Corporations Amendment Regulations 2002 (No. 3) (41 of 2002)

Schedule 1   Amendments commencing at 12.02 am (in the Australian Capital Territory) on 11 March 2002

[96]   Regulation 10.2.38, table, after item 6

insert

7

A person whose licence is suspended under subsection 827 (1) of the old Corporations Act (whether the suspension occurred before, on or after the FSR commencement)

(a) While the suspension is in force - no activities

(b) If the suspension ceases to be in force on or before 10 March 2004, and from the time the suspension ceases to be in force - the activities that the licence (as in force immediately before it was suspended) authorised the person to carry on

All relevant old legislation in relation to the kind of licence

8

A person whose licence is suspended under subsection 1192 (1) of the old Corporations Act (whether the suspension occurred before, on or after 11 March 2002)

(a) While the suspension is in force - no activities

(b) If the suspension ceases to be in force on or before 10 March 2004, and from the time the suspension ceases to be in force - the activities that the licence (as in force immediately before it was suspended) authorised the person to carry on

All relevant old legislation in relation to the kind of licence

9

A person whose registration is suspended under section 25 of the Insurance (Agents and Brokers) Act 1984

(a) While the suspension is in force - no activities

(b) If the suspension ceases to be in force on or before 10 March 2004, and from the time the suspension ceases to be in force - the activities that the licence (as in force immediately before it was suspended) authorised the person to carry on

All of the provisions of the Insurance (Agents and Brokers) Act 1984 as in force immediately before the FSR commencement, and any associated provisions

10

A person whose registration is suspended under section 25 of the Insurance (Agents and Brokers) Act 1984 who is covered by a specification in writing by ASIC under subsection 25 (3) of that Act

(a) While the specification is in force - such of the person's activities as ASIC specifies in writing under subsection 25 (3) of the Insurance (Agents and Brokers) Act 1984

All of the provisions of the Insurance (Agents and Brokers) Act 1984 as in force immediately before the FSR commencement, and any associated provisions

   

(b) If the suspension ceases to be in force on or before 10 March 2004, and from the time the suspension ceases to be in force - the activities that the registration (immediately before it was suspended) authorised the person to carry on

 

11

A person whose registration is suspended under section 31H of the Insurance (Agents and Brokers) Act 1984

(a) While the suspension is in force - no activities

(b) If the suspension ceases to be in force on or before 10 March 2004, and from the time the suspension ceases to be in force - the activities that the registration (immediately before it was suspended) authorised the person to carry on

All of the provisions of the Insurance (Agents and Brokers) Act 1984 as in force immediately before the FSR commencement, and any associated provisions

12

A person whose registration is suspended under section 31H of the Insurance (Agents and Brokers) Act 1984 who is covered by a specification in writing by ASIC under subsection 31H (3) of that Act

(a) While the specification is in force - such of the person's activities as ASIC specifies in writing under subsection 31H (3) of the Insurance (Agents and Brokers) Act 1984

All of the provisions of the Insurance (Agents and Brokers) Act 1984 as in force immediately before the FSR commencement, and any associated provisions

   

(b) If the suspension ceases to be in force on or before 10 March 2004, from the time the suspension ceases to be in force - the activities that the registration (immediately before it was suspended) authorised the person to carry on