Corporations Act 2001
After 1 January 2022, any document that: (a) was in the possession of a director or employee of the standards body immediately before that day; and (b) relates to the functions of the standards body (other than the exam function);
is to be transferred to the Secretary of the Department.
1684V(2)
After 1 January 2022, any document that: (a) was in the possession of a director or employee of the standards body immediately before that day; and (b) relates to the exam function of the standards body;
is to be transferred to ASIC.
1684V(3)
In this section:
exam function
means the function mentioned in paragraph
921U(1)(d),
as in force immediately before 1 January 2022.
[ CCH Note: Div 4 will be inserted by No 115 of 2021, s 3, Sch 2[10] (effective 1 July 2026 or a day or days to be fixed by Proclamation). Div 4 will read:
Division 4 - Transitional provisions for Schedule 2 to the amending Act
SECTION 1684W APPLICATION - AMENDMENTS MADE BY SCHEDULE 2 TO THE AMENDING ACT
1684W(1)
If a registration of a person under old subsection 921ZC(1) is in force immediately before the Schedule 2 commencement time, the person is taken to be registered under new subsection 921ZC(1) during the period:
(a) starting at the Schedule 2 commencement time; and
(b) ending at the earliest of the following:
(i) the cancellation time specified in a registration prohibition order in force against the person;
(ii) the time when a banning order against the person takes effect;
(iii) the end of the next 30 June after the Schedule 2 commencement time.
1684W(2)
In this section:new subsection 921ZC(1)
means subsection 921ZC(1) , as substituted by Schedule 2 to the amending Act.old subsection 921ZC(1)
means subsection 921ZC(1) , as in force immediately before the Schedule 2 commencement time.Schedule 2 commencement time
means the start of the day Schedule 2 to the amending Act commences.]
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