Federal Register of Legislation - Australian Government

Primary content

Regulations as made
This instrument amends the National Consumer Credit Protection (FinTech Sandbox Australian Credit Licence Exemption) Regulations 2020 and facilitates the repeal of the Bankruptcy Regulations 1996.
Administered by: Attorney-General's; Treasury
Registered 19 Mar 2021
Tabling HistoryDate
Tabled HR22-Mar-2021
Tabled Senate11-May-2021
Date of repeal 12 Aug 2021
Repealed by Division 1 of Part 3 of Chapter 3 of the Legislation Act 2003
Table of contents.

Commonwealth Coat of Arms of Australia

 

Bankruptcy and Other Legislation Amendment (Repeal and Consequential Amendments) Regulations 2021

I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 18 March 2021

David Hurley

Governor‑General

By His Excellency’s Command

Amanda Stoker

Assistant Minister to the Attorney‑General
Parliamentary Secretary to the Attorney‑General

 

 

 

  

  


Contents

1............ Name............................................................................................................................. 1

2............ Commencement............................................................................................................. 1

3............ Authority....................................................................................................................... 1

4............ Schedules...................................................................................................................... 1

Schedule 1—Repeals and amendments                                                                                               2

Part 1—Repeals                                                                                                                                          2

Bankruptcy Regulations 1996                                                                                                             2

Part 2—Amendments                                                                                                                              3

National Consumer Credit Protection (FinTech Sandbox Australian Credit Licence Exemption) Regulations 2020                                                                                                                                                                   3

 


1  Name

                   This instrument is the Bankruptcy and Other Legislation Amendment (Repeal and Consequential Amendments) Regulations 2021.

2  Commencement

             (1)  Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

At the same time as the Bankruptcy Regulations 2021 commence.

1 April 2021

Note:          This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

             (2)  Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

                   This instrument is made under the following:

                     (a)  the Bankruptcy Act 1966;

                     (b)  the National Consumer Credit Protection Act 2009.

4  Schedules

                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Repeals and amendments

Part 1Repeals

Bankruptcy Regulations 1996

1  The whole of the instrument

Repeal the instrument.

Part 2Amendments

National Consumer Credit Protection (FinTech Sandbox Australian Credit Licence Exemption) Regulations 2020

2  Section 5 (paragraph (d) of the definition of eligible credit activity)

Omit “subregulation 6.03(2) of the Bankruptcy Regulations 1996”, substitute “subsection 27(1) of the Bankruptcy Regulations 2021”.