Corporations Act 2001
Sections and provisions with full text and the judgments that cite each one.
Section 1546L — Application of requirements relating to information about membership of professional associations where relevant provider is licensee
Section 922E, as inserted by the amending Act, applies until the start of 15 November 2019 as if paragraph 922E(1)(h) were replaced with the following: (h) information about both of the following:…
Section 1546M — Application of requirements relating to information about membership of professional associations where relevant provider is not licensee
Section 922F, as inserted by the amending Act, applies until the start of 15 November 2019 as if paragraph 922F(1)(m) were replaced with the following: (m) information about both of the following:…
Section 1546N — Application of requirements relating to information about provisional relevant provider’s work and training
Paragraphs 922F(1)(f) and (g), as inserted by the amending Act, apply in relation to notices lodged under section 922D on or after 1 January 2019. Note: Paragraphs 922F(1)(f) and (g) require notices…
Section 1546P — Application of ongoing obligation to notify ASIC when there is a change in a matter for a relevant provider
Paragraph 922H(1)(a), as inserted by the amending Act, applies in relation to a change in a matter if: (a) the change occurs after commencement; or (b) both of the following apply: (i) the change…
Section 1546Q — Application of obligation to notify ASIC about a person who starts to have control of a body corporate licensee
Section 922J, as inserted by the amending Act, applies in relation to a person who starts to have control of a body corporate licensee if: (a) the person starts to have control of the licensee after…
Section 1546R — Application of obligation to notify ASIC about a person who ceases to have control of a body corporate licensee
Section 922K, as inserted by the amending Act, applies in relation to a person who ceases to have control of a body corporate licensee if: (a) the person ceases to have control of the licensee after…
Section 1546S — Application of obligation for relevant providers to provide information to financial services licensees
Section 922N, as inserted by the amending Act, applies in relation to a request made of a person if: (a) both of the following apply: (i) the request is made of the person for the purposes of…
Section 1546T — Application of requirements relating to Register of Relevant Providers
(1) Paragraphs 922Q(2)(b), (r), and (v), as inserted by the amending Act, apply on and after 1 January 2020. (2) Subparagraph 922Q(2)(j)(ii) and paragraph 922Q(2)(m), as inserted by the amending Act,…
Section 1546U — Relevant provider numbers given before commencement
For the purposes of this Act, a number given by ASIC to a person in accordance with regulation 7.6.06A of the Corporations Regulations 2001 is taken to have been given in accordance with section 922R…
Section 1546V — Continuation of Register of Relevant Providers
The repeal of regulation 7.6.06B of the Corporations Regulations 2001 by the Corporations Amendment (Professional Standards of Financial Advisers) Regulations 2017 does not affect the continuity of…
Section 1546W — Obligation to notify ASIC of certain information
(1) A notice must be lodged under this section, in the prescribed form, if, before 15 November 2019, a notice was lodged in relation to a relevant provider under: (a) section 922D, as inserted by the…
Section 1546X — Obligation to notify ASIC of CPD year
(1) A notice must be lodged under this section, in the prescribed form, if, before 1 January 2019, ASIC granted an applicant an Australian financial services licence that covers the provision of…
Section 1547 — Definitions
In this Part: amending Act means the Corporations Legislation Amendment (Deregulatory and Other Measures) Act 2014.
Section 1548 — Application of amendments relating to calling of general meetings
The amendments of section 249D made by Schedule 1 to the amending Act do not apply in relation to a request made under that section before the commencement of that Schedule.
Section 1549 — Application of amendments relating to directors’ reports for listed companies
The amendments of section 300A made by Schedule 1 to the amending Act apply in relation to directors’ reports for financial years ending on or after the commencement of that Schedule.
Section 1549A — Definitions
In this Part: amending Act means the Corporations Amendment (Life Insurance Remuneration Arrangements) Act 2017. commencement day means the day on which Schedule 1 to the amending Act commences.
Section 1549B — Applications of amendments relating to life risk insurance products
(1) Subject to subsections (2), (3) and (4), the amendments made by Schedule 1 to the amending Act apply to a benefit given to a financial services licensee, or a representative of a financial…
Section 1550 — Simplified outline of this Part
This Part deals with the way this Act will apply when the provisions of the Insolvency Law Reform Act 2016 begin to operate. Application of Part 2 of the Insolvency Practice Schedule (Corporations) A…
Section 1551 — Definitions
In this Part: commencement day means the day on which Part 1 of Schedule 2 to the Insolvency Law Reform Act 2016 commences. Insolvency Practice Schedule (Corporations) means Schedule 2 to this Act,…
Section 1552 — Applications for registration under the old Act
(1) If, before the commencement day: (a) a person has applied for registration as a liquidator, or as a liquidator of a specified body corporate, under section 1279 of the old Act; and (b) the…
Section 1553 — Persons registered under the old Act continue to be registered under the Insolvency Practice Schedule (Corporations)
Person registered under the old Act immediately before the commencement day (1) If a person is registered as a liquidator, or as a liquidator of a specified body corporate, immediately before the…
Section 1554 — Old Act registrant’s details
(1) ASIC must enter on the Register of Liquidators, in relation to each old Act registrant, the details prescribed under subsection 15-1(3) of the Insolvency Practice Schedule (Corporations) that…
Section 1555 — Period of old Act registrant’s registration under the Insolvency Practice Schedule (Corporations)
(1) The registration of an old Act registrant under the Insolvency Practice Schedule (Corporations) is for a period ending on the first anniversary of the old Act registration day for that person…
Section 1556 — Conditions for old Act registrants—conditions under the Insolvency Practice Schedule (Corporations)
To avoid doubt, a condition may be imposed on an old Act registrant (or on a class that includes an old Act registrant) under the Insolvency Practice Schedule (Corporations) in accordance with that…
Section 1557 — Current conditions for old Act registrants—undertakings under the old Act
Undertakings under the old Act (1) If: (a) an old Act registrant was required to give an undertaking under paragraph 1292(9)(b) or (c) of the old Act; and (b) that requirement is still in force…
Section 1558 — Current conditions for old Act registrants—undertakings under the ASIC Act
Undertakings under the ASIC Act (1) If: (a) before the commencement day, an old Act registrant gives ASIC an undertaking under section 93AA of the ASIC Act to engage in, or refrain from engaging in,…
Section 1559 — Old Act registrant registered as liquidator of a specified body corporate
Old Act registrant may not accept further appointments (1) If an old Act registrant was registered as a liquidator of a specified body corporate immediately before the commencement day, it is a…
Section 1560 — Old Act registrant chooses not to renew
Application of this section (1) This section applies if an old Act registrant does not apply for renewal of his or her registration under the Insolvency Practice Schedule (Corporations) before his or…
Section 1561 — Application of obligation to lodge annual liquidator returns
Application of the Insolvency Practice Schedule (Corporations) (1) Section 30-1 of the Insolvency Practice Schedule (Corporations) applies in relation to liquidator return years that begin on or…
Section 1562 — Notice of significant events
(1) If: (a) within 2 years before the commencement day, an event of a kind mentioned in subsection 35-1(1) of the Insolvency Practice Schedule (Corporations) occurs in relation to an old Act…
Section 1563 — Request for cancellation made before the commencement day
(1) This section applies if: (a) before the commencement day, a person requests ASIC under section 1290 of the old Act to cancel the person’s registration as a liquidator or as a liquidator of a…
Section 1564 — Decision to cancel registration made before the commencement day
(1) This section applies if: (a) before the commencement day, a decision is made by ASIC under section 1290A of the old Act to cancel the registration of a person as a liquidator, or as a liquidator…
Section 1565 — Matters not dealt with by the Board before the commencement day
(1) If: (a) an application has been made under section 1292 of the old Act in relation to a person before the commencement day; and (b) the Board has not, before the commencement day: (i) made an…
Section 1566 — Matters dealt with by the Board before the commencement day
(1) This section applies if: (a) an application has been made under section 1292 of the old Act in relation to a person before the commencement day; and (b) before the commencement day, the Board…
Section 1567 — Matters which the Board refuses to deal with before the commencement day
(1) This section applies if: (a) an application has been made under section 1292 of the old Act in relation to a person before the commencement day; and (b) before the commencement day, the Board has…
Section 1568 — Board considering terminating suspension before the commencement day
(1) If: (a) an application has been made under section 1295 of the old Act to terminate the suspension of the registration of a person as a liquidator, or as a liquidator of a specified body…
Section 1569 — Sharing information between the Board and committees
(1) The Chair of a committee convened under Part 2 of the Insolvency Practice Schedule (Corporations) may request the Chairperson of the Board (the Board Chair) to give the committee any information…
Section 1570 — Direction to comply with requirement to lodge documents etc.
Subdivision B of Division 40 of the Insolvency Practice Schedule (Corporations) applies whether or not a requirement mentioned in that Subdivision to lodge a document or give information or a…
Section 1571 — Suspension by ASIC under the Insolvency Practice Schedule (Corporations)
(1) Section 40-25 of the Insolvency Practice Schedule (Corporations) applies whether or not an event mentioned in subsection 40-25(1) occurs before, on or after the commencement day. (2) However,…
Section 1572 — Cancellation by ASIC under the Insolvency Practice Schedule (Corporations)
(1) Section 40-30 of the Insolvency Practice Schedule (Corporations) applies whether or not an event mentioned in subsection 40-30(1) occurs before, on or after the commencement day. (2) However,…
Section 1573 — Show-cause notice under the Insolvency Practice Schedule (Corporations)
Subdivision E of Division 40 of the Insolvency Practice Schedule (Corporations) applies whether or not an event mentioned in subsection 40-40(1) of the Schedule occurs before, on or after the…
Section 1574 — Lifting or shortening suspension under the Insolvency Practice Schedule (Corporations)
Subdivision F of Division 40 of the Insolvency Practice Schedule (Corporations) applies whether or not a person’s registration as a liquidator is suspended under a provision of the old Act or of the…
Section 1575 — Action initiated by industry bodies
Section 40-100 of the Insolvency Practice Schedule (Corporations) applies, whether or not the grounds to which a notice under that section relates arise because of an action, a failure to act or…
Section 1576 — Application of court powers under section 45-1 of the Insolvency Practice Schedule (Corporations)
The Court may exercise its powers to make an order under section 45-1 of the Insolvency Practice Schedule (Corporations), whether or not the action or failure to act in relation to which, or because…
Section 1577 — Powers to deal with registration under the old Act on or after the commencement day
(1) This section applies if, as a result of the continued application of the old Act on or after the commencement day, a relevant body may decide to register a person, or suspend or cancel the…
Section 1578 — Simplified outline of this Division
This Division deals with the way this Act will apply to external administrations when the provisions of the Insolvency Practice Schedule (Corporations) begin to operate. New external administrations…
Section 1579 — Application of Part 3 of the Insolvency Practice Schedule (Corporations)—general rules
New external administrations (1) Part 3 of the Insolvency Practice Schedule (Corporations) applies in relation to a new external administration of a company. Ongoing external administrations (2) Part…
Section 1580 — Application of Division 60 of the Insolvency Practice Schedule (Corporations)—general rule
Subdivision B to D of Division 60 of the Insolvency Practice Schedule (Corporations) applies in relation to an external administrator of a company under ongoing external administration who is…
Section 1581 — Old Act continues to apply in relation to remuneration for administrators already appointed
(1) Despite the repeal of sections 449E and 473 and the repeal and substitution of subsections 499(3) to (7) of the old Act by Schedule 2 to the Insolvency Law Reform Act 2016, the old Act continues…
Section 1582 — Duties of administrators relating to remuneration and other benefits
(1) Section 60-20 of the Insolvency Practice Schedule (Corporations) applies in relation to an external administrator of an ongoing external administration of a company whether or not the…