Displacement of other laws—appointment of administrator
57 Displacement of other laws—appointment of administrator
This section and section 57A are declared to be Corporations legislation displacement provisions for the purposes of section 5G of the Corporations Act in relation to the provisions of Chapter 5 of that Act.
Note
Section 5G of the Corporations Act provides that if a State law declares a provision of a State law to be a Corporations legislation displacement provision for the purposes of that section, any provision of the Corporations legislation with which the State provision would otherwise be inconsistent does not operate to the extent necessary to avoid the inconsistency.
S. 57A inserted by No. 79/2008 s. 8.
This Act’s bill:Second reading speech
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