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CORPORATIONS REGULATIONS 2001 - REG 7.7.10AG

Various consequential amendments to Division 7 of Part 7.7

  (1)   For paragraph   951C(1)(c) of the Act, Part   7.7 of the Act applies as if the provisions set out in column 2 of the following table were modified as set out in columns 3 and 4:

 

Column 1

Column 2

Column 3

Column 4

Item

provision of Act

is modified by ...

and ...

1

paragraph   (b) of the definition of defective in subsection   952B(1)

omitting "Statement of Advice"

substituting "Statement of Advice, a record of advice required by subsection   946B(3A),"

2

paragraph   952E(2)(a)

omitting "Statement of Advice"

substituting "Statement of Advice, a record of advice required by subsection   946B(3A),"

3

paragraph   952F(1)(b)

omitting "Statement of Advice"

substituting "Statement of Advice, a record of advice required by subsection   946B(3A),"

4

subparagraph   952F(1)(c)(i)

omitting "Statement of Advice"

substituting "Statement of Advice, a record of advice required by subsection   946B(3A),"

5

paragraph   952G(1)(b)

omitting "Statement of Advice"

substituting "Statement of Advice, a record of advice required by subsection   946B(3A),"

6

subparagraph   952G(1)(c)(i)

omitting "Statement of Advice"

substituting "Statement of Advice, a record of advice required by subsection   946B(3A),"

7

paragraph   (b) of the definition of defective in subsection   953A(1)

omitting "Statement of Advice"

substituting "Statement of Advice, a record of advice required by subsection   946B(3A),"

  (2)   For paragraph   951C(1)(c) of the Act, Part   7.7 of the Act applies as if the provisions set out in column 2 of the following table were modified as set out in column 3:

 

Column 1

Column 2

Column 3

Item

provision of Act

is modified by ...

1

the definition of defective in subsection   952B(1)

inserting after subparagraph   952B(1)(b)(ii):

(iiA) if it is a record of advice required by subsection   946B(3A)--there is an omission from the record of advice of material required by subsection   946B(3A) or section   947D; or

2

the definition of disclosure document or statement in subsection   952B(1)

inserting after paragraph   (c) of the definition the following paragraph:

(ca) a record of advice required by subsection   946B(3A); or

3

the definition of defective in subsection   953A(1)

inserting after subparagraph   952B(1)(b)(ii) the following paragraph:

(iiA) if it is a record of advice required by subsection   946B(3A)--there is an omission from the record of advice of material required by subsection   946B(3A) or section   947D; or

4

the definition of disclosure document or statement in subsection   953A(1)

inserting after paragraph   (c) of the definition the following paragraph:

(ca) a record of advice required by subsection   946B(3A); or



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