Document ID: chunk:federal_register_of_legislation:C2004A03415:body:0:p54
Version: federal_register_of_legislation:C2004A03415
Segment Type: other
Provision Reference: 
Character Range: 133550–136412

transfer day in relation to the transferring exchange:
     (a) cause to be prepared a statement of the assets and liabilities of its fidelity fund as on that day; and
     (b) appoint a registered company auditor to audit the statement.
"(2) Without limiting the generality of subsection (1), a statement prepared under that subsection shall set out full particulars, so far as known when the statement is prepared, of all liabilities (including contingent liabilities) of the transferring exchange's fidelity fund in respect of transferred claims.
"(3) An auditor appointed to audit a statement prepared under subsection (1) in relation to a transferring exchange's fidelity fund shall, within 1 month after the statement is prepared:
     (a) audit the statement; and
     (b) cause a report on the statement to be laid before the Board and a copy of the report to be given to the committee of the transferring exchange.
"(4) The Board shall give to the Commission a copy of a report laid before the Board under this section, and a copy of the statement to which the report relates, within 14 days after the report is laid before the Board.

Application of liability provisions in relation to transferred claims
"122zh. On and after the transfer day in relation to a transferring exchange, the liability provisions have effect, for the purposes of a transferred claim in relation to the transferring exchange, as if, except in relation to a time before that day:
     (a) a reference in those provisions to the fidelity fund of a securities exchange were a reference to the Fund;
     (b) a reference in those provisions to the committee of a securities exchange were a reference to the Board; and
     (c) a reference in those provisions to a securities exchange were a reference to the Corporation;
and with such other modifications as the circumstances require.".

PART III—AMENDMENTS OF COMPANIES (ACQUISITION OF SHARES) ACT 1980

Principal Act
16. The Companies (Acquisition of Shares) Act 19802 is in this Part referred to as the Principal Act.

Definitions
17. Section 6 of the Principal Act is amended:
     (a) by inserting before the definition of "business rules" the following definition:
        " 'board', in relation to a body corporate, means the committee of management, board of directors, council or other governing authority of the body corporate;";
     (b) by omitting the definition of "home stock exchange" and substituting the following definitions:
        " 'dealer' means a member of the Exchange;
        'Exchange' means Australian Stock Exchange Limited;
        'Exchange subsidiary' means a securities exchange, or a stock exchange, that is a subsidiary of the Exchange;
        'home stock exchange', in relation to a stock exchange listed company, means the stock exchange designated to the company, for the purposes of the