Corporations Legislation Amendment (Simpler Regulatory System) Act 2007 (101 of 2007)
Schedule 1 Amendments
Part 2 Amendments commencing on 1 July 2007
Corporations Act 2001
189 Subsection 151(3)
Repeal the subsection, substitute:
(3) ASIC may revoke the company's licence if:
(a) the company does anything set out in paragraphs (2)(a) to (e); or
(b) the company fails to notify ASIC in accordance with subsection (2AA).
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