(2)
For the purposes of subsection (1)
(a)
(3)
(b)
(c)
"a recognized State" is a territory which is
recognized by Her Majesty's Government in the United
Kingdom as a State;
the laws of a territory which is so recognized shall
be taken to include the laws of any part of the
territory which are acknowledged by the federal or
other central government of the territory as a whole;
and
a material question is a question (whether as
capacity, constitution or otherwise) which, in the
case of a body corporate, falls to be determined by
reference to the laws of the territory under which the
body is established.
Any registration or other thing done at a time before the
coming into operation of this section shall be regarded as valid if
it would have been valid at that time, had subsections (1) and (2)
been in operation.
Explanatory Memorandum
The purpose of this Bill is to enable the question of whether a
body has corporate status, in cases where the body was established in
a territory which is not recognized as a State by the Government of
the United Kingdom but which has laws applied by a settled court
system, to be determined as if such territory were a State recognized
by the Government of the United Kingdom.