Document ID: chunk:federal_register_of_legislation:C2004A02936:schedule:3:p2
Version: federal_register_of_legislation:C2004A02936
Segment Type: schedule
Provision Reference: sch 3 (pt 2/18)
Character Range: 66818–69639

applicant on the day on which the licence is granted is approved capital of the licensee for the purposes of this Act".

Sub-section 21 (3)—
Omit "business entities engaged in businesses substantially of the kind described in sub-paragraphs 29 (6) (f) (i) to (v) (inclusive)", substitute "prescribed business entities".

Paragraph 23 (1) (d)—
Omit "business entities engaged in businesses substantially of the kind described in sub-paragraphs 29 (6) (f) (i) to (v) (inclusive)", substitute "prescribed business entities".

Sub-section 29 (3)—
Omit all the words preceding paragraph (a), substitute the following:
"On receipt of an application by a licensee under sub-section (1), the Board shall, as soon as practicable, but, in any case, where the application relates to a business entity to which all of paragraphs (6) (a) to (e) (inclusive) apply, not later than 10 days after the date of receipt of the application, serve notice on the licensee".

Sub-section 29 (5)—
Omit all the words preceding paragraph (a), substitute the following:
"On receipt of information required by the Board under sub-section (3) in relation to an application by a licensee under sub-section (1), the Board shall, as soon as practicable, but, in any case, where the application relates to a business entity to which all of paragraphs (6) (a) to (e) (inclusive) apply, not later than 10 days after the date on receipt of the information, serve notice on the licensee".

Paragraph 29 (6) (f)—
Omit the paragraph, substitute the following paragraph:
"(f) the Board is satisfied that the business entity is a prescribed business entity.".

Sub-section 30 (2)—
Omit ", or does not propose to become, engaged primarily in a business or businesses substantially of the kind described in sub-paragraphs 29 (6) (f) (i) to (v) (inclusive)", substitute "a prescribed business entity".
SCHEDULE—continued

Sub-section 38 (2)—
Omit ", being the whole or a portion of the nominal prescribed share capital of the licensee,".

Sub-section 38 (5)—
Omit the sub-section, substitute the following sub-section:
"(5) The aggregate of the amount of paid-up prescribed share capital of the licensee and of all the amounts paid as premiums on shares in the licensee (and not paid-off by the licensee by way of a reduction of share capital) shall not at any time exceed the approved capital of the licensee.".

Section 40—
Omit the section.

Maritime College Act 1978

Section 16—
Omit the section.

Meat Inspection Act 1983

Sub-section 21 (1)—
Omit "unless the meat is, under the regulations, fit for human consumption", substitute "if the meat is, under the regulations, unfit for human consumption".

Sub-section 21 (2)—
Omit "unless the meat is, under the regulations, fit for use as animal food", substitute "if the meat is, under the regulations, unfit for