Commonwealth Numbered Regulations Commonwealth Numbered Regulations
[1] Subregulation 10A (2)
omit
notify ASIC, in an approved form, that
insert
lodge with ASIC a notice, in an approved form, stating that
[2] Paragraph 10A (3) (b)
omit
notify ASIC
insert
lodge with ASIC a notice, in an approved form and stating that the service agreement was entered into,
[3] Paragraph 10A (4) (a)
omit
notify ASIC, in an approved form, that
insert
lodge with ASIC a notice, in an approved form, stating that
[4] Paragraph 10A (4) (b)
omit
notify ASIC
insert
lodge the notice
[5] Paragraph 10A (5) (a)
omit
notify ASIC, in an approved form, of
insert
lodge with ASIC a notice, in an approved form, setting out
[6] Paragraph 10A (5) (b)
omit
notify ASIC
insert
lodge the notice
[7] Subregulation 11 (3)
substitute
(3) A person is exempted if:
(a) the person engages in a credit activity while:
(i) performing functions, or exercising powers, as a trustee within the meaning of the Bankruptcy Act 1966 ; or
(ii) performing functions, or exercising powers, incidental to the person's appointment as a trustee; or
(b) the person engages in a credit activity while:
(i) performing functions, or exercising powers, as a receiver, receiver and manager, provisional liquidator, or liquidator (whether appointed by a court or otherwise); or
(ii) performing functions, or exercising powers, incidental to the person's appointment as a receiver, receiver and manager, provisional liquidator or liquidator; or
(c) the person engages in a credit activity while performing functions, or exercising powers, as a person appointed by a court to engage in a credit activity; or
(d) the person engages in a credit activity while performing functions, or exercising powers, as the Public Trustee acting under a law of a State or Territory; or
(e) the person engages in a credit activity while:
(i) performing functions, or exercising powers, as an administrator within the meaning of the Corporations Act 2001 ; or
(ii) performing functions, or exercising powers, incidental to the person's appointment as an administrator; or
(f) the person engages in a credit activity while:
(i) performing functions, or exercising powers, as a controlling trustee within the meaning of section 187 of the Bankruptcy Act 1966 ; or
(ii) performing functions, or exercising powers, incidental to the person's appointment as a controlling trustee; or
(g) the person engages in a credit activity while:
(i) performing functions, or exercising powers, as a trustee or person administering a compromise or arrangement between a body corporate and another person or person; or
(ii) performing functions, or exercising powers, incidental to the person's appointment as a trustee or person of that kind; or
(h) the person engages in a credit activity while performing functions, or exercising powers, as a personal representative of a deceased person other than a deceased licensee; or
(i) subject to subregulation (4), the person engages in a credit activity while performing functions, or exercising powers, as a personal representative of a deceased licensee; or
(j) the person engages in a credit activity while performing functions, or exercising powers, as a registered debt agreement administrator preparing and administering a debt agreement under Part IX of the Bankruptcy Act 1966 .