Transitional—pre‑commencement approvals granted for preservation of voting power
(1) This section applies to an approval to hold a particular percentage of voting power in a body corporate if the approval: (a) was in force immediately before the commencement time; and (b) was taken to be granted under section 851B because of the operation of section 851I as in force at that time. (2) The approval continues in force (and may be dealt with) at and after the commencement time as if the approval were granted under section 851B because of the operation of section 851I as amended by Part 3 of the amending Schedule.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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