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Queensland
EQUITY AND FAIR
TRADING
(MISCELLANEOUS
PROVISIONS) BILL 2000
Queensland
EQUITY AND FAIR TRADING
(MISCELLANEOUS PROVISIONS) BILL
2000
PART 1--PRELIMINARY
1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
PART 2--AMENDMENT OF ASSOCIATIONS INCORPORATION
ACT 1981
2 Act amended in pt 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
3 Replacement of s 18 (Person may inspect register etc.) . . . . . . . . . . . . . . . 6
18 Inspecting register . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
4 Amendment of s 48 (Application to register amendment of rules) . . . . . . . 7
5 Amendment of s 59 (Audit and statement) . . . . . . . . . . . . . . . . . . . . . . . . . . 7
6 Amendment of s 61A (Eligibility for election to a management
committee) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
PART 3--AMENDMENT OF AUCTIONEERS AND AGENTS ACT
1971
7 Act amended in pt 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
8 Omission of s 7 (Exemptions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Amendment of s 19 (Corporation licence) . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Amendment of s 22 (Each separate place of business to be in the
charge of licensee or licensed manager) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
11 Amendment of s 39 (General auctioneers' licences) . . . . . . . . . . . . . . . . . . 9
12 Amendment of s 41 (Restricted auctioneers' licences) . . . . . . . . . . . . . . . . 10
13 Amendment of s 45 (Real estate agents' licences) . . . . . . . . . . . . . . . . . . . 10
14 Amendment of s 49 (Commercial agents' licences) . . . . . . . . . . . . . . . . . . 10
15 Amendment of s 57 (Motor dealers' licences) . . . . . . . . . . . . . . . . . . . . . . . 11
16 Amendment of s 62 (Each place of business to be approved) . . . . . . . . . . . 11
17 Amendment of s 78 (Offence to demand excess or improper
remuneration) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
2
Equity and Fair Trading (Miscellaneous
Provisions)
18 Amendment of s 119 (Application of fund) . . . . . . . . . . . . . . . . . . . . . . . . . . 12
19 Amendment of s 153 (Pastoral house director's licence, pastoral
house manager's licence and pastoral house auctioneer's licence) . . . . . . 12
20 Insertion of new pt 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
PART 10--TRANSITIONAL PROVISIONS FOR EQUITY AND
FAIR TRADING (MISCELLANEOUS PROVISIONS) ACT 2000
175 Continuation of Exemptions Regulation . . . . . . . . . . . . . . . . . . . . . . 13
PART 4--AMENDMENT OF BILLS OF SALE AND OTHER
INSTRUMENTS ACT 1955
51 Act amended in pt 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
22 Insertion of new s 56 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
56 Validation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
PART 5--AMENDMENT OF BUSINESS NAMES ACT 1962
23 Act amended in pt 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
24 Amendment of s 22 (Records) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
25 Amendment of s 22B (Extract from register) . . . . . . . . . . . . . . . . . . . . . . . . 15
26 Amendment of s 23 (Certificates of registration or non-registration) . . . . . 15
27 Amendment of s 24A (Provision of information) . . . . . . . . . . . . . . . . . . . . . 16
PART 6--AMENDMENT OF CHARITABLE FUNDS ACT 1958
28 Act amended in pt 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
29 Amendment of s 24 (Audit) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
PART 7--AMENDMENT OF COLLECTIONS ACT 1966
30 Act amended in pt 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
31 Amendment of s 29 (Constitution of charity etc.) . . . . . . . . . . . . . . . . . . . . . 17
32 Amendment of s 31 (Financial statements and audit) . . . . . . . . . . . . . . . . . 17
33 Amendment of s 47 (Regulations) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
34 Insertion of new schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
SCHEDULE
SECTION 29(5) REGISTERED CHARITIES
PART 8--AMENDMENT OF COOPERATIVES ACT 1997
35 Act amended in pt 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
36 Amendment of s 440 (Inspection of register) . . . . . . . . . . . . . . . . . . . . . . . . 19
3
Equity and Fair Trading (Miscellaneous
Provisions)
PART 9--AMENDMENT OF LIENS ON CROPS OF SUGAR
CANE ACT 1931
37 Act amended in pt 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
38 Insertion of new s 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
24 Validation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
PART 10--AMENDMENT OF RETURNED & SERVICES
LEAGUE OF AUSTRALIA (QUEENSLAND BRANCH) ACT 1956
39 Act amended in pt 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
40 Insertion of new ss 3A3C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
3A Vesting of property after incorporation under Associations Act . . . . 21
3B Vesting of property after registration of incorporated
association under Corporations Law . . . . . . . . . . . . . . . . . . . . . . . . . . 21
3C Vesting of property after registration of company . . . . . . . . . . . . . . . 21
PART 11--AMENDMENT OF SECURITY PROVIDERS ACT 1993
41 Act amended in pt 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
42 Amendment of s 3 (Definitions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
2000
A BILL
FOR
An Act to amend Acts administered by the Minister for Aboriginal
and Torres Strait Islander Policy and Minister for Women's
Policy and Minister for Fair Trading
s1 6 s3
Equity and Fair Trading (Miscellaneous
Provisions)
The Parliament of Queensland enacts-- 1
ART 1--PRELIMINARY 2
P
title 3
Short
Clause 1. This Act may be cited as the Equity and Fair Trading (Miscellaneous 4
Provisions) Act 2000. 5
ART 2--AMENDMENT OF ASSOCIATIONS 6
P
INCORPORATION ACT 1981 7
amended in pt 2 8
Act
Clause 2. This part amends the Associations Incorporation Act 1981. 9
of s 18 (Person may inspect register etc.) 10
Replacement
Clause 3. Section 18-- 11
omit, insert-- 12
register 13
`Inspecting
`18.(1) On payment of the fee prescribed under a regulation, a person 14
may inspect the register or get a copy of details in the register-- 15
(a) at the department's Brisbane office when the office is open to the 16
public; or 17
(b) by using a computer. 18
`(2) A person may pay the fee, in advance or in arrears, under an 19
arrangement approved by the chief executive. 20
s4 7 s5
Equity and Fair Trading (Miscellaneous
Provisions)
`(3) In this section-- 1
"computer" means a mechanical, electronic or other device for the 2
processing of data.'. 3
of s 48 (Application to register amendment of rules) 4
Amendment
Clause 4. Section 48-- 5
insert-- 6
`(8) The amendment does not take effect if it is not registered by the chief 7
executive under section 49.'. 8
of s 59 (Audit and statement) 9
Amendment
Clause 5. Section 59(1)(b)(i) and (ii)-- 10
omit, insert-- 11
`(i) a person registered as an auditor under the Corporations 12
Law; or 13
(ii) a member of the Australian Society of Certified Practising 14
Accountants or the Institute of Chartered Accountants in 15
Australia; or 16
(iii) a member of the National Institute of Accountants who-- 17
(A) holds a current public practice certificate issued by the 18
institute; and 19
(B) has satisfactorily completed an auditing component of a 20
course of study in accountancy of at least 3 years 21
duration at a tertiary level conducted by a prescribed 22
university or other prescribed institution under 23
section 1280(2)(a)(ii) of the Corporations Law; or 24
(iv) a person who the chief executive considers has appropriate 25
qualifications; and'. 26
s6 8 s8
Equity and Fair Trading (Miscellaneous
Provisions)
of s 61A (Eligibility for election to a management 1
Amendment
committee) 2
Clause 6. Section 61A-- 3
insert-- 4
`(1A) Also, a person is not eligible to be elected as a member of an 5
incorporated association's management committee if-- 6
(a) under the Bankruptcy Act 1966 (Cwlth) or the law of an external 7
territory or another country, the person is an undischarged 8
bankrupt; or 9
(b) the person has executed a deed of arrangement under the 10
Bankruptcy Act 1966 (Cwlth), part X or a corresponding law of 11
an external territory or another country and the terms of the deed 12
have not been fully complied with; or 13
(c) the person's creditors have accepted a composition under the 14
Bankruptcy Act 1966 (Cwlth), part X or a corresponding law of 15
an external territory or another country and a final payment has 16
not been made under the composition.'. 17
PART 3--AMENDMENT OF AUCTIONEERS AND 18
AGENTS ACT 1971 19
amended in pt 3 20
Act
Clause 7. This part amends the Auctioneers and Agents Act 1971. 21
of s 7 (Exemptions) 22
Omission
Clause 8. Section 7-- 23
omit. 24
s9 9 s 11
Equity and Fair Trading (Miscellaneous
Provisions)
of s 19 (Corporation licence) 1
Amendment
Clause 9.(1) Section 19(3)(b), `a director of the corporation is resident in this 2
State and, where'-- 3
omit, insert-- 4
`if'. 5
(2) Section 19(3)(b)(i) and (ii), `that director'-- 6
omit, insert-- 7
`a director of the corporation'. 8
(3) Section 19(4), definition "working director", `, resident in 9
Queensland or within 65 km of the boundary of Queensland,'-- 10
omit. 11
of s 22 (Each separate place of business to be in the 12
Amendment
charge of licensee or licensed manager) 13
Clause 10.(1) Section 22(7)(a)-- 14
omit. 15
(2) Section 22(7)(b), `21'-- 16
omit, insert-- 17
`18'. 18
(3) Section 22(7)(b) to (e)-- 19
renumber as section 22(7)(a) to (c). 20
of s 39 (General auctioneers' licences) 21
Amendment
Clause 11.(1) Section 39(1)(a)-- 22
omit. 23
(2) Section 39(1)(b), `21'-- 24
omit, insert-- 25
`18'. 26
s 12 10 s 14
Equity and Fair Trading (Miscellaneous
Provisions)
(3) Section 39(1)(b) to (e)-- 1
renumber as section 39(1)(a) to (d). 2
of s 41 (Restricted auctioneers' licences) 3
Amendment
Clause 12.(1) Section 41(4)(a)-- 4
omit. 5
(2) Section 41(4)(b), `21'-- 6
omit, insert-- 7
`18'. 8
(3) Section 41(4)(b) to (e)-- 9
renumber as section 41(4)(a) to (d). 10
of s 45 (Real estate agents' licences) 11
Amendment
Clause 13.(1) Section 45(1)(a)-- 12
omit. 13
(2) Section 45(1)(b), `21'-- 14
omit, insert-- 15
`18'. 16
(3) Section 45(1)(b) to (e)-- 17
renumber as section 45(1)(a) to (d). 18
of s 49 (Commercial agents' licences) 19
Amendment
Clause 14.(1) Section 49(1)(a)-- 20
omit. 21
(2) Section 49(1)(b), `21'-- 22
omit, insert-- 23
`18'. 24
s 15 11 s 17
Equity and Fair Trading (Miscellaneous
Provisions)
(3) Section 49(1)(b) to (e)-- 1
renumber as section 49(1)(a) to (d). 2
of s 57 (Motor dealers' licences) 3
Amendment
Clause 15.(1) Section 57(1)(a)-- 4
omit. 5
(2) Section 57(1)(b), `21'-- 6
omit, insert-- 7
`18'. 8
(3) Section 57(1)(b) to (e)-- 9
renumber as section 57(1)(a) to (d). 10
of s 62 (Each place of business to be approved) 11
Amendment
Clause 16. Section 62, `57(1)(d)'-- 12
omit, insert-- 13
`57(1)(c)'. 14
of s 78 (Offence to demand excess or improper 15
Amendment
remuneration) 16
Clause 17.(1) Section 78-- 17
insert-- 18
`(1A) Subsection (1) does not prevent the auctioneer, real estate agent, 19
commercial agent or motor dealer charging, in addition to the prescribed fee, 20
charge, commission, reward or other remuneration, an amount for GST 21
payable in relation to the supply of the service or the transaction.'. 22
(2) Section 78-- 23
insert-- 24
`(4) In this section-- 25
s 18 12 s 19
Equity and Fair Trading (Miscellaneous
Provisions)
"GST" has the same meaning as it has in the A New Tax System (Goods 1
and Services Tax) Act 1999 (Cwlth). 2
"supply" has the same meaning as it has in the A New Tax System (Goods 3
and Services Tax) Act 1999 (Cwlth).'. 4
of s 119 (Application of fund) 5
Amendment
Clause 18.(1) Section 119-- 6
insert-- 7
`(4A) A person may claim against the fund by giving the registrar written 8
notice of the substance of the claim.'. 9
(2) Section 119(5), from `No person' to `period of'--'-- 10
omit, insert-- 11
`The notice must be given within--'. 12
(3) Section 119-- 13
insert-- 14
`(6A) Despite subsection (5), for a claim of the relevant limit or less, the 15
registrar may accept a notice after the time that would otherwise apply under 16
subsection (5) if the committee consents to considering the claim.'. 17
(4) Section 119-- 18
insert-- 19
`(9) In this section-- 20
"relevant limit" means the larger of the following amounts-- 21
(a) $7 500; 22
(b) an amount prescribed under a regulation.'. 23
of s 153 (Pastoral house director's licence, pastoral house 24
Amendment
manager's licence and pastoral house auctioneer's licence) 25
Clause 19.(1) Section 153(3)(a)-- 26
omit. 27
s 20 13 s 20
Equity and Fair Trading (Miscellaneous
Provisions)
(2) Section 153(3)(b), `21'-- 1
omit, insert-- 2
`18'. 3
(3) Section 153(3)(b) to (e)-- 4
renumber as section 153(3)(a) to (d). 5
of new pt 10 6
Insertion
Clause 20. After section 174-- 7
insert-- 8
ART 10--TRANSITIONAL PROVISIONS FOR 9
`P
EQUITY AND FAIR TRADING (MISCELLANEOUS 10
PROVISIONS) ACT 2000 11
of Exemptions Regulation 12
`Continuation
`175.(1) Despite the repeal under the amending Act of section 71 of this 13
Act, the Exemptions Regulation, other than the identified provisions-- 14
(a) is not repealed; and 15
(b) continues to have effect, and may be amended or repealed, as if 16
section 7 had not been repealed. 17
`(2) However, amendment of the Exemptions Regulation-- 18
(a) must be limited to amendment necessary to accommodate 19
changes of circumstances for the particular exemptions included 20
in the regulation; and 21
(b) must not provide for anything that would be, in substance, a new 22
exemption. 23
`(3) For the ongoing application of exemptions included in the 24
Exemptions Regulation, a reference in the regulation to section 19(3)(b) of 25
this Act is a reference to that provision as amended by the amending Act. 26
1 Repealed section 7 (Exemptions)
s 21 14 s 22
Equity and Fair Trading (Miscellaneous
Provisions)
`(4) In this section-- 1
"amending Act" means the Equity and Fair Trading (Miscellaneous 2
Provisions) Act 2000. 3
"Exemptions Regulation" means the Auctioneers and Agents 4
(Exemptions) Regulation 1995. 5
"identified provisions" means the following provisions of the Exemptions 6
Regulation-- 7
(a) section 2; 8
(b) sections 4 to 5C; 9
(c) sections 5DA to 5DD; 10
(d) sections 6 and 7; 11
(e) schedule.'. 12
ART 4--AMENDMENT OF BILLS OF SALE AND 13
P
OTHER INSTRUMENTS ACT 1955 14
amended in pt 4 15
Act
Clause 21. This part amends the Bills of Sale and Other Instruments Act 1955. 16
of new s 56 17
Insertion
Clause 22. Part 6-- 18
insert-- 19
20
`Validation
`56.(1) It is declared that anything done between 23 April 1999 and 21
7 May 1999 that would have been validly done or effectual under this Act, 22
had the amending Act commenced on 23 April 1999, is and always was as 23
valid and effectual as if the amending Act had commenced on 23 April 24
1999. 25
s 23 15 s 26
Equity and Fair Trading (Miscellaneous
Provisions)
`(2) In this section-- 1
"amending Act" means the Bills of Sale and Other Securities Amendment 2
Act 1999, part 2 and the schedule. 3
"done" includes, made, applied for, registered, discharged, renewed, given, 4
exercised, charged, established, changed and omitted to be done.'. 5
PART 5--AMENDMENT OF BUSINESS NAMES ACT 6
1962 7
amended in pt 5 8
Act
Clause 23. This part amends the Business Names Act 1962. 9
of s 22 (Records) 10
Amendment
Clause 24. Section 22-- 11
insert-- 12
`(1A) A person may pay the fee, in advance or in arrears, under an 13
arrangement approved by the chief executive.'. 14
of s 22B (Extract from register) 15
Amendment
Clause 25. Section 22B-- 16
insert-- 17
`(1A) A person may pay the fee, in advance or in arrears, under an 18
arrangement approved by the chief executive.'. 19
of s 23 (Certificates of registration or non-registration) 20
Amendment
Clause 26. Section 23-- 21
insert-- 22
s 27 16 s 29
Equity and Fair Trading (Miscellaneous
Provisions)
`(1A) A person may pay the fee, in advance or in arrears, under an 1
arrangement approved by the chief executive.'. 2
of s 24A (Provision of information) 3
Amendment
Clause 27. Section 24A-- 4
insert-- 5
`(2) A person may pay the fee, in advance or in arrears, under an 6
arrangement approved by the chief executive.'. 7
PART 6--AMENDMENT OF CHARITABLE FUNDS 8
ACT 1958 9
amended in pt 6 10
Act
Clause 28. This part amends the Charitable Funds Act 1958. 11
of s 24 (Audit) 12
Amendment
Clause 29. Section 24(2)(c)(i) and (ii)-- 13
omit, insert-- 14
`(i) a person registered as an auditor under the Corporations 15
Law; or 16
(ii) a member of the Australian Society of Certified Practising 17
Accountants or the Institute of Chartered Accountants in 18
Australia; or 19
(iii) a member of the National Institute of Accountants who-- 20
(A) holds a current public practice certificate issued by the 21
institute; and 22
s 30 17 s 32
Equity and Fair Trading (Miscellaneous
Provisions)
(B) has satisfactorily completed an auditing component of a 1
course of study in accountancy of at least 3 years 2
duration at a tertiary level conducted by a prescribed 3
university or other prescribed institution under 4
section 1280(2)(a)(ii) of the Corporations Law; or 5
(iv) a person who the chief executive considers has appropriate 6
qualifications.'. 7
ART 7--AMENDMENT OF COLLECTIONS ACT 8
P
1966 9
amended in pt 7 10
Act
Clause 30. This part amends the Collections Act 1966. 11
of s 29 (Constitution of charity etc.) 12
Amendment
Clause 31. Section 29(4)-- 13
omit, insert-- 14
`(4) The constitution of each charity registered under this Act, and of each 15
association whose objects are a community purpose that is sanctioned under 16
this Act, must provide that-- 17
(a) income and property of the charity or association must be applied 18
in promotion of its objects and not distributed among members; 19
and 20
(b) dividends must not be paid to members. 21
`(5) Subsection (4) does not apply to a charity listed in the schedule.'. 22
of s 31 (Financial statements and audit) 23
Amendment
Clause 32. Section 31(1)(f)(i) and (ii)-- 24
omit, insert-- 25
s 33 18 s 34
Equity and Fair Trading (Miscellaneous
Provisions)
`(i) a person registered as an auditor under the Corporations 1
Law; or 2
(ii) a member of the Australian Society of Certified Practising 3
Accountants or the Institute of Chartered Accountants in 4
Australia; or 5
(iii) a member of the National Institute of Accountants who-- 6
(A) holds a current public practice certificate issued by the 7
institute; and 8
(B) has satisfactorily completed an auditing component of a 9
course of study in accountancy of at least 3 years 10
duration at a tertiary level conducted by a prescribed 11
university or other prescribed institution under 12
section 1280(2)(a)(ii) of the Corporations Law; or 13
(iv) a person who the chief executive considers has appropriate 14
qualifications.'. 15
of s 47 (Regulations) 16
Amendment
Clause 33. Section 47(3)(zp)-- 17
omit. 18
of new schedule 19
Insertion
Clause 34. After section 47-- 20
insert-- 21
`SCHEDULE 22
ECTION 29(5) REGISTERED CHARITIES 23
`S
section 29(5) 24
Earth Share Australia Limited (ACN 078 168 297)'. 25
s 35 19 s 37
Equity and Fair Trading (Miscellaneous
Provisions)
ART 8--AMENDMENT OF COOPERATIVES ACT 1
P
1997 2
amended in pt 8 3
Act
Clause 35. This part amends the Cooperatives Act 1997. 4
of s 440 (Inspection of register) 5
Amendment
Clause 36. Section 440-- 6
insert-- 7
`(1A) The person may do so-- 8
(a) for subsection (1)(a), (b), (c) and (e)-- 9
(i) at an office of the department when the office is open to the 10
public; or 11
(ii) by using a computer; or 12
(b) for subsection (1)(d)--at the department's Brisbane office when 13
the office is open to the public. 14
`(1B) A person may pay the fee, in advance or in arrears, under an 15
arrangement approved by the chief executive.'. 16
PART 9--AMENDMENT OF LIENS ON CROPS OF 17
SUGAR CANE ACT 1931 18
amended in pt 9 19
Act
Clause 37. This part amends the Liens on Crops of Sugar Cane Act 1931. 20
s 38 20 s 40
Equity and Fair Trading (Miscellaneous
Provisions)
of new s 24 1
Insertion
Clause 38. After section 23D-- 2
insert-- 3
4
`Validation
`24.(1) It is declared that anything done between 23 April 1999 and 5
7 May 1999 that would have been validly done or effectual under this Act, 6
had the amending Act commenced on 23 April 1999, is and always was as 7
valid and effectual as if the amending Act had commenced on 23 April 8
1999. 9
`(2) In this section-- 10
"amending Act" means the Bills of Sale and Other Securities Amendment 11
Act 1999, part 3. 12
"done" includes, made, applied for, registered, discharged, renewed, given, 13
exercised, charged, established, changed and omitted to be done.'. 14
ART 10--AMENDMENT OF RETURNED & 15
P
SERVICES LEAGUE OF AUSTRALIA (QUEENSLAND 16
BRANCH) ACT 1956 17
amended in pt 10 18
Act
Clause 39. This part amends the Returned & Services League of Australia 19
(Queensland Branch) Act 1956. 20
of new ss 3A3C 21
Insertion
Clause 40. After section 3-- 22
insert-- 23
s 40 21 s 40
Equity and Fair Trading (Miscellaneous
Provisions)
of property after incorporation under Associations Act 1
`Vesting
`3A.(1) This section applies if a district branch or sub-branch 2
(the "branch") that has adopted this Act under section 3(1) becomes 3
incorporated under the Associations Act. 4
`(2) On the branch's incorporation, sections 3(1), 4 and 7 no longer apply 5
to the branch. 6
`(3) However, for applying section 22(1)(b) of the Associations Act to 7
the branch's property, the trust mentioned in that provision includes the 8
trusts, purposes and conditions stated in the rules and by-laws, as amended 9
from time to time, governing the branch. 10
`(4) In this section-- 11
"Associations Act" means the Associations Incorporation Act 1981. 12
"branch's property" means the property that, immediately before the 13
branch's incorporation, was vested in the trustees of the branch under 14
section 3(1). 15
of property after registration of incorporated association 16
`Vesting
under Corporations Law 17
`3B.(1) This section applies if a district branch or sub-branch 18
(the "branch") that is an incorporated association under the Associations 19
Incorporation Act 1981 becomes registered as a company under the 20
Corporations Law. 21
`(2) The provisions of a trust that applied to property of the branch 22
immediately before its registration as a company continue to apply for the 23
holding of the property by the company. 24
`(3) For applying subsection (2), the trust mentioned in the subsection 25
includes the trusts, purposes and conditions stated in the rules and by-laws, 26
as amended from time to time, governing the branch. 27
of property after registration of company 28
`Vesting
`3C.(1) This section applies if-- 29
(a) a company is registered under the Corporations Law; and 30
s 41 22 s 42
Equity and Fair Trading (Miscellaneous
Provisions)
(b) property that, under section 3(1), is vested in the trustees of a 1
district branch or sub-branch (the "branch") is transferred to the 2
company by the trustees; and 3
(c) before the trustees transfer the property, the authorised 4
representative certifies to the trustees that the authorised 5
representative is satisfied the company is a suitable entity for 6
assuming, for all practical purposes, responsibility for the 7
branch's property. 8
`(2) When the transfer is completed-- 9
(a) sections 3(1), 4 and 7 no longer apply to the branch, or the 10
trustees of the branch, to the extent that the provisions relate to the 11
property the subject of the transfer; and 12
(b) the provisions of a trust that applied to the property immediately 13
before the trustees transferred the property to the company 14
continue to apply for the holding of the property by the company. 15
`(3) For applying subsection (2)(b), the trust mentioned in that provision 16
includes the trusts, purposes and conditions stated in the rules and by-laws, 17
as amended from time to time, governing the branch.'. 18
PART 11--AMENDMENT OF SECURITY 19
PROVIDERS ACT 1993 20
amended in pt 11 21
Act
Clause 41. This part amends the Security Providers Act 1993. 22
of s 3 (Definitions) 23
Amendment
Clause 42. Section 3, definition "accountant"-- 24
omit, insert-- 25
s 42 23 s 42
Equity and Fair Trading (Miscellaneous
Provisions)
` "accountant" means-- 1
(a) a person registered as an auditor under the Corporations Law; or 2
(b) a member of the Australian Society of Certified Practising 3
Accountants or the Institute of Chartered Accountants in 4
Australia; or 5
(c) a member of the National Institute of Accountants who-- 6
(i) holds a current public practice certificate issued by the 7
institute; and 8
(ii) has satisfactorily completed an auditing component of a 9
course of study in accountancy of at least 3 years duration at 10
a tertiary level conducted by a prescribed university or other 11
prescribed institution under section 1280(2)(a)(ii) of the 12
Corporations Law.'. 13
14
© State of Queensland 2000
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