Section 1491 — Corporations Act 2001 (Cth)

(1) Despite section 1350, a provision of this Division does not apply, and is taken never to have applied, to the extent that the operation of the provision would result in an acquisition of property from a person otherwise than on just terms.

(2) In subsection (1), acquisition of property and just terms have the same meanings as in paragraph 51(xxxi) of the Constitution.

Related sections

• s 1488 — Application of amendments—general
• s 1489 — Applications of amendments—application for and grant of licences etc. authorising margin lending financial services
• s 1490 — Application of amendments—between 6 and 12 months after commencement
• s 1492 — Regulations
• s 1493 — Definitions
• s 1494 — Transitional provisions relating to limit on control of trustee companies

Research how courts apply s 1491

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.