Corporations Act 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.57 - TRANSITIONAL PROVISIONS RELATING TO THE FINANCIAL SECTOR REFORM (HAYNE ROYAL COMMISSION RESPONSE - BETTER ADVICE) ACT 2021 AND RELATED MEASURES  

Division 3 - Other transitional provisions relating to the amending Act  

SECTION 1684V   TRANSITIONAL - TRANSFER OF DOCUMENTS  

1684V(1)    
After 1 January 2022, any document that:

(a)    was in the possession of a director or employee of the standards body immediately before that day; and

(b)    relates to the functions of the standards body (other than the exam function);

is to be transferred to the Secretary of the Department.

1684V(2)    
After 1 January 2022, any document that:

(a)    was in the possession of a director or employee of the standards body immediately before that day; and

(b)    relates to the exam function of the standards body;

is to be transferred to ASIC.

1684V(3)    
In this section:

exam function
means the function mentioned in paragraph 921U(1)(d), as in force immediately before 1 January 2022.