CORPORATIONS ACT 2001 - SECT 1393 Transitional provisions relating to section 1351 fees

CORPORATIONS ACT 2001 - SECT 1393

  (1)   If:

  (a)   either:

  (i)   before the commencement, a person paid an amount as required by section   1351 of the old Corporations Law of a State or Territory in respect of a particular matter; or

  (ii)   after the commencement, a person pays an amount as required by subsection   9(2) of the Corporations (Fees) Act 2001 in respect of a particular matter; and

  (b)   a fee is also payable under section   1351 of this Act in respect of the same matter;

the payment they made or make as mentioned in subparagraph   (a)(i) or (ii) is taken to satisfy their liability to pay the fee referred to in paragraph   (b).

  (2)   If:

  (a)   before the commencement, a person paid a deposit as required by section   1357 of the old Corporations Law of a State or Territory in respect of a particular matter; and

  (b)   a fee is payable under section   1351 of this Act in respect of the same matter;

the deposit must be applied against the liability to pay the fee.