Corporations Regulations (Amendment) (Cth)

Statutory Rules 1997No. 102 1

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Corporations Regulations2(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 14 May 1997.

 WILLIAM DEANE

 Governor-General

By His Excellency’s Command,

IAN CAMPBELL

Parliamentary Secretary to the Treasurer

for the

Treasurer

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1.   Amendment

1.1   The Corporations Regulations are amended as set out in these Regulations.

[Note: These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48.]

2. Regulation 3.6.02 (Financial statements: prescribed requirements under subsection 297 (1) of the Corporations Law)

2.1   Paragraph 3.6.02 (2) (a):

Omit the paragraph, substitute:

• “(aa)

  in relation to a financial year commencing on or after 1 January 1991 and ending on or after the date of commencement of this paragraph but before 30 June 1997:

  • (i)

    in applicable accounting standards; or

  • (ii)

    in Schedule 5; or

• (a)

  in relation to a financial year commencing on or after 1 January 1991 and ending before the date of commencement of this paragraph—in Schedule 5; or”.

2.2   Subregulation 3.6.02 (3):

Omit “paragraph (2) (c)”, substitute “paragraph (2) (aa) or (c)”.

[NOTE: The following note should be inserted after regulation 3.6.02:

“[NOTE: As to financial statements in relation to financial years ending on or after 30 June 1997, see section 298 of the Corporations Law.]”.]

NOTES

1. Notified in the Commonwealth of Australia Gazette on 15 May 1997.

2. Statutory Rules 1990 No. 455 as amended by 1991 Nos. 218, 219, 281, 341, 453, 478 and 479; Act No. 200, 1991; Statutory Rules 1992 Nos. 230, 281, 364, 395 and 450; 1993 Nos. 135, 207 and 277; 1994 Nos. 35, 108, 153, 221, 251, 302 and 430; 1995 Nos. 222, 344, 345 and 398; 1996 Nos. 26, 51, 55, 90, 205, 218 and 343; 1997 Nos. 10 and 81.