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CORPORATIONS REGULATIONS 2001 - REG 10.2.99 Application of items 111 and 121 of the Financial Services Reform (Consequential Provisions) Act 2001 to amendments of the Australian Securities and Investments Commission Act 2001

CORPORATIONS REGULATIONS 2001 - REG 10.2.99

Application of items 111 and 121 of the Financial Services Reform (Consequential Provisions) Act 2001 to amendments of the Australian Securities and Investments Commission Act 2001

  (1)   This regulation applies in relation to:

  (a)   the amendment of subsection   12GF(2) of the Australian Securities and Investments Commission Act 2001 made by item   111 of Schedule   1 to the Financial Services Reform (Consequential Provisions) Act 2001 ; and

  (b)   the amendment of subsection   12GM(5) of the Australian Securities and Investments Commission Act 2001 made by item   121 of Schedule   1 to the Financial Services Reform (Consequential Provisions) Act 2001 .

  (2)   The amendment applies in relation to conduct engaged in on or after the commencement of that item.

  (3)   The amendment also applies in relation to conduct engaged in before the commencement of that item, but only if the period that:

  (a)   relates to the conduct; or

  (b)   applied under subsection   12GF(2) or 12GM(5) before the commencement of that item;

had not ended when that item commenced.

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