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CORPORATIONS ACT 2001 - SECT 601BM Effect of registration under this Part

CORPORATIONS ACT 2001 - SECT 601BM

Effect of registration under this Part

  (1)   Registration under this Part does not:

  (a)   create a new legal entity; or

  (b)   affect the body's existing property, rights or obligations (except as against the members of the body in their capacity as members); or

  (c)   render defective any legal proceedings by or against the body or its members.

  (2)   This Part sets out special provisions for companies registered under this Part.