Federal Register of Legislation - Australian Government

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Corporations Amendment Regulation 2012 (No. 3)

Authoritative Version
  • - F2012L00831
  • No longer in force
SLI 2012 No. 46 Regulations as made
This regulation amends the Corporations Regulations 2001 to exempt a registered auditor that provides a cover pool monitor service from the requirement to hold an Australian financial services licence.
Administered by: Treasury
Made 05 Apr 2012
Registered 11 Apr 2012
Tabled HR 08 May 2012
Tabled Senate 10 May 2012
Date of repeal 09 Aug 2013
Repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013

Commonwealth Coat of Arms

Corporations Amendment Regulation 2012 (No. 3)1

Select Legislative Instrument 2012 No. 46

I, QUENTIN BRYCE, Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Corporations Act 2001.

Dated 5 April 2012

QUENTIN BRYCE

Governor‑General

By Her Excellency’s Command

WAYNE SWAN


1              Name of regulation

                This regulation is the Corporations Amendment Regulation 2012 (No. 3).

2              Commencement

                This regulation commences on the day after it is registered.

3              Amendment of Corporations Regulations 2001

                Schedule 1 amends the Corporations Regulations 2001.


Schedule 1        Amendment

(section 3)

 

[1]           After subregulation 7.1.29 (3)

insert

      (3A)   For this regulation, a person also provides an exempt service if the person:

                (a)    is registered as an auditor under Part 9.2 of the Act; and

               (b)    performs any of the functions of a cover pool monitor mentioned in subsection 30 (4) of the Banking Act 1959.


Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.