Western Australian Consolidated Acts (1) Part 5.1 of
the Corporations Law applies as if references to a Part 5.1 body included
reference to a Part 5.7 body.
(2) In relation to the
further law for this State that applies because of subsection (1), the
Governor may, by regulations, make like provision as would apply under this
Act if that further law were part of the Corporations Law.
(3) Section 615
of the Corporations Law does not apply in relation to an acquisition of shares
under a compromise or arrangement approved under —
(a)
Part 5.1 of the Corporations Law as applied by subsection (1); or
(b)
section 315 of the Companies (Western Australia) Code .