Western Australian Consolidated Acts (1) The following
matters are declared to be excluded matters for the purposes of
section 5F of the Corporations Act 2001 of the Commonwealth in
relation to the whole of the Corporations legislation to which Part 1.1A
of that Act applies, other than the provisions specified in
subsection (2) —
(a) an
incorporated association;
(b) any
act or omission of any person, body or other entity in relation to an
incorporated association.
(2) The provisions
referred to in subsection (1) are —
(a)
provisions that relate to any matter that the regulations provide is not to be
excluded from the operation of the Corporations legislation; or
(b)
provisions that relate to the role of an incorporated association in the
formation of a company; or
(ca)
provisions that relate to registration as a company under the Corporations Act
Chapter 5B to the extent that an incorporated association is authorised
or required under Part IIIA to become registered as a company under that
Chapter; or
(c)
provisions that relate to substantial holdings, by or involving an
incorporated association, in a company; or
(d)
provisions that confer or impose functions on an incorporated association as a
member, or former member, of a corporation; or
(e)
provisions that relate to dealings by an incorporated association in
securities of a body corporate, other than securities of the incorporated
association itself; or
(f)
provisions that confer or impose functions on an incorporated association in
its dealings with a corporation, not being dealings in securities of the
incorporated association; or
(g)
provisions that relate to securities of an incorporated association, other
than debentures of or deposits with an incorporated association; or
(h)
provisions relating to the futures industry; or
(i)
provisions relating to participants in the securities
industry; or
(j)
provisions relating to the conduct of securities business; or
(k)
provisions relating to dealers’ accounts and audit; or
(l)
provisions relating to money and scrip of dealers’ clients; or
(m)
provisions relating to registers of interests in securities.
(3) The provisions
specified in subsection (2) only apply to an incorporated association to
the extent to which an incorporated association may engage in the activities
covered by those provisions.
[Section 3A inserted by No. 10 of 2001
s. 10; amended by No. 55 of 2010 s. 4.]