Corporations (Review Fees) Amendment Regulations 2003 (No. 1) (Cth)

Corporations (Review Fees) Amendment Regulations 2003 (No. 1)1

Statutory Rules 2003 No. 3702

I, PHILIP MICHAEL JEFFERY, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Corporations (Review Fees) Act 2003.

Dated 18 December 2003

P. M. JEFFERY

Governor-General

By His Excellency’s Command

ROSS CAMERON

Parliamentary Secretary to the Treasurer

1Name of Regulations

These Regulations are the Corporations (Review Fees) Amendment Regulations 2003 (No. 1).

2Commencement

These Regulations commence on 1 January 2004.

3Amendment of Corporations (Review Fees) Regulations 2003

Schedule 1 amends the Corporations (Review Fees) Regulations 2003.

Schedule 1Amendments

(regulation 3)

  

[1]Regulation 4

substitute

4Review fees

1. (1)

   For subsection 5 (1) of the Corporations (Review Fees) Act 2003, fees are prescribed in relation to review dates for a company or registered scheme mentioned in column 2 of Part 1 of Schedule 1.

2. (2)

   For subsection 5 (1) of the Corporations (Review Fees) Act 2003, fees are prescribed in relation to review dates for a company or registered scheme in the circumstances mentioned in column 2 of Part 2 of Schedule 1.

3. (3)

   Subject to regulation 5, for subsection 6 (1) of the Corporations (Review Fees) Act 2003, the amounts mentioned in column 3 of a Part of Schedule 1 are specified as review fees.

[2]Schedule 1

substitute

Schedule 1Review fees

(regulation 4)

Part 1Fees

Item	Company, registered scheme or person	Fee ($)
101	A public company, except a special purpose company or a small transferring financial institution	1 000
102	A proprietary company, except a special purpose company	200
103	A special purpose company	40
104	A registered scheme	1 000
105	A registered scheme that is being wound up	no fee
106	A small transferring financial institution, except a special purpose company	200
107	A company in liquidation	no fee

Part 2Late fees

Item	Circumstance	Fee ($)
201	Paying a review fee mentioned in Part 1 after the date on which the fee becomes due and payable, but within 1 month after that date	65
202	Paying a review fee mentioned in Part 1 more than 1 month after the date on which the fee becomes due and payable	270
Note For when a fee becomes due and payable, see subsection 1351 (3) of the Act.

Notes

1. These Regulations amend Statutory Rules 2003 No. 160.

2. Notified in the Commonwealth of Australia Gazette