonwealth Parliament to the extent to which they are not otherwise included in the legislative powers of the Commonwealth Parliament.

(2) The operation of this Act in the Northern Territory and the Capital Territory is based on:

(a) the legislative powers that the Commonwealth Parliament has under sectionВ 122 of the Constitution to make laws for the government of those Territories; and

(b) the legislative powers that the Commonwealth Parliament has under sectionВ 51 of the Constitution.

Despite subsectionВ 22(3) of the Acts Interpretation Act 1901, this Act as applying in those territories is a law of the Commonwealth.

(3) The operation of this Act outside Australia is based on:

(a) the legislative power the Commonwealth Parliament has under paragraphВ 51(xxix) of the Constitution; and

(b) the other legislative powers that the Commonwealth Parliament has under sectionВ 51 of the Constitution; and

(c) the legislative powers that the Commonwealth Parliament has under sectionВ 122 of the Constitution to make laws for the government of those Territories.

(4) The operation of this Act in a State that is not a re