Commonwealth Numbered Regulations

1994 No. 34 CORPORATIONS (FEES) REGULATIONS (AMENDMENT) - REG 2

2.1 After item 15, insert:

"15A
On lodging an application under subsection 118 (1), before 1 January 1995, for
the registration of a Division 1 company, where it is stated in the memorandum
of the company that:

   (a)  the company is formed for the purpose of acting solely as the trustee
        of a regulated superannuation fund within the meaning of section 19 of
        the Superannuation Industry (Supervision) Act 1993; and

   (b)  the memorandum of the company prohibits the distribution of the
        company
s income or property among its members                   100"


2.2 Item 26:
Omit "28 or 29", substitute "28, 29 or 32A".

2.3 After item 32, insert:

"32A
On lodging an annual return of a company, if the Commission is satisfied:

   (a)  that the memorandum of the company prohibits the distribution of the
        company s income or property among its members; and

   (b)  that the company operates solely for the purpose of acting as the
        trustee of a regulated superannuation fund within the meaning of
        section 19 of the Superannuation Industry (Supervision) Act 1993
30
32B
On lodging an annual return of a company for which a fee under item 15A was
paid prior to incorporation, if:

   (a)  the annual return is not one for which a fee is payable under item
        32A; and

   (b)  no fee has previously been paid under this item; in addition to the
        fee payable under item 26, 27, 28, 29, 30 or 31, as the case may be
        450"