Queensland Consolidated Acts

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CORPORATIONS (ANCILLARY PROVISIONS) ACT 2001 - SECT 29

29 Validation

(1) Anything done or omitted to be done by a person or body during the relevant period that would have been valid and lawful had the amending Act been in operation at the time at which the thing was done or omitted, must be taken to be, and to have always been, valid and lawful.

(2) Anything done or omitted to be done by a person or body during the relevant period that would have been valid and lawful had none of the provisions of the Financial Services Reform Act 2001 (Cwlth) been in operation at the time at which the thing was done or omitted, must be taken to be, and to have always been, valid and lawful.

(3) In this section--

amending Act means the Financial Services Reform (Consequential Amendments) Act 2003.

relevant period means the period--

(a) starting on the commencement of the Financial Services Reform Act 2001 (Cwlth), schedule 1, part 1; and
(b) ending immediately before the date of assent of the amending Act.


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