Federal Register of Legislation
Corporations (National Guarantee Fund Levies) Amendment Act 2001
No. 108, 2001
Corporations (National Guarantee Fund Levies) Amendment Act 2001
No. 108, 2001
An Act to amend the Corporations (National Guarantee Fund Levies) Act 2001
Contents 1 Short title................................... 2 Commencement............................... 3 Schedule(s)..................................
Schedule 1—Amendment of the Corporations (National Guarantee Fund Levies) Act 2001
Corporations (National Guarantee Fund Levies) Amendment Act 2001
No. 108, 2001
An Act to amend the Corporations (National Guarantee Fund Levies) Act 2001
[Assented to 17 September 2001]
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Corporations (National Guarantee Fund Levies) Amendment Act 2001.
2 Commencement
This Act commences on the commencement of item 1 of Schedule 1 to the Financial Services Reform Act 2001.
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Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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—Amendment of the Corporations (National Guarantee Fund Levies) Act 2001
1 Section 3 Omit "Division 4 of Part 7.10", substitute "Division 4 of Part 7.5".
2 Paragraphs 4(a), (b) and (c) Repeal the paragraphs, substitute: (a) any levy that is payable under section 889J of the Corporations Act 2001; (b) any levy that is payable under section 889K of the Corporations Act 2001.
3 Section 4 Omit "section 936", substitute "section 889I".
4 Section 5 Repeal the section, substitute:
5 Amount of levy
(1) A determination referred to in subsection 889J(1) of the Corporations Act 2001 must specify, or specify a method for determining, the amount of levy that is to be payable. The amount of levy imposed by paragraph 4(a) of this Act in relation to the determination is the amount specified in, or worked out in accordance with the method specified in, the determination.
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