Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subject to this section and to section 90, an act done in good faith for the purposes of a proposed or completed amalgamation by:
(a) an organisation or association concerned in the amalgamation; or
(b) the committee of management of such an organisation or association; or
(c) an officer of such an organisation or association;
is valid despite any invalidity that may later be discovered in or in connection with the act.
(2) For the purposes of this section:
(a) an act is treated as done in good faith until the contrary is proved; and
(b) a person who has purported to be a member of the committee of management, or an officer, is to be treated as having done so in good faith until the contrary is proved; and
(c) an invalidity in the making or altering of the scheme for the amalgamation is not to be treated as discovered before the earliest time proved to be a time when the existence of the invalidity was known to a majority of members of the committee of management or to a majority of the persons purporting to act as the committee of management; and
(d) knowledge of facts from which an invalidity arises is not of itself treated as knowledge that the invalidity exists.
(3) This section applies:
(a) to an act whenever done (including an act done before the commencement of this section); and
(b) to an act done to or by an association before it became an organisation.
(4) Nothing in this section affects:
(a) the operation of an order of the Federal Court made before the commencement of this section; or
(b) the operation of section 69, 81 or 87 or Part 2 of Chapter 11 (validation provisions for organisations).