Corporations (Administrative Actions) Act 2001

Without affecting the generality of section 5, the rights and liabilities of all persons are, by force of this Act, declared to be, and always to have been, for all purposes the same as if – every invalid administrative action had been taken, or purportedly taken, by a State authority or officer of the State; and the relevant function or power had been duly conferred on that authority or officer.

A right or liability conferred or affected by subsection (1) – is exercisable or enforceable; and is to be regarded as always having been exercisable or enforceable – as if it were a right or liability conferred or affected by (or arising from) an administrative action of a State authority or officer of the State on which or whom the relevant function or power had been duly conferred.

Any act or thing done or omitted to be done at or before the commencement time under or in relation to a right or liability conferred or affected by subsection (1) – has the same effect, and gives rise to the same consequences, for the purposes of any written or other law; and is to be regarded as always having had the same effect, and given rise to the same consequences, for the purposes of any written or other law – as if it were done, or omitted to be done, to give effect to, or under the authority of, or in reliance on, an administrative action of a State authority or officer of the State on which or whom the relevant function or power had been duly conferred.