Corporations Legislation Amendment (Membership Designations and Other Measures) Regulation 2013 (Cth)

Corporations Legislation Amendment (Membership Designations and Other Measures) Regulation 2013

Select Legislative Instrument No. 125, 2013

I, Professor Marie Bashir AC CVO, Administrator of the Government of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Corporations Act 2001 and the Corporations (Review Fees) Act 2003.

Dated 13 June 2013

Marie Bashir

Administrator

By Her Excellency’s Command

David Bradbury

Assistant Treasurer

Contents

1............ Name of regulation............................................................................. 1

2............ Commencement.................................................................................. 1

3............ Authority............................................................................................ 1

4............ Schedule(s)......................................................................................... 1

Schedule 1—Amendments                                                                       2

Corporations Regulations 2001                                                           2

Corporations (Review Fees) Regulations 2003                                        2

1Name of regulation

This regulation is the Corporations Legislation Amendment (Membership Designations and Other Measures) Regulation 2013.

2Commencement

This regulation commences on 1 July 2013.

3Authority

These regulations are made under the Corporations Act 2001 and the Corporations (Review Fees) Act 2003.

4Schedule(s)

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Corporations Regulations 2001

1  Regulation 2M.4.01A

Repeal the regulation, substitute:

2M.4.01A  Membership designations (Act s 324BE)

For paragraph 324BE(1)(b) of the Act, a designation mentioned in an item of the table is prescribed for membership of the professional accounting body mentioned in the item.

Membership designations
Item	Professional accounting body	Designation
1	Institute of Chartered Accountants in Australia	CA; or FCA
2	CPA Australia	CPA; or FCPA
3	Institute of Public Accountants	FIPA; or MIPA

Corporations (Review Fees) Regulations 2003

2  Part 1 of Schedule 1, (at the end of the table)

Add:

108 A registered entity under the Australian Charities and Not‑for‑profits Commission Act 2012 no fee