Statutory Rules
1981 No. 129
REGULATION UNDER THE NATIONAL COMPANIES AND SECURITIES COMMISSION ACT 1979*
WHEREAS it is provided by sub-section (4) of section 53 of the National Companies and Securities Commission Act 1979 that the power of the Governor-General to make regulations under that Act shall be exercised only in accordance with advice that is consistent with resolutions of the Ministerial Council for Companies and Securities established under the Agreement made on 22 December 1978 between the Commonwealth and the States:
AND WHEREAS it is provided by section 16a of the Acts Interpretation Act 1901 that a reference in an Act to the Governor-General is, unless the contrary intention appears, to be deemed to include the person for the time being administering the Government of the Commonwealth of Australia and is, unless the contrary intention appears, to be read as referring to that person acting with the advice of the Federal Executive Council:
AND WHEREAS the making of the following Regulation is in accordance with advice that is consistent with those resolutions:
NOW THEREFORE I, the Administrator of the Government of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the National Companies and Securities Commission Act 1979.
Dated this third day of June 1981.
STANLEY BURBURY
Administrator
By His Excellency’s Command,
Minister of State for Business and Consumer Affairs
*Notified in the Commonwealth of Australia Gazette on 12 June 1981.
†Statutory Rules 1980 No. 5.
S.R. No. 81/80 Cat. No. —Recommended retail price 20c 88/11.5.1981.
AMENDMENT OF THE NATIONAL COMPANIES AND SECURITIES COMMISSION REGULATIONS†
After regulation 10 of the National Companies and Securities Commission Regulations the following regulations are inserted:
Prescribed enactments for the purposes of sub-section 41 (4) of the Act
“11. For the purposes of sub-section 41 (4) of the Act, the Securities Industry Act 1980 of the Commonwealth and the Corporate Affairs Commission Ordinance 1980 of the Australian Capital Territory are prescribed.
Prescribed enactments for the purposes of paragraph 47 (1) (a) of the Act
“12. For the purposes of paragraph 47 (1) (a) of the Act, the Securities Industry Act 1980 of the Commonwealth and the Corporate Affairs Commission Ordinance 1980 of the Australian Capital Territory are prescribed.
Prescribed enactments for the purposes of paragraph 47 (2) (a) of the Act
“13. For the purposes of paragraph 47 (2) (a) of the Act, each of the following laws is prescribed:
Companies (Acquisition of Shares) Act 1980 of the Commonwealth;
Companies (Acquisition of Shares) (Application of Laws) Act, 1981 of the State of New South Wales;
Companies (Acquisition of Shares) (Application of Laws) Act 1981 of the State of Queensland;
Companies (Acquisition of Shares) (Application of Laws) Act, 1981 of the State of South Australia;
Companies (Acquisition of Shares) (Application of Laws) Act 1981 of the State of Tasmania;
Companies (Acquisition of Shares) (Application of Laws) Act 1981 of the State of Victoria;
Companies (Acquisition of Shares) (Application of Laws) Act 1981 of the State of Western Australia;
National Companies and Securities Commission (State Provisions) Act, 1981 of the State of New South Wales;
National Companies and Securities Commission (State Provisions) Act 1981 of the State of Queensland;
National Companies and Securities Commission (State Provisions) Act, 1981 of the State of South Australia;
National Companies and Securities Commission (State Provisions) Act 1981 of the State of Tasmania;
National Companies and Securities Commission (State Provisions) Act 1981 of the State of Victoria;
National Companies and Securities Commission (State Provisions) Act 1980 of the State of Western Australia;
Securities Industry (Application of Laws) Act, 1981 of the State of New South Wales;
Securities Industry (Application of Laws) Act 1981 of the State of Queensland;
Securities Industry (Application of Laws) Act, 1981 of the State of South Australia;
Securities Industry (Application of Laws) Act 1981 of the State of Tasmania;
Securities Industry (Application of Laws) Act 1981 of the State of Victoria;
Securities Industry (Application of Laws) Act 1981 of the State of Western Australia;
Securities Industry Act 1980 of the Commonwealth.
Prescribed enactments for the purposes of paragraph 48 (1) (a) of the Act
“14. For the purposes of paragraph 48 (1) (a) of the Act, the Securities Industry Act 1980 of the Commonwealth and the Corporate Affairs Commission Ordinance 1980 of the Australian Capital Territory are prescribed.
Prescribed enactments for the purposes of sub-section 49 (1) of the Act
“15. For the purposes of sub-section 49 (1) of the Act, the Securities Industry Act 1980 of the Commonwealth and the Corporate Affairs Commission Ordinance 1980 of the Australian Capital Territory are prescribed.”.
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