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Treasury Legislation Amendment (Application of Criminal Code) Bill (No. 2) 2001
Schedule 5 Amendment of other legislation

   

Australian Securities and Investments Commission Act 2001

1  At the end of Division 3 of Part 1

Add:

4AA   Criminal Code does not apply

                   Chapter 2 of the Criminal Code does not apply to any offences against this Act.

2  Section 4AA

Repeal the section.

Corporations Act 2001

3  Section 769A

Repeal the section, substitute:

769A   Part 2.5 of Criminal Code does not apply

                   Despite section 1308A, Part 2.5 of the Criminal Code does not apply to any offences based on the provisions of this Chapter.

Note:          For the purposes of offences based on provisions of this Chapter, corporate criminal responsibility is dealt with by section 769B, rather than by Part 2.5 of the Criminal Code .

4  At the end of Part 7.14

Add:

1119A   Criminal Code does not apply

                   Despite section 1308A, Chapter 2 of the Criminal Code does not apply to any offences based on provisions of this Chapter.

5  At the end of Part 8.8

Add:

1273A   Criminal Code does not apply

                   Despite section 1308A, Chapter 2 of the Criminal Code does not apply to any offences based on provisions of this Chapter.

Financial Services Reform Act 2001

6  Subsection 2(2)

Omit “(3) to (7)”, substitute “(3) to (6)”.

7  Subsection 2(7)

Repeal the subsection.

8  Item 250 of Schedule 1

Repeal the item.

Insurance (Agents and Brokers) Act 1984

9  After section 5

Insert:

5A   Criminal Code does not apply

                   Chapter 2 of the Criminal Code does not apply to any offences against this Act.

Treasury Legislation Amendment (Application of Criminal Code) Act (No. 3) 2001

10  Subsection 2(2)

Repeal the subsection.