Commonwealth Numbered Regulations

CORPORATIONS AMENDMENT REGULATIONS 2000 (NO. 6) 2000 NO. 175 - SCHEDULE 1

(regulation 3)

[1] After regulation 5C.11.05

insert

Subsection 601ED (2) of the Corporations Law has effect as if a managed investment scheme does not have to be registered if all the issues of interests in the scheme that have been made would not have needed disclosure to investors under Part 6D.2 of the Law if the scheme had been registered when the issues were made.

[2] Regulations 9.4.01 and 9.4.02

substitute

For paragraph (b) of the definition of prescribed offence in subsection 1313 (8) of the Corporations Law, an offence against a provision mentioned in Schedule 3 to the Corporations Law, to which a penalty of 5 penalty units applies, is prescribed.

For an offence prescribed by regulation 9.4.01 for which a person may be, or has been, given a notice under subsection 1313 (1) of the Corporations Law, the amount of the penalty is:

(a)

if the person is an individual — 1.25 penalty units; and

(b)

if the person is a body corporate — 6.25 penalty units.

[3] Schedule 1, after item 2

insert

[4] Schedule 1, after Chapter 6 heading

insert

[5] Schedule 2, after Form 553

insert

[6] Schedule 2, after Form 2501

insert