Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:201:p5
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 201 (pt 5/26)
Character Range: 1618280–1621020

applications for approval of foreign qualifications);
 (b) subsection 921G(2) (Approving or refusing to approve foreign qualifications);
 (ba) subsection 921G(4) (Specifying courses);
 (bb) paragraph 921GA(2)(b) (Approving form for applications for approval of domestic qualifications);
 (bc) subsection 921GA(3) (Approving or refusing to approve domestic qualifications);
 (c) Part 9.7 (Unclaimed property).

Part 9.7—Unclaimed property

9.7.01  Entitlement to unclaimed property
 (1) This regulation sets out how to work out the interest for paragraph 1341(3A)(a) of the Act.
 (2) If the unclaimed money is paid to ASIC in more than one payment, the interest is to be worked out separately for each payment.
 (3) The interest is to be worked out for the period (the interest period) that:
 (a) starts on the later of:
 (i) 1 July 2013; and
 (ii) the day when the unclaimed money was paid to ASIC; and
 (b) ends on the 14th day after ASIC last authorised the unclaimed money to be paid under subsection 1341(1) or (2) of the Act.
 (4) The interest is to be worked out by adding together the interest for each financial year during the interest period.
 (5) The interest for each financial year is worked out using the following formula, and rounding the result to the nearest cent:

  where:
amount means the amount of unclaimed money plus the interest (if any) worked out for each earlier financial year for which interest is payable.
days interest payable means the number of days in the financial year for which interest is payable.
days in the financial year means the number of days in the financial year.
interest rate, for a financial year, means:
 (a) the percentage change in the All Groups CPI between the 2 March quarters most recently published before the first day of the financial year (rounded up to 4 decimal places); or
 (b) if that percentage change is less than 0%—0%.

Part 9.10—Fees imposed by the Corporations (Fees) Act 2001 and the Corporations (Review Fees) Act 2003

9.10.01  Penalty for failure to pay review fee on time—prescribed penalty (Act s 1364)
 (1) This regulation is made for the purposes of paragraph 1364(2)(n) of the Act.
 (2) The penalty for the failure to pay a review fee is:
 (a) if payment is received within 1 month after the due date—$65; and
 (b) if payment is not received within 1 month after the due date—$270.
Note: The date on which a service fee is due and payable is worked out under subsection 1351(3) of the Act.

Part 9.12—Matters relating to regulations

9.12.01  Exemptions from Chapter 7
  Subsection 1043A(1) of the Act does not have effect in relation to the following:
 (a) the obtaining by a director of a share qualification;
 (b) the application for, and acquisition