Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

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Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

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History

Ch 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).

Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].

As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS  

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Division 4 - NGF Compensation regime  

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Subdivision D - The SEGC  

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SECTION 890B   THE SEGC'S FUNCTIONS AND POWERS  

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890B(1)   [ Functions and powers]  

In addition to the legal capacity and powers it has because of section 124 , the SEGC has such functions and powers as are conferred, or expressed to be conferred, on it by or under this Part.

890B(2)   [ Limitation]  

Section 125 does not apply in relation to a function or power conferred, or expressed to be conferred, as mentioned in subsection (1) of this section.

890B(3)   [ Performance of functions and powers]  

The SEGC is to perform the functions, and may exercise the powers, that are conferred on it by or under this Part.

890B(4)   [ Administration of arrangements]  

The SEGC is to administer the arrangements constituted by this Division.

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History

S 890B inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1] (effective 11 March 2002).

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