Section 370 — Property Law Act 2007: Transitional provisions relating to Companies Amendment Act 2006

370 Transitional provisions relating to Companies Amendment Act 2006 (1) Until the commencement of section 40 of the Companies Amendment Act 2006, section 153(2)(c) and (4) of this Act must be read as if the references to clauses 1(1) and 2(1)(b) of Schedule 7 of the Companies Act 1993 were references to clauses 1 and 9(b) of Schedule 7 of the Companies Act 1993. (2) If section 40 of the Companies Amendment Act 2006 is in force on 1 January 2008, clause 5 of Schedule 7 of the Companies Act 1993 is amended by omitting “ landlord or other ” in each place where it appears. (3) If section 40 of the Companies Amendment Act 2006 is not in force on 1 January 2008,— (a) clause 11 of Schedule 7 of the Companies Act 1993 is amended by omitting “ landlord or other ” in each place where it appears; and (b) the Schedule 7 of the Companies Act 1993 to be substituted by section 40 , and set out in Schedule 1 , of the Companies Amendment Act 2006, is amended by omitting from clause 5 “ landlord or other ” in each place where it appears.