Australian Securities and Investments Commission Act 2001
1 Subsection 12CB(2)
Omit "Court" (wherever occurring), substitute "court".
2 Paragraphs 12CB(4)(a) and (b)
Omit "Court", substitute "court".
3 Subsections 12CC(2) and (3)
Omit "Court" (wherever occurring), substitute "court".
4 Paragraphs 12CC(5)(a) and (b)
Omit "Court", substitute "court".
5 Subsections 12CC(8), (9) and (10)
Repeal the subsections.
6 Application of item 5
The amendments made by item 5 of this Schedule apply in relation to conduct engaged in after the commencement of that item, including conduct in relation to contracts for the supply or acquisition of goods or services whether made before or after that commencement.
7 After subsection 10(1A)
Insert:
(1B) Before the Governor‑General appoints a person as a Deputy Chairperson, the Minister must be satisfied that, immediately after the appointment, there will be at least one Deputy Chairperson who has knowledge of, or experience in, small business matters.
8 Subsection 51AB(2)
Omit "Court" (wherever occurring), substitute "court".
9 Paragraphs 51AB(4)(a) and (b)
Omit "Court", substitute "court".
10 Subsections 51AC(3) and (4)
Omit "Court" (wherever occurring), substitute "court".
11 Paragraphs 51AC(6)(a) and (b)
Omit "Court", substitute "court".
12 Subsections 51AC(9), (10) and (11)
Repeal the subsections.
13 Application of item 12
The amendments made by item 12 of this Schedule apply in relation to conduct engaged in after the commencement of that item, including conduct in relation to contracts for the supply or acquisition of goods or services whether made before or after that commencement.
13A Subsection 86(1A)
Omit "or the Commission".
14 After subsection 155(3A)
Insert:
(4) A member of the Commission may exercise, or continue to exercise, a power under subsection (1) in relation to a matter referred to in that subsection until:
(a) the Commission commences proceedings in relation to the matter (other than proceedings for an injunction, whether interim or final); or
(b) the close of pleadings in relation to an application by the Commission for a final injunction in relation to the matter.
15 Application of item 14
(1) Item 14 applies in relation to a matter referred to in subsection 155(1) of the Trade Practices Act 1974 whether the matter arose before or after the commencement of that item.
(2) Without limiting subitem (1), item 14 of this Schedule applies even if an interim injunction has been granted in relation to the matter.
[ Minister's second reading speech made in--
House of Representatives on 26 June 2008
Senate on 2 September 2008 ]
(140/08) |