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Company Law Review Act 1998 (61 of 1998)

Schedule 2   Consequential amendment of the Corporations Law

Part 1   Registering a company (new Chapter 2A) Basic features of a company (new Chapter 2B) Members' rights and remedies (new Chapter 2F)

160   Schedule 3

Repeal the items relating to subsection 116(2), sections 170 and 216A, subsection 216C(3), sections 216E, 216F, 216G, 216J, 219, 260, 362 and 369, subsection 383C(8), section 408 and subsection 1308(3). Insert each of the following items in their appropriate place according to the order that the provision referred to in the item appears in the Corporations Law:

Subsection 113(1)

Penalty: 50 penalty units or imprisonment for 1 year, or both

Subsection 113(3)

Penalty: 5 penalty units.

Section 115

Penalty: 5 penalty units.

Subsection 117(5)

Penalty: 10 penalty units, or imprisonment for 3 months, or both.

Subsection 123(3)

Penalty: 10 penalty units, or imprisonment for 3 months, or both.

Subsection 136(5)

Penalty: 5 penalty units.

Section 139

Penalty: 5 penalty units.

Subsections 142(1) and (2)

Penalty: 5 penalty units.

Subsection 143(1)

Penalty: 5 penalty units.

Section 144

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Subsections 145(1) and (3)

Penalty: 5 penalty units.

Section 146

Penalty: 5 penalty units.

Subsections 148(2), (3) and (4)

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Subsection 150(2)

Penalty: 5 penalty units.

Subsection 151(2)

Penalty: 5 penalty units.

Subsections 153(1) and (2)

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Section 156

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Subsection 157(2)

Penalty: 5 penalty units.

Subsection 158(2)

Penalty: 50 penalty units or imprisonment for 1 year, or both.

Subsection 162(3)

Penalty: 5 penalty units.

Subsection 163(5)

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Subsection 165(2)

Penalty: 50 penalty units or imprisonment for 1 year, or both.

Section 168

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Subsection 170(3)

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Section 172

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Section 173

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Section 174

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Section 177

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Subsections 242(1), (3) and (4)

Penalty: 5 penalty units.

Subsection 242AA(3)

Penalty: 5 penalty units.

Section 246AA

Penalty: 50 penalty units or imprisonment for 1 year, or both.

Subsection 246B(3)

Penalty: 5 penalty units.

Subsection 246D(6)

Penalty: 5 penalty units.

Subsections 246F(1) and (3)

Penalty: 5 penalty units.

Subsection 246G(1)

Penalty: 5 penalty units.

Section 247C

Penalty: 5 penalty units.

Subsection 601BC(5)

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Subsections 601BH(1) and (2)

Penalty: 5 penalty units.

Subsection 601BJ(3)

Penalty: 5 penalty units.

Subsection 601BK(1)

Penalty: 5 penalty units.

Subsection 601BP(1)

Penalty: 5 penalty units.

Section 601BR

Penalty: 5 penalty units.

Section 601CW

Penalty: 10 penalty units or imprisonment for 3 months, or both.

Section 601DD

Penalty: 5 penalty units.

Section 601DE

Penalty: 10 penalty units or imprisonment for 3 months, or both

Subsection 601DH(1)

Penalty: 5 penalty units.

Subsection 1300(2A)

Penalty: 10 penalty units or imprisonment for 3 months, or both.

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