Federal Register of Legislation - Australian Government

Primary content

Regulations as made
This instrument amends the Corporations (Fees) Regulations 2001 to support the amendments in the Financial Sector Reform (Hayne Royal Commission Response—Better Advice) Act 2021 and implement the Government’s response to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
Administered by: Treasury
Registered 17 Dec 2021
Table of contents.

Commonwealth Coat of Arms of Australia

 

Corporations (Fees) Amendment (Relevant Providers) 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 16 December 2021

David Hurley

Governor‑General

By His Excellency’s Command

Jane Hume

Minister for Superannuation, Financial Services and the Digital Economy

 

 

 

  

  


Contents

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

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

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

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

Schedule 1—Amendments                                                                                                                          2

Corporations (Fees) Regulations 2001                                                                                             2

 


1  Name

                   This instrument is the Corporations (Fees) Amendment (Relevant Providers) 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

1 January 2022.

1 January 2022

Note:          This table relates only to the provisions of this instrument as originally made.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 Corporations (Fees) Act 2001.

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 1Amendments

  

Corporations (Fees) Regulations 2001

1  Paragraph 9A(1)(b)

Omit “922H(1), 922HB(1) or 922HD(1)”, substitute “922H(1) or 922HB(1)”.

2  Subregulation 9A(5) (paragraph (b) of the definition of prescribed amount)

Omit “or 922HD(1)”.

3  Subregulation 9A(5) (paragraph (b) of the definition of relevant number of persons)

Omit “922H(1), 922HB(1) or 922HD(1)”, substitute “922H(1) or 922HB(1)”.

4  Subparagraph 9B(1)(a)(ii)

Omit “922HD(1),”.

5  Subregulation 9B(5) (paragraph (b) of the definition of relevant number for the higher amount)

Omit “922HD(1),”.

6  Subregulation 9B(5) (paragraph (b) of the definition of relevant number for the lower amount)

Omit “922HD(1),”.

7  Clause 1 of Schedule 1 (after table item 8)

Insert:

 

8A

On application to sit an exam administered by ASIC under subsection 921B(3)

$973

8B

On application for ASIC to review the marking of one or more answers to non‑multiple‑choice questions in an exam administered by ASIC under subsection 921B(3)

$218

 

8  Clause 1 of Schedule 2 (after table item 12C)

Insert:

 

12D

On application, under subsection 921ZA(1) or 921ZB(1), for ASIC to register a relevant provider under subsection 921ZC(1)

$50