Constitution of Urabba Parks/Section 8: Difference between revisions

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= Entry survival and severance of agreement =
= Entry survival and severance of agreement =
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:(b)  is severable to the extent that it provides for arbitration of any matter that under an Australian law or by public policy is to be determined in a forum as determined under an Australian law, including but not limited to a person’s rights under the ''Corporations Act 2001'' of the Parliament of the Commonwealth, but only to that extent.
:(b)  is severable to the extent that it provides for arbitration of any matter that under an Australian law or by public policy is to be determined in a forum as determined under an Australian law, including but not limited to a person’s rights under the ''Corporations Act 2001'' of the Parliament of the Commonwealth, but only to that extent.
= Relevant notes from the Explanatory Memorandum =





Revision as of 18:54, 23 September 2021

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Entry survival and severance of agreement

(1)  A person is taken to have entered into the agreement of jurisdiction if:

(a)  the person becomes unconditionally entitled to be registered as a holder of membership of Urabba Parks;
(b)  the person becomes a party to a deed or agreement expressly providing for the person to be bound by the agreement of jurisdiction; or
(c)  under the terms of a deed or agreement of which the person is a party or which has effect on the person where the person is liable to be bound by the agreement of jurisdiction.

(2)  The agreement of jurisdiction:

(a)  shall survive:
(i)  the resignation, cessation or resumption of membership of Urabba Parks by a person;
(ii)  the cessation or termination of any other agreement; and
(b)  is severable to the extent that it provides for arbitration of any matter that under an Australian law or by public policy is to be determined in a forum as determined under an Australian law, including but not limited to a person’s rights under the Corporations Act 2001 of the Parliament of the Commonwealth, but only to that extent.

Relevant notes from the Explanatory Memorandum