Document ID: chunk:federal_register_of_legislation:C2004A02936:schedule:3:p1
Version: federal_register_of_legislation:C2004A02936
Segment Type: schedule
Provision Reference: sch 3 (pt 1/18)
Character Range: 64129–67065

Schedule 3—
Omit the following:
     "Sub-section 127 (2) 1905-1966 1905".

Judiciary Act 1903

Paragraph 39 (2) (d)—
After "such jurisdiction", insert ", or an arbitrator on whom the jurisdiction, or part of the jurisdiction, of that Court is conferred by a prescribed law of the State, within the limits of the jurisdiction so conferred".

Paragraph 39b (2) (a)—
Omit ", the Public Service Arbitration Act 1920".

After sub-section 44 (2)—
Insert the following sub-section:
"(2a) Where a matter in which the Commonwealth, or a person suing or being sued on behalf of the Commonwealth, is a party is at any time pending in the High Court, the High Court may, upon the application of a party or of the High Court's own motion, remit the matter, or any part of the matter, to the Federal Court of Australia.".

Sub-section 44 (3)—
After "sub-section (2)", insert "or (2a)".

Management and Investment Companies Act 1983

After the definition of "member" in sub-section 3 (1)—
Insert the following definition:
     "prescribed business entity' means a business entity that has, or proposes to have, in relation to the business activity or business activities in which the business entity is, or proposes to become, primarily engaged, at least 3 of the following features to a significant extent:
         (a) the use of innovative technology;
         (b) an export orientation;
         (c) international competitiveness;
         (d) the potential for rapid growth;
         (e) the potential for creating skilled employment in Australia;".

Sub-section 3 (3)—
Omit "of nominal prescribed share capital of the licensee".

Paragraph 6 (1) (a)—
Omit "business entities engaged in businesses substantially of the kind described in sub-paragraphs 29 (6) (f) (i) to (v) (inclusive)", substitute "prescribed business entities".

Paragraph 15 (1) (d)—
Omit "none", substitute "not all".

Sub-section 17 (4)—
Omit the sub-section.
SCHEDULE—continued

Sub-section 18 (1)—
     (a) Omit "of prescribed share capital of licensees".
     (b) After "approved capital", insert "of licensees".

Sub-section 18 (2)—
(a) Omit "of prescribed share capital of licensees".
     (b) Omit "in that financial year", substitute "of licensees in the financial year to which the first-mentioned notice relates".

Paragraph 20 (2) (d)—
Omit the paragraph, substitute the following paragraph:
     "(d) the amount for which the approval of the Board is sought by the applicant as approved capital of the applicant for the purposes of this Act;".

Sub-section 21 (1)—
Omit all the words after "in the licence", substitute "that an amount equal to or exceeding the amount of the paid-up prescribed share capital of the applicant on the day on which the licence is granted is approved capital of the licensee for the purposes of this Act".

Sub-section 21 (3)—
Omit "business entities engaged in businesses substantially of the kind described in sub-paragraphs 29 (6)