Corporations Legislation Amendment (Membership Designations and Other Measures) Regulation 2013

(125 of 2013)

14 June 2013

Corporations Act 2001 and the Corporations (Review Fees) Act 2003

1   Name of regulation

This regulation is the Corporations Legislation Amendment (Membership Designations and Other Measures) Regulation 2013.

2   Commencement

This regulation commences on 1 July 2013.

3   Authority

These regulations are made under the Corporations Act 2001 and the Corporations (Review Fees) Act 2003.

4   Schedule(s)

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1   Amendments

Corporations Regulations 2001

1   Regulation 2M.4.01A

Repeal the regulation, substitute:

2M.4.01A Membership designations (Act s 324BE)

For paragraph 324BE(1)(b) of the Act, a designation mentioned in an item of the table is prescribed for membership of the professional accounting body mentioned in the item.

Membership designations

Item

Professional accounting body

Designation

1

Institute of Chartered Accountants in Australia

CA; or

FCA

2

CPA Australia

CPA; or

FCPA

3

Institute of Public Accountants

FIPA; or

MIPA

Corporations (Review Fees) Regulations 2003

2   Part 1 of Schedule 1, (at the end of the table)

Add:

108

A registered entity under the Australian Charities and Not-for-profits Commission Act 2012

no fee