Norfolk Island Continued Laws Amendment (Coronavirus Economic Response Measures) Rules (No. 3) 2020

I, Nola Marino, Assistant Minister for Regional Development and Territories and Parliamentary Secretary to the Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development, make the following rules.

Dated 22 December 2020

Nola Marino

Assistant Minister for Regional Development and Territories
Parliamentary Secretary to the Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development

Contents

1  Name

2  Commencement

3  Authority

4  Schedules

Schedule 1—Amendments

Part 1—Amendment of the Bankruptcy Act 2006 (Norfolk Island)

Norfolk Island Continued Laws Ordinance 2015

Part 2—Amendment of the Companies Act 1985 (Norfolk Island)

Norfolk Island Continued Laws Ordinance 2015

Part 3—Consequential amendment

Norfolk Island Continued Laws Ordinance 2015

1  Name

  This instrument is the Norfolk Island Continued Laws Amendment (Coronavirus Economic Response Measures) Rules (No. 3) 2020.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under section 6 of the Norfolk Island Continued Laws Ordinance 2015.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Part 1—Amendment of the Bankruptcy Act 2006 (Norfolk Island)

Norfolk Island Continued Laws Ordinance 2015

1  Item 22BD of Schedule 1 (paragraph (b) of the definition of statutory minimum in section 3)

Omit “$2,000”, substitute “$10,000”.

2  Item 22F of Schedule 1 (note after paragraph 8)

Omit “$2,000”, substitute “$10,000”.

Part 2—Amendment of the Companies Act 1985 (Norfolk Island)

Norfolk Island Continued Laws Ordinance 2015

3  Item 38A of Schedule 1 (paragraph (b) of the definition of statutory minimum in section 6)

Omit “$1,000”, substitute “$2,000”.

4  Item 42AB of Schedule 1 (Part 30 (heading))

Repeal the heading, substitute:

Part 30—Meetings and company documents

5  Item 42AB of Schedule 1 (section 678)

Repeal the section.

Part 3—Consequential amendment

Norfolk Island Continued Laws Ordinance 2015

6  Item 410 of Schedule 1

Repeal the item.