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

1 Name of Regulations

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

2 Commencement

  These Regulations commence on 1 January 2004.

3 Amendment of Corporations (Review Fees) Regulations 2003

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

Schedule 1 Amendments

(regulation 3)

 

[1] Regulation 4

substitute

4 Review fees

 (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) 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) 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 1 Review fees

(regulation 4)

Part 1 Fees

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 2 Late 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 on 23 December 2003.