Corporations Legislation Amendment Act 2003 (24 of 2003)

Schedule 1   Repeal of annual return requirements

Corporations Act 2001

40   Section 1351

Repeal the section, substitute:

1351 Fees are payable to the Commonwealth

(1) The fees imposed under the Corporations (Fees) Act 2001 are payable to the Commonwealth.

(2) The fees imposed under the Corporations (Review Fees) Act 2003 are payable to the Commonwealth.

(3) The date on which a fee imposed under the Corporations (Review Fees) Act 2003 becomes due and payable is worked out under this table.

Due date for review fees

Item

For a review fee imposed on...

The due date is...

1

a company

2 months after the review date to which the fee relates

2

a registered scheme

2 months after the review date to which the fee relates

3

a registered Australian body

the date prescribed by the regulations

4

a natural person registered as an auditor under Part 9.2

the date prescribed by the regulations

5

a natural person registered as a liquidator under Part 9.2

the date prescribed by the regulations

6

a person holding an Australian financial services licence under Part 7.6

the date prescribed by the regulations