Corporations Regulations 2001
[ CCH Note: Pursuant to the Corporations Amendment Regulations 2001 (No 4) (SR 2001 No 319) effective 11 March 2002, Chapter 7 (Securities) comprising reg 7.1.01 - 7.15.01 and Chapter 8 (The futures industry) comprising reg 8.1.01 - 8.7.03 are replaced by a new Chapter 7 (Financial services and markets) comprising reg 7.1.01 - 7.12.01. As the subject matter of the new Chapter 7 relates to the new financial services reform regime, " inserted " has been used in the history notes for each provision, and all references to the former provisions have been removed.]
For the provisions of the Act set out in column 2 of the following table, the Parts of the Act specified in column 3 apply as if section 761G of the Act were modified by inserting after subsection 761G(7) , the following subsections:
" (7A)
In determining the net assets of a person under subparagraph (7)(c)(i), the net assets of a company or trust controlled by the person may be included.Note: Control is defined in section 50AA.
(7B)
In determining the gross income of a person under subparagraph (7)(c)(ii), the gross income of a company or trust controlled by the person may be included.Note: Control is defined in section 50AA. "
Column 1 | Column 2 | Column 3 |
Item | Provisions of Act | |
1 | paragraph 926B(1)(c) | Part 7.6 |
2 | paragraph 951C(1)(c) | Part 7.7 |
2A | section 1368 | Part 7.7A |
3 | paragraph 992C(1)(c) | Part 7.8 |
4 | paragraph 1020G(1)(c) | Part 7.9 |
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