Company Law Review Act 1998 (61 of 1998)

Schedule 2   Consequential amendment of the Corporations Law

Part 3   Shares (new Chapter 2H) Transactions affecting share capital (new Chapter 2J)

241   Schedule 3

Repeal the items relating to sections 190, 195, 201, 203, 205, 206 and 208 and 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 254H(4)

Penalty: 5 penalty units.

Subsection 254Q(13)

Penalty: 5 penalty units.

Subsection 254N(2)

Penalty: 5 penalty units.

Section 254T

Penalty: 100 penalty units or imprisonment for 2 years, or both.

Subsections 254X(1) and (2)

Penalty: 5 penalty units.

Section 254Y

Penalty: 5 penalty units.

Subsection 256C(7)

Penalty: 100 penalty units or imprisonment for 2 years, or both.

Subsection 259B(6)

Penalty: 5 penalty units.

Subsection 259D(4)

Penalty: 5 penalty units.

Subsection 308(1)

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

Subsections 1096A(1), (3), (4), (5) and (6)

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

Subsection 1431(6)

Penalty: 5 penalty units.

Section 1432

Penalty: 5 penalty units.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).