Commonwealth Numbered Acts

COMPANIES ACT 1981 No. 89 of 1981 - SECT 165

165. (1) For the purposes of this Division, a deed is an approved deed if-

   (a)  an approval has been granted to the deed under this Division or under
        any corresponding previous law of the Territory; and

   (b)  an approval has been granted under this Division or under any
        corresponding previous law of the Territory to the trustee or
        representative appointed for the purposes of the deed acting as
        trustee or representative and that approval has not been revoked and
        the trustee or representative has not ceased to hold office.

(2) In the case of a management company that is a recognized company or is a
recognized foreign company, a deed is an approved deed for the purposes of
this Division if the deed and the company acting as trustee or representative
for the purposes of the deed have been approved under the provisions of the
law of the participating State or participating Territory in which that
recognized company or recognized foreign company is incorporated or registered
that correspond with this Division.