Tasmanian Numbered Acts Tasmanian Numbered Acts10. Implied adoption of regulations and other provisions of Corporations Law
(1) When a provision of this Act or the regulations adopts a provision ( "the adopted provision" ) of the Corporations Law for application in relation to cooperatives, the following provisions are also adopted by force of this section and are to be read as forming part of this Act:
(a) the provisions of any regulation (an "adopted regulation" ) for the time being in force under the adopted provision;
(b) any provision of the Corporations Law that creates an offence in relation to a contravention of the adopted provision;
(c) the provisions of Part 9.4B of the Corporations Law for the purposes of any provision of the Corporations Law adopted by this Act that is a civil penalty provision within the meaning of that Part.
(2) The regulations under this Act may prescribe modifications to any of the provisions adopted by subsection (1) for the purposes of their application under this section, and those provisions apply subject to any such prescribed modifications.
(3) If a provision of the Corporations Law or the regulations under that Law
adopted under this Act (including under this section) creates an offence and
the penalty for that offence is specified in another provision ( "the penalty
provision" ) of the Corporations Law or those regulations,
the penalty provision is to be read as forming part of this Act for the
purpose of determining the maximum penalty applicable to that offence.