Corporations (Fees) Amendment Act 2003

No. 22, 2003

An Act to amend the Corporations (Fees) Act 2001, and for related purposes

Contents

1 Short title

2 Commencement

3 Schedule(s)

Schedule 1—Amendments

Corporations (Fees) Act 2001

Corporations (Fees) Amendment Act 2003

No. 22, 2003

An Act to amend the Corporations (Fees) Act 2001, and for related purposes

[Assented to 11 April 2003]

The Parliament of Australia enacts:

1  Short title

  This Act may be cited as the Corporations (Fees) Amendment Act 2003.

2  Commencement

  This Act commences on 1 July 2003.

3  Schedule(s)

  Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

Corporations (Fees) Act 2001

1  After section 5

Insert:

5A  Differential fees for electronic compliance in relation to a chargeable matter

  The regulations may prescribe, in relation to a chargeable matter, different fees having regard to whether the matter is complied with by electronic means.

2  Paragraph 6(1)(a)

Omit “$5,000”, substitute “$10,000”.

3  Subsection 6(3)

Omit “$25,000”, substitute “$50,000”.

4  Section 8

Omit “sections 5 and 6”, substitute “sections 5, 5A and 6”.

[Minister’s second reading speech made in—

House of Representatives on 12 December 2002

Senate on 26 March 2003]