NSW Legislation
Australian Mutual Provident Society Act 1988 No 47
An Act to provide for the application of certain laws to the Australian Mutual Provident Society.
Part 1 Preliminary
1 Name of Act This Act may be cited as the Australian Mutual Provident Society Act 1988.
2 Commencement (1) Sections 1 and 2 commence on the date of assent to this Act. (2) Except as provided by subsection (1), this Act commences on a day or days to be appointed by proclamation. (3) A proclamation shall not be made under this section unless: (a) AMP has lodged with the Corporate Affairs Commission proposed by-laws that have been approved by the Minister, and (b) the Corporate Affairs Commission has issued a certificate stating that the proposed by-laws have been lodged with it. (4) Subject to section 11 (2) of the Australian Mutual Provident Society (Demutualisation and Reconstruction) Act 1997, AMP's proposed by-laws shall be divided into: (a) Part 1 which contains only matter of a type appropriate for inclusion in a memorandum of association, and (b) Part 2 which contains only matter of a type appropriate for inclusion in articles of association. (5) The Corporate Affairs Commission is required to accept the proposed by-laws lodged in accordance with this section and to issue a certificate for the purposes of this section.
3 Definitions (1) In this Act: AMP means Australian Mutual Provident Society continued as a body corporate by the Australian Mutual Provident Society's Act 1910. Code means the Companies (New South Wales) Code. Code regulations means the provisions applying as regulations made under the Code because of section 7 of the Companies (Application of Laws) Act 1981. member means a member of AMP. officer has the same meaning as it has in the Code. (2) In this Act, a reference to the Code or the Code regulations is a reference to that Code or those regulations: (a) as in force on the commencement of section 4, or (b) if the regulations under this Act so provide, as in force at a later specified time.
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