Corporations (Administrative Actions) Bill 2001 |
| Bill No. | 16 |
| Long Title | The purpose of this Bill is to validate past actions of Commonwealth authorities and officers to the extent necessary to give their actions the same effect as they would have if they had been taken by duly authorised State officers. The Bill will ensure that the rights of all persons are the same as they would have been if the administrative actions taken by the Commonwealth officers had been validly exercised by State officers. The validation effected by this Bill is essential to ensure that the activities of the Australian Securities and Investments Commission, ranging from the incorporation of companies to the making of decisions to prosecute offenders, are not vulnerable to constitutional challenge. |
| Status | Assented to 06/28/2001
Royal Assent given 28 Jun 2001 as Act No. 9 of 2001. This Act comes into operation on a day fixed by Proclamation |
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