CORPORATIONS (FEES) ACT 2001 - SECT 9 Transitional matters

CORPORATIONS (FEES) ACT 2001 - SECT 9

  (1)   Regulations referred to in paragraph   1351(a) of the old Corporations Law of a State or Territory in this jurisdiction that were in force immediately before the commencement of this Act continue to have effect, and may be amended or repealed, as if they were made under section   8 of this Act for the purposes of sections   5 and 6 of this Act.

  (2)   If, immediately before the commencement of this Act, a fee was payable by a person to the Commonwealth in respect of a matter under section   1351 of the old Corporations Law of a State or Territory in this jurisdiction, a liability to pay the same amount, in respect of the same matter, to the Commonwealth is imposed on the person by this subsection on the commencement of this Act, and is so imposed as a tax.

Note:   The definition of chargeable matter in section   9 of the old Corporations Law contains a list of matters that corresponds to the list in the definition of chargeable matter in subsection   4(1) of this Act.