Corporations (Commonwealth Powers) (Reference Period Extension) Proclamation 2011 (NSW)

2011 No 128

New South Wales

Corporations (Commonwealth Powers)

(Reference Period Extension)

Proclamation 2011

under the

Corporations (Commonwealth Powers) Act 2001

MARIE BASHIR, Governor I, Professor Marie Bashir AC, CVO, Governor of the State of New South Wales, with the advice of the Executive Council, and in pursuance of section 6 (1) of the Corporations (Commonwealth Powers) Act 2001, make the following Proclamation. Signed and sealed at Sydney, this 2nd day of March 2011.

By Her Excellency’s Command,

JOHN HATZISTERGOS, MLC
Attorney General

GOD SAVE THE QUEEN!

Explanatory note

Section 4 (1) (a) and (b) of the Corporations (Commonwealth Powers) Act 2001 (the Act) refer certain matters relating to corporations and financial products and services to the Parliament of the Commonwealth for the purposes of section 51 (xxxvii) of the Constitution of the Commonwealth. Section 5 (1) of the Act originally set the termination date of those references as the fifth anniversary of the day of commencement of the Corporations Act 2001 of the Commonwealth and the Australian Securities and Investments Commission Act 2001 of the Commonwealth (the Corporations legislation). The Corporations legislation commenced on 15 July 2001. The period of the references was extended by an additional 5 years to 15 July 2011 by a Proclamation made under section 6 (1) of the Act and published in the Gazette on 23 June 2006.

The object of this Proclamation is to extend the period of the references set out in section 4 (1) (a) and (b) for an additional five years.

Published LW 3 March 2011	Page 1
2011 No 128	Corporations (Commonwealth Powers) (Reference Period Extension)
Clause 1	Proclamation 2011

Corporations (Commonwealth Powers) (Reference

Period Extension) Proclamation 2011

under the

Corporations (Commonwealth Powers) Act 2001

1      Name of Proclamation

This Proclamation is the Corporations (Commonwealth Powers)
(Reference Period Extension) Proclamation 2011.

2      Commencement

This Proclamation commences on the day on which it is published on the NSW legislation website.

3      Extension of period of references

The 15th of July 2016 is fixed as the day on which both the references (within the meaning of the Corporations (Commonwealth Powers) Act 2001) terminate.