Document ID: chunk:federal_register_of_legislation:C2004A04041:section:1990:p102
Version: federal_register_of_legislation:C2004A04041
Segment Type: section
Provision Reference: s 1990 (pt 102/212)
Character Range: 269282–272095

a proper authority from the licensee, lodge a written notice stating that the person has ceased to hold such a proper authority.".

Section 812:

  Repeal the section, substitute:

Inspection and copying of register

  "812. (1) In this section:

'register' in relation to a licensee, means a register that the licensee keeps for the purposes of section 810.

"(2) A licensee must ensure that a register is open for inspection without charge.

"(3) Where a person requests a licensee in writing to give to the person a copy of the whole, or of a specified part, of a register, the licensee must comply with the request within 2 business days after:

     (a) if the licensee requires the person to pay for the copy an amount of not more than the prescribed amount—receiving the amount from the person; or

  (b) in any other case—receiving the request.".

After subsection 815 (4):

  Insert:

"(4a) Subsection 8 (3) does not apply in relation to a reference in subsection (2), (3) or (4) of this section to a provision of this section.".

Subsections 815 (7) and (8):

  Omit the subsections, substitute:

"(7) A reference in this section to a person taking action in relation to another person is a reference to the first-mentioned person:

     (a) taking action by way of making, terminating or varying the terms and conditions of a relevant agreement; or

  (b) otherwise taking action in relation to a relevant agreement;

in so far as the relevant agreement relates to the other person being employed by, or acting for or by arrangement with, the first-mentioned

SCHEDULE 1—continued

person in connection with a securities business or investment advice business carried on by the first-mentioned person.

"(8) In addition, and without prejudice, to the effect it has of its own force, subsection (6) has by force of this subsection the effect it would have if:

     (a) the reference in it to information being given in accordance with this section were a reference to information being given in accordance with section 815 of the Corporations Law of this jurisdiction; and

     (b) a reference in it to a court were a reference to a court of an external Territory or of a country outside Australia and the external Territories; and

  (c) paragraphs (6) (d) and (e) were omitted.".

Subsection 818 (1):

  Omit "an Australian court", substitute "a court".

Paragraph 818 (1) (a):

     (a) Insert "whether within or outside this jurisdiction," before "a person".

   (b) Omit "eligible securities".

Paragraph 819 (1) (a):

Insert ", whether within or outside this jurisdiction" after "representative" (third occurring).

Subparagraphs 819 (1) (a) (i) and (ii):

  Omit "eligible securities".

Paragraph 819 (1) (b):

  After "act" insert ", whether within or outside this jurisdiction,".

Subsection