(1) Subject to sections 1337S, 1337T and 1337U, if it appears to a court that, in determining a matter for determination in a proceeding, the court will, or will be likely to, be exercising relevant jurisdiction, the rules of evidence and procedure to be applied in dealing with that matter are to be the rules that:
(a) are applied in a superior court in Australia; and
(b) the court considers appropriate to be applied in the circumstances.
(2) If a proceeding is transferred or removed to a court (the transferee court ) from another court (the transferor court ), the transferee court must deal with the proceeding as if, subject to any order of the transferee court, the steps that had been taken for the purposes of the proceeding in the transferor court (including the making of an order), or similar steps, had been taken in the transferee court.
(3) In this section:
"relevant jurisdiction" means:
(a) jurisdiction conferred on the Federal Court of Australia or the Federal Circuit and Family Court of Australia (Division 1) with respect to civil matters arising under the Corporations Legislation; or
(b) jurisdiction conferred on a court of a State or Territory with respect to matters referred to in subsection 1337B(3).