Document ID: chunk:federal_register_of_legislation:C2004A04041:section:1990:p79
Version: federal_register_of_legislation:C2004A04041
Segment Type: section
Provision Reference: s 1990 (pt 79/212)
Character Range: 208676–211672

local body.".

Subsection 234 (12):

  Omit "Australia", substitute "this jurisdiction".

Subsections 235 (4) and (5):

  After "corresponding" insert "previous".

SCHEDULE 1—continued

Subsection 236 (8):

  After "corresponding" insert "previous".

Subsection 237 (19) (paragraph (a) of the definition of "exempt benefit"):

Omit "this Act had not been enacted", substitute "this Law had not been in force".

After section 242 (7):

  Insert:

"(7a) Paragraph (7) (a) does not apply to a company that has, before the commencement of this section, lodged a return with the NCSC for the purposes of a previous law corresponding to that paragraph.".

Subsection 242 (9):

   (a) Before "corresponding" insert "previous".

   (b) Omit "Act", substitute "Law".

Paragraph 243 (2) (a):

Omit "or is made under a law", substitute "made under a previous law".

Paragraph 243 (2) (b):

Omit "or is served under a law", substitute "served under a previous law".

Paragraph 246 (8) (a):

  Omit the paragraph, substitute:

      "(a) a reference in this section to a requisition includes a reference to a requisition deposited before the commencement of this Law in accordance with a previous law in force at that time that corresponds to this section; and".

Paragraph 246 (8) (b):

  Before "law" insert "previous".

Paragraph 260 (1) (b):

  Omit "Commission Act", substitute "ASC Law".

Subsection 261 (1) (definition of "company"):

  After "body" insert "other than a registrable local body".

SCHEDULE 1—continued

Subsection 261 (1) (paragraphs (a) and (b) of the definition of "property"):

  Omit the paragraphs, substitute:

      "(a) in the case of a registrable Australian body—within this jurisdiction; or

      (b) in the case of a foreign company—within Australia or an external Territory; or

    (c) otherwise—within or outside Australia;".

Subsection 261 (4):

  After "Commission", insert "(in this jurisdiction or elsewhere)".

Subsection 263 (3):

  (a) Omit "registrable body" (wherever occurring), substitute "body".

     (b) Omit "were a company", substitute "were a Division 3 company".

Subsection 263 (4):

  Omit "registrable body" (wherever occurring), substitute "body".

Subsection 265 (4):

  Omit the subsection, substitute:

  "(4) Where:

     (a) a notice in respect of a charge on property of a company is lodged under section 263 or 264 (whether during or after the period within which the notice was required to be lodged); and

     (b) the notice is not accompanied by a certificate to the effect that all documents accompanying the notice have been duly stamped as required by any applicable law relating to stamp duty;

the Commission must cause to be entered in the Register the time and date when the notice was lodged and the particulars referred to in paragraphs (2) (a), (b), (c) and (d), but must cause the word 'provisional' to be entered in the Register next to the entry specifying that time and date.".

Paragraph 265 (5) (b):

   (a) Insert "or