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Corporations (Repeals, Consequentials and Transitionals) Bill 2001

Part 1 Preliminary

   

1   Short title

                   This Act may be cited as the Corporations (Repeals, Consequentials and Transitionals) Act 2001 .

2   Commencement

             (1)  Subject to this section, this Act commences, or is taken to have commenced, at the same time as the Corporations Act 2001 .

             (2)  Schedules 1 and 2 commence, or are taken to have commenced, at the same time as the Corporations Act 2001 .

             (3)  Subject to subsections (4) to (10), Schedule 3 commences, or is taken to have commenced, at the same time as the Corporations Act 2001 .

             (4)  Items 65 and 67 of Schedule 3 commence on the later of:

                     (a)  the time when the Corporations Act 2001 commences; or

                     (b)  the time when Part 1 of Schedule 2 to the Financial Sector (Collection of Data—Consequential and Transitional Provisions) Act 2001 commences.

             (5)  Item 146 of Schedule 3 commences on the later of:

                     (a)  the time when the Corporations Act 2001 commences; or

                     (b)  the time when section 10 of the Commonwealth Superannuation Board Act 2001 commences.

             (6)  Item 191 of Schedule 3 commences on the later of:

                     (a)  the time when the Corporations Act 2001 commences; or

                     (b)  the time when Part 5 of the Financial Sector (Collection of Data) Act 2001 commences.

             (7)  Items 296 to 302 of Schedule 3 commence on the later of:

                     (a)  the time when the Corporations Act 2001 commences; or

                     (b)  the time when Part 1 of the Interactive Gambling Act 2001 commences.

             (8)  Item 438 of Schedule 3 commences at the same time as item 35 of Schedule 2 to the Privacy Amendment (Private Sector) Act 2000 commences.

             (9)  Item 495 of Schedule 3 commences on the later of:

                     (a)  the time when the Corporations Act 2001 commences; or

                     (b)  the time when item 14 of Schedule 1 to the Superannuation Legislation (Commonwealth Employment) Repeal and Amendment Act 2001 commences.

           (10)  Items 574 and 575 of Schedule 3 commence on the later of:

                     (a)  the time when the Corporations Act 2001 commences; or

                     (b)  the time when the definitions of debenture and interest in section 45 of the Workplace Relations (Registered Organisations) Act 2001 commence.

           (11)  Subject to subsection (12), Schedule 4 commences, or is taken to have commenced, at the same time as the Corporations Act 2001 .

           (12)  If Parts 4 to 10 of the Administrative Review Tribunal Act 2001 have not commenced before the Corporations Act 2001 commences:

                     (a)  Schedule 4 to this Act does not commence; and

                     (b)  Schedule 5 to this Act commences at the same time as Parts 4 to 10 of the Administrative Review Tribunal Act 2001 commence.

           (13)  If Parts 4 to 10 of the Administrative Review Tribunal Act 2001 have commenced before the Corporations Act 2001 commences, Schedule 5 to this Act does not commence.

           (14)  Schedule 6 commences, or is taken to have commenced, at the same time as the Corporations Act 2001 .