Corporations Regulations (Amendment) (Cth)

Statutory Rules 1998

No. 22 1

__________________

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 18 February 1998.

 WILLIAM DEANE

 Governor-General

By His Excellency’s Command,

IAN CAMPBELL

Parliamentary Secretary to the Treasurer

for the Treasurer

____________

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 1.02 (Definitions)

2.1   Subregulation 1.02 (1) (definition of “life office”):

Omit “Life Insurance Act 1945”, substitute “Life Insurance Act 1995”.

3.   Regulation 6.7.01 (Notice given to company by substantial shareholder)

3.1   Subregulation 6.7.01 (3):

Omit “on a”, substitute “on the Exchange, or another”.

4.   Regulation 6.7.02 (Notice of change in the relevant interest or relevant interests of substantial shareholder)

4.1   Subregulation 6.7.02 (2):

Omit “on a”, substitute “on the Exchange, or another”.

5.   Regulation 6.7.03 (Notice to be given to corporation by former substantial shareholder)

5.1   Subregulation 6.7.03 (2):

Omit “on a”, substitute “on the Exchange, or another”.

6.   Regulation 7.12.05 (Excluded issues: Corporations Law, paragraph 66 (2) (n))

6.1   Subparagraph 7.12.05 (a) (iii):

Omit “Life Insurance Act 1945”, substitute “Life Insurance Act 1995”.

6.2   Subparagraph 7.12.05 (a) (vii):

Omit “Life Insurance Act 1945”, substitute “Life Insurance Act 1995”.

7. Regulation 7.12.06 (Excluded offers or invitations: Corporations Law, paragraph 66 (3) (k))

7.1   Subparagraph 7.12.06 (a) (iii):

Omit “Life Insurance Act 1945”, substitute “Life Insurance Act 1995”.

7.2   Subparagraph 7.12.06 (a) (vii):

Omit “Life Insurance Act 1945”, substitute “Life Insurance Act 1995”.

8.   Schedule 2 (Forms)

8.1   Form 306 (Note):

Omit “, ‘the principal executive officer’”.

8.2   Form 602A (Clause 6):

Omit “dissenting offerors”, substitute “dissenting offerees”.

8.3   Form 602A (Directions, paragraph (8) (b)):

Omit “or the principal executive officer”.

9.   Schedule 9 (Authorised trustee corporations)

9.1   After item 5, insert:

“5A Austrust Limited”.

9.2   Items 12 and 13:

Omit the items, substitute:

“12 Executor Trustee Australia Limited”.

_____________________________________________________

NOTES

1. Notified in the Commonwealth of Australia Gazette on 25 February 1998.

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, 81, 102 and 142; 1998 No. 9.