Corporations Regulations 2001

CHAPTER 2A - REGISTRATION OF COMPANIES  

PART 2A.1 - SIZE OF PARTNERSHIPS OR ASSOCIATIONS (ACT s 115(2))  

REGULATION 2A.1.01   SIZE OF PARTNERSHIPS OR ASSOCIATIONS  

2A.1.01(1)   [ Prescribed number for kind of partnership or association]  

For paragraph 115(1)(b) of the Act, the number prescribed for a kind of partnership or association is the number specified in the following table for that kind of partnership or association:

Item	Kind of partnership or association	Number
1	(a) Actuaries, medical practitioners, patent attorneys, sharebrokers, stockbrokers or trade mark attorneys	50
	(b) Partnerships or associations of the kind specified in subregulation (2)
2	Architects, pharmaceutical chemists or veterinary surgeons	100
3	Legal practitioners	400
4	Accountants	1,000

2A.1.01(2)   [ Kind of partnership or association]  

For paragraph (b) of item 1 of the table in subregulation (1), the partnership or association is one that:

(a) has as its primary purpose collaborative scientific research; and

(b) includes as members:

(i) at least 1 university; and

(ii) at least 1 private sector participant;

whether or not it also includes government agencies or publicly funded research bodies.

2A.1.01(3)   [ " private sector participant " ]  

In subregulation (2):

private sector participant
means an entity that obtains the majority of its revenue from sources other than Commonwealth, State or Territory appropriations.