Corporations (Fees) Regulations (Amendment) (Cth)

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Statutory Rules 1995

No. 346 1

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Corporations (Fees) Regulations 2(Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Corporations Act 1989.

Dated 16 November 1995.

 BILL HAYDEN

 Governor-General

By His Excellency’s Command,

M. LAVARCH

Attorney-General

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1.   Commencement

1.1   These Regulations commence on 9 December 1995.

2.   Amendment

2.1   The Corporations (Fees) Regulations are amended as set out in these Regulations.

3.   Schedule (Fees)

3.1   Part 1 (paragraph (c) of the definition of “special purpose company”):

Omit “an exempt proprietary company”, substitute “a proprietary company other than a company to which item 7A or 7B applies”.

3.2   Part 2, paragraph (b) of item 7:

Omit “an exempt proprietary company referred to in paragraph (c)”, substitute “a special purpose company”.

3.3   Part 2, item 7:

Add at the end “other than a return referred to in item 7A or 7B”.

3.4   After item 7, insert:

“7A

On lodging the annual return of a proprietary company that was registered during the period commencing on 1 July and ending at the end of 31 December in a year, if the annual return is for the calendar year in which the company was registered

no fee

7B

On lodging the annual return of a proprietary company if:

(a) the company was registered during the period commencing on 1 January 1995 and ending at the end of 30 June 1995; and

(b) the first financial year of the company ends after 30 June 1995; and

(c) the annual return is for the calendar year in which the company was registered

no fee”.

3.5   Part 2, item 33:

Omit “a director, secretary or principal executive officer”, substitute “a director or secretary”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 23 November 1995.

2. Statutory Rules 1990 No. 456 as amended by 1992 No. 236; 1993 No. 242; 1994 Nos. 34, 199, 303 and 422; 1995 No. 124.

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