Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 19 - Extension of limitation periods  

REGULATION 10.2.99   APPLICATION OF ITEMS 111 AND 121 OF THE FINANCIAL SERVICES REFORM (CONSEQUENTIAL PROVISIONS) ACT 2001 TO AMENDMENTS OF THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001  

10.2.99(1)   [ Application]  

This regulation applies in relation to:

(a) the amendment of subsection 12GF(2) of the Australian Securities and Investments Commission Act 2001 made by item 111 of Schedule 1 to the Financial Services Reform (Consequential Provisions) Act 2001 ; and

(b) the amendment of subsection 12GM(5) of the Australian Securities and Investments Commission Act 2001 made by item 121 of Schedule 1 to the Financial Services Reform (Consequential Provisions) Act 2001 .

10.2.99(2)   [ Conduct on or after commencement]  

The amendment applies in relation to conduct engaged in on or after the commencement of that item.

10.2.99(3)   [ Conduct before commencement]  

The amendment also applies in relation to conduct engaged in before the commencement of that item, but only if the period that:

(a) relates to the conduct; or

(b) applied under subsection 12GF(2) or 12GM(5) before the commencement of that item;

had not ended when that item commenced.