Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.41 - APPLICATION PROVISIONS RELATING TO THE FINANCIAL SECTOR REFORM (HAYNE ROYAL COMMISSION RESPONSE - BREACH REPORTING AND REMEDIATION) REGULATIONS 2021  

REGULATION 10.41.01   PROVISIONS RELATING TO CONTINUED APPLICATION OF SECTION 912D OF THE ACT  

Lodgment with ASIC

10.41.01(1)    
Despite the repeal of paragraphs 1.0.05A(2)(b) and (c) by item 3 of the amending Schedule, those paragraphs, as in force immediately before the commencement of the amending Schedule, continue to apply in relation to reports or written notices to be given to ASIC under subsections 912D(1) and (2) of the Act (as those subsections continue to apply because of subsection 1671A(2) of the Act) as if that repeal had not happened.

Obligation to notify ASIC of certain matters

10.41.01(2)    
Despite the amendment of regulation 7.6.02A by item 5 of the amending Schedule, that regulation continues to apply, for the purposes of subparagraph 912D(1)(a)(iii) of the Act (as that subparagraph continues to apply because of subsection 1671A(2) of the Act), as if that amendment had not happened.

Infringement notices

10.41.01(3)    
Despite the amendment of paragraph 9.4AB.01(2)(c) by item 9 of the amending Schedule, that paragraph continues to apply, in relation to alleged offences against subsection 912D(1B) or (2) of the Act (as those subsections continue to apply because of subsection 1671A(2) of the Act), as if that amendment had not happened.

Definitions

10.41.01(4)    
In this regulation:

amending Schedule
means Schedule 1 to the Financial Sector Reform (Hayne Royal Commission Response - Breach Reporting and Remediation) Regulations 2021 .