Document ID: chunk:federal_register_of_legislation:C2004A04041:section:1990:p195
Version: federal_register_of_legislation:C2004A04041
Segment Type: section
Provision Reference: s 1990 (pt 195/212)
Character Range: 506235–509330

(first occurring).

Paragraph 206la (1) (c):

  Insert "on-market purchase, an" after "an" (first occurring).

                       SCHEDULE 7 Section 15

AMENDMENTS OF THE AUSTRALIAN SECURITIES
COMMISSION ACT 1989

Subsection 5 (1) (definition of "affairs"):

  Omit "Corporations Act 1989", substitute "Corporations Law".

Subsection 5 (1) (definition of "appropriate officer"):

  Omit the definition.

Subsection 5 (1) (definition of "company"):

  Omit the definition.

Subsection 5 (1) (definition of "contravention"):

  Omit "of the Commonwealth".

Subsection 5 (1) (definition of "examination"):

  Omit the definition, substitute:

" 'examination' means:

     (a) in this section, and Part 3 (other than subsection 27 (2) and Division 9)—an examination of a person pursuant to a requirement made under section 19; or

     (b) in subsection 27 (2) and Division 9 of Part 3—an examination of a person pursuant to a requirement made under section 19 or a corresponding provision of the ASC Law of another jurisdiction;".

Subsection 5 (1) (definition of "federal proceeding"):

  Omit the definition.

Subsection 5 (1) (definition of "foreign country"):

  Omit the definition, substitute:

" 'foreign country' means:

  (a) an external Territory to which this Act does not extend; or

  (b) a country outside Australia and the external Territories; or

  (c) a part of such a country;".

Subsection 5 (1) (definition of "national scheme law"):

  Omit the definition, substitute:

" 'national scheme law' means:

   (a) the following:

       (i) the Corporations Act 1989;

SCHEDULE 7—continued

      (ii) the Corporations Law of the Capital Territory;

      (iii) this Act; or

     (b) a law of another jurisdiction that corresponds to an Act or Law referred to in paragraph (a);".

Subsection 5 (1) (definition of "Panel"):

  Insert "established by section 171" after "Securities Panel".

Subsection 5 (1) (definition of "Parliamentary Committee"):

  Insert "referred to in section 241" after "Securities".

Subsection 5 (1) (definition of "proceeding"):

  Omit the definition, substitute:

" 'proceeding' means:

  (a) a proceeding in a court; or

     (b) a proceeding or hearing before, or an examination by or before, a tribunal;

whether the proceeding, hearing or examination is of a civil, administrative, criminal, disciplinary or other nature;".

Subsection 5 (1) (definition of "Review Board"):

  Omit the definition.

Subsection 5 (1):

  Insert:

" 'national scheme law of this jurisdiction' means an Act or Law referred to in paragraph (a) of the definition of 'national scheme law' in this subsection;

'non-applied provisions' means the following provisions of this Act:

  Part 1 (other than section 6a)
  Part 2
  Section 88
  Divisions 1 and 4 of Part 4
  Part 5
  Part 6
  Division 1 of Part 7
  Part 8
  Part 9
  Division 1 of Part 10
  Division 1 of Part 11
  Part 12
  Part 14
  Sections 251 and 252;

'prescribed' means prescribed by this Act or the regulations;

SCHEDULE 7—continued

'regulations' means the ASC Regulations of this jurisdiction;