Corporations Regulations (Amendment) (Cth)

Statutory Rules 1997

No. 10 1

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Corporations 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 5 February 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.   New regulation 8.1.01A

2.1   After regulation 8.1.01, insert:

Exemption of transactions relating to sporting events from Chapter 8 of the Corporations Law

“8.1.01A.Chapter 8 of the Corporations Law does not have effect in relation to any transaction based on an agreement that comes within the definition of ‘adjustment agreement’ in section 9 of the Corporations Law if that transaction relates to the course or outcome of a sporting event.”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 12 February 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 and 218.