Commonwealth Numbered Acts Commonwealth Numbered Acts(1) Without limiting the scope of the other sections of this Part, the Rules may:
(a) make provision in respect of a matter regardless of whether it relates to Australia; and
(b) make provision in respect of a matter by reference to the effects of a foreign legal system; and
(c) make provision in respect of a matter by reference to the contents of an instrument or publication of an International Organisation; and
(d) make provision in respect of a matter by reference to the operation of any of the following:
(i) accounting standards (whether Australian or otherwise);
(ii) financial reporting standards (whether Australian or otherwise);
(iii) generally accepted accounting principles (whether Australian or otherwise); and
(e) make provision in respect of the translation of amounts:
(i) to or from Australian currency; and
(ii) to or from one foreign currency to another foreign currency; and
(f) make provision for the making of a Five - Year Election, Annual Election or other election by an Entity or Constituent Entity; and
(g) make provision in respect of a matter by reference to the contents of such an election; and
(h) make provision for the use of approved forms; and
(i) make provision in respect of an amount even if the amount is zero or a negative amount; and
(j) make provision by reference to deemed matters, including (but not limited to) the following:
(i) groups that are deemed to be, or not to be, Groups or MNE Groups;
(ii) entities that are deemed to be, or not to be, Entities, Group Entities or Constituent Entities;
for any purpose related to the Rules; and
(k) make provision with respect to transitional, application and savings matters arising from the making of the Rules or amendments to the Rules.
(2) To avoid doubt, the paragraphs of subsection (1) do not limit each other.