Corporations Fees Amendment Regulations 2000 (No. 2) (Cth)

Corporations (Fees) Amendment Regulations 2000 (No. 2)

Statutory Rules 2000 No. 38

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under theCorporations Act 1989.

Dated 22 March 2000.

WILLIAM DEANE

Governor-General

By His Excellency’s Command,

JOE HOCKEY

Minister for Financial Services and Regulation

Corporations (Fees) Amendment Regulations 2000 (No. 2)1

Statutory Rules 2000 No. 382

made under the

Corporations Act 1989

   

Contents

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1Name of Regulations

 These Regulations are the Corporations (Fees) Amendment Regulations 2000 (No. 2).

2Commencement

 These Regulations are taken to have commenced on 1 July 1999.

3Amendment of Corporations (Fees) Regulations 1990

Schedule 1 amends the Corporations (Fees) Regulations 1990.

Schedule 1Amendments

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(regulation 3)

[1]Regulation 2A, heading

substitute

2ADefinitions

[2]Regulation 2A, before definition of special purpose company

insert

small transferring financial institution means a transferring financial institution of this jurisdiction:

• (a)

  which is required, under section 345 of the Corporations Law, to lodge its annual return by:

  • (i)

    31 January 2000, or 31 January in a later year; or

  • (ii)

    a different date agreed to by ASIC and the institution; and

• (b)

  for which any of the following circumstances exists on 1 July immediately before that date:

  • (i)

    a levy under the Authorised Deposit-taking Institutions Supervisory Levy Imposition Act 1998 or the Life Insurance Supervisory Levy Imposition Act 1998 is not payable;

  • (ii)

    the minimum levy amount determined under subsection 7 (3) of the Authorised Deposit‑taking Institutions Supervisory Levy Imposition Act 1998 is payable;

  • (iii)

    the minimum levy amount determined under subsection 7 (3) of the Life Insurance Supervisory Levy Imposition Act 1998 is payable.

[3]Regulation 2A, after definition of special purpose company

insert

transferring financial institution of this jurisdiction has the meaning given by clause 1 of Schedule 4 to the Corporations Law.

[4]Schedule, item 7

substitute

7	On lodging the annual return, except a return to which item 7A or 7B applies, of:
(a) a public company, except a special purpose company or a small transferring financial institution	$870
(b) a proprietary company, except a special purpose company	$200
(c) a special purpose company	$35
(d) a registered scheme	$870
(e) a small transferring financial institution, except a special purpose company	$200

Notes

1. These Regulations amend Statutory Rules 1990 No. 456, as amended by 1992 No. 236; 1993 No. 242; 1994 Nos. 34, 199, 303 and 422; 1995 Nos. 124 and 346; 1996 No. 251; 1997 No. 130; 1998 Nos. 184 and 295; 2000 No. 12.

2. Made by the Governor-General on 22 March 2000, and notified in the Commonwealth of Australia Gazette on 29 March 2000.