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StatuteCorporations Act 2001

Section 840C — Corporations Act 2001: Directions to manage or respond to crisis—relationship with other provisions

Text of the provision Official document

If a direction under subsection 840A(1) directs a CS facility licensee to change any of the facility’s operating rules or procedures, neither of the following provisions apply in relation to the change: (a) subsection 822D(2) (about change ceasing to have effect if ASIC not notified); (b) section 822E (about disallowance). Note: The licensee would still need to notify ASIC of the change: see subsection 822D(1).

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.