Document ID: chunk:federal_register_of_legislation:C2023A00046:clause:1_7
Version: federal_register_of_legislation:C2023A00046
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 42420–43060

7  After subsection 601AH(1A)
Insert:
 (1B) ASIC may reinstate the registration of a company deregistered under subsection 601AB(1C) if:
 (a) ASIC receives an application in relation to the reinstatement of the company's registration; and
 (b) the instalments of levy (within the meaning of the Financial Services Compensation Scheme of Last Resort Levy (Collection) Act 2023) imposed on the company are paid in full; and
 (c) the amount of any late payment penalty payable in relation to the instalments of levy is paid in full; and
 (d) the amount of any shortfall penalty payable in relation to the instalments of levy is paid in full.