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This is a Bill, not an Act. For current law, see the Acts databases.
CORPORATIONS (FEES) AMENDMENT BILL 2011
2010-2011
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Corporations (Fees) Amendment Bill
2011
No. , 2011
(Treasury)
A Bill for an Act to amend the Corporations (Fees)
Act 2001, and for related purposes
i Corporations (Fees) Amendment Bill 2011 No. , 2011
Contents
1 Short
title
...........................................................................................
1
2 Commencement
.................................................................................
1
3 Schedule(s)
........................................................................................
2
Schedule 1--Fees and financial market supervision
3
Corporations (Fees) Act 2001
3
Corporations (Fees) Amendment Bill 2011 No. , 2011 1
A Bill for an Act to amend the Corporations (Fees)
1
Act 2001, and for related purposes
2
The Parliament of Australia enacts:
3
1 Short title
4
This Act may be cited as the Corporations (Fees) Amendment Act
5
2011.
6
2 Commencement
7
(1) Each provision of this Act specified in column 1 of the table
8
commences, or is taken to have commenced, in accordance with
9
column 2 of the table. Any other statement in column 2 has effect
10
according to its terms.
11
12
2 Corporations (Fees) Amendment Bill 2011 No. , 2011
Commencement information
Column 1
Column 2
Column 3
Provision(s) Commencement
Date/Details
1. Sections 1 to 3
and anything in
this Act not
elsewhere covered
by this table
The day this Act receives the Royal Assent.
2. Schedule 1
The later of:
(a) the day this Act receives the Royal
Assent; and
(b) 1 January 2012.
Note:
This table relates only to the provisions of this Act as originally
1
enacted. It will not be amended to deal with any later amendments of
2
this Act.
3
(2) Any information in column 3 of the table is not part of this Act.
4
Information may be inserted in this column, or information in it
5
may be edited, in any published version of this Act.
6
3 Schedule(s)
7
Each Act that is specified in a Schedule to this Act is amended or
8
repealed as set out in the applicable items in the Schedule
9
concerned, and any other item in a Schedule to this Act has effect
10
according to its terms.
11
12
Fees and financial market supervision Schedule 1
Corporations (Fees) Amendment Bill 2011 No. , 2011 3
Schedule 1--Fees and financial market
1
supervision
2
3
Corporations (Fees) Act 2001
4
1 Subsection 4(1) (paragraph (m) of the definition of
5
chargeable matter)
6
Omit "its functions", substitute "its functions in relation to the operator
7
of a licensed market".
8
2 Subsection 4(1) (paragraph (m) of the definition of
9
chargeable matter)
10
Omit "2001.", substitute "2001;".
11
3 Subsection 4(1) (at the end of the definition of chargeable
12
matter)
13
Add:
14
(n) the performance by ASIC of its functions in relation to a
15
participant in a licensed market under Part 7.2A (Supervision
16
of financial markets) of the Corporations Act 2001.
17
4 Subsection 6(6)
18
Omit "paragraph (m)", substitute "paragraph (m) or (n)".
19
5 Subsection 6A(1)
20
Omit "paragraph (m)", substitute "paragraph (m) or (n)".
21
6 Subparagraph 7(1)(m)(ii)
22
Omit "regulations.", substitute "regulations;".
23
7 At the end of subsection 7(1)
24
Add:
25
(n) for a chargeable matter referred to in paragraph (n) of that
26
definition:
27
(i) person liable--the participant in a licensed market; and
28
(ii) time liability incurred--the time or times determined in
29
accordance with the regulations.
30