Document ID: chunk:federal_register_of_legislation:C2004A04501:body:0:p12
Version: federal_register_of_legislation:C2004A04501
Segment Type: other
Provision Reference: 
Character Range: 78190–82490

application of old Part 5.3 and related provisions
                                                                                                 1381.                                                                  Certain provisions continue to apply in relation to official management
                                                                                                 1382.                                                                  Application of new provisions relating to winding up
                                                                                                 1383.                                                                  Continued application of old Parts 5.4, 5.5 and 5.6
                                                                                                 1384.                                                                  Continued application of old sections 589, 590 and 592
                                                                                                 1385.                                                                  Continued effect of authorisations under subsections 597(1) and 598(1)
                                                                                                 1386.                                                                  Continued application of old section 597
                                                                                                 1387.                                                                  Application of change to paragraph 1091(1A)(b)
                                                                                                 1388.                                                                  Application of change to section 1301
                                                                                                 1389.                                                                  Application of Part 9.4B to contravention committed before that Part commenced

TABLE OF PROVISIONS—continued

SCHEDULE 1
AMENDMENTS OF THE CORPORATIONS LAW CONSEQUENT ON PART 4 OF THIS ACT
SCHEDULE 2
AMENDMENTS OF ACTS CONSEQUENT ON PART 4 OF THIS ACT

Corporate Law Reform Act 1992

No. 210 of 1992

                  An Act to change the Corporations Law and to amend some other Acts

[Assented to 24 December 1992]

  The Parliament of Australia enacts:

PART 1—PRELIMINARY

Short title

  1. This Act may be cited as the Corporate Law Reform Act 1992.

Commencement

2.(1) Part 1 commences on the day on which this Act receives the Royal Assent.

  (2)     Subsections 26(2) and 28(1) commence on 1 February 1994.

(3)     Subject to subsection (4), the remaining provisions of this Act commence on a day or days to be fixed by Proclamation.

(4)     If a provision referred to in subsection (3) does not commence under that subsection within the period of 6 months beginning on the

day on which this Act receives the Royal Assent, it commences on the first day after the end of that period.

Meaning of "Corporations Law" and "Principal Act"

  3. In this Act:

"Corporations Law" means the Corporations Law set out in section 82 of the Corporations Act 19891;

"Principal Act" means the Act referred to in the heading:

    (a)     if the expression occurs in a Division of a Part—to that Division; or

  (b)     otherwise—to the Part in which the expression occurs.

PART 2—DUTIES OF OFFICERS OF CORPORATIONS

Division 1—Amendments of the Corporations Law

Dictionary

4. Section 9 of the Corporations Law is amended by inserting the following definitions:

" 'civil penalty disqualification' has the meaning given by subsection 91(4A);

'civil penalty order' means a declaration or order made under section 1317EA of the Corporations Law of this jurisdiction;

'civil penalty provision' has the meaning given by section 1317DA;

'find', in the case of a reference to a court finding a person guilty of an offence, has a meaning affected by section 73A;

'guilty', in the case of a reference to a court finding a person guilty of an offence, has a meaning affected by section 73A;".

5. After section 73 of the Corporations Law the following section is inserted: