Corporations (Commonwealth Powers) Bill 2001 (Qld)

Queensland

CORPORATIONS (COMMONWEALTH POWERS) BILL 2001

Queensland

CORPORATIONS (COMMONWEALTH POWERS) BILL 2001

TABLE OF PROVISIONS Section Page 1 Short title and purpose of Act ............. 000. c cece cece 4 2 Commencement. ......... 0... eee eee eee eee eens 4 3 Definitions... 0.0... eee eee 4 4 Reference of matters... 0... eee eee ee 5 5 Termination of references ....... 0.0... 7 6 Extension of period of reference by proclamation .................... 8 7 Earlier termination of reference by proclamation...................5. 8 8 Evidence ... 0... eee eee eee eee 9 9 Operation of Act 2.0.0... ccc eee eee 9

A BILL FOR

An Act to refer certain matters relating to corporations and financial products and services to the Parliament of the Commonwealth for the purposes of section 51(xxxvii) of the Constitution of the Commonwealth

sl 4 s3 Corporations (Commonwealth Powers) Bill 2001

The Parliament of Queensland enacts—

1 Short title and purpose of Act

(1) This Act may be cited as the Corporations (Commonwealth Powers) Act 2001.

(2) The purpose of this Act is to refer certain matters relating to corporations and financial products and services to the Parliament of the Commonwealth for the purposes of section 51(xxxvii) of the Constitution of the Commonwealth, so as to enable that Parliament to make laws that apply of their own force in the State, instead of those matters being dealt with by the Corporations Law and other applied laws.

(3) Nothing in this Act is intended to enable the making of a law pursuant to the amendment reference with the sole or main underlying purpose or object of regulating industrial relations matters even if, but for this subsection, the law would be a law with respect to a matter referred to the Parliament of the Commonwealth by the amendment reference.

2 Commencement