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CORPORATIONS LEGISLATION AMENDMENT ACT 2003 NO. 24, 2003 - SCHEDULE 3

- Electronic lodgments

Corporations Act 2001

1A At the end of subsection 205G(1)

Add:

Note: Under section 353, ASIC may determine conditions that must be complied with when lodging documents electronically under this subsection.

1B At the end of subsection 205G(3)

Add:

Note: Under section 353, ASIC may determine conditions that must be complied with when lodging documents electronically under this subsection.

1C At the end of subsection 205G(4)

Add:

Note: Under section 353, ASIC may determine conditions that must be complied with when lodging documents electronically under this subsection.

1 Part 2N.2 (heading)

Repeal the heading, substitute:

2 Subsection 352(2)

Repeal the subsection, substitute:

(2) Subsection (1) does not apply to a document covered by section 353.
3 Before Chapter 5

Insert:

(1) ASIC may determine conditions in relation to the electronic lodgment of documents:
(a) that must be given to a relevant market operator under section 205G; or
(b) that must be given to ASIC under section 792C.
(2) The electronic lodgment of a document covered by a determination under subsection (1) is only effective if the lodgment complies with the conditions determined.
(3) ASIC must publish in the Gazette a copy of any determination under subsection (1).
(1) ASIC may, in its discretion, accept telephone notice of a change to a particular in relation to a company or a registered scheme if:
(a) either:
(i) the change relates to a misspelling or other minor typographical error; or
(ii) the change is to a particular included on a list published by ASIC on the Internet for the purposes of this section; and
(b) the notice satisfies the authentication requirements published by ASIC on the Internet for the purposes of this section.
(2) If ASIC accepts telephone notice of a change to a particular under subsection (1), any obligation elsewhere in this Act to lodge a prescribed form in relation to the change is satisfied by the telephone notice. However, this does not affect the company's liability for late lodgment fees incurred before the notice is given or continuing offences committed before that time.
4 Paragraph 1311(1A)(c)

After "2N", insert ", 2P".

5 Before paragraph 1364(2)(s)

Insert:

(o) prescribing that, in relation to the payment of a fee imposed by the Corporations (Fees) Act 2001 or the Corporations (Review Fees) Act 2003 , in the event that the fee is paid by electronic means, a refund of an amount or proportion of the fee is payable; and



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