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This is a Bill, not an Act. For current law, see the Acts databases.
PARLIAMENT OF VICTORIA
Legislation Reform (Repeals No. 5) Bill 2009
TABLE OF PROVISIONS
Clause Page
1 Purposes 1
2 Commencement 1
3 Repeal of Acts 2
4 Amendment of Corporations (Ancillary Provisions) Act 2001 2
5 Repeal of repealing Act 2
__________________
SCHEDULES 3
SCHEDULE 1--Repeal of Acts 3
SCHEDULE 2--Amendment of Corporations (Ancillary Provisions)
Act 2001 4
ENDNOTES 6
561332B.I-24/11/2009 i BILL LA INTRODUCTION 24/11/2009
PARLIAMENT OF VICTORIA
Introduced in the Assembly
Legislation Reform (Repeals No. 5) Bill
2009
A Bill for an Act to repeal certain redundant Acts relating to
companies and related matters and to make a consequential
amendment to the Corporations (Ancillary Provisions) Act 2001.
The Parliament of Victoria enacts:
1 Purposes
The purposes of this Act are--
(a) to repeal a number of redundant Acts relating
to companies and related matters; and
5 (b) to make a consequential amendment to the
Corporations (Ancillary Provisions) Act
2001.
2 Commencement
This Act comes into operation on the day after the
10 day that it receives the Royal Assent.
561332B.I-24/11/2009 1 BILL LA INTRODUCTION 24/11/2009
Legislation Reform (Repeals No. 5) Bill 2009
s. 3
3 Repeal of Acts
The Acts listed in Schedule 1 are repealed.
4 Amendment of Corporations (Ancillary Provisions)
Act 2001
5 The Corporations (Ancillary Provisions) Act
2001 is amended as set out in Schedule 2.
5 Repeal of repealing Act
This Act is repealed on the first anniversary of
the day on which it receives the Royal Assent.
10 Note
The repeal of this Act does not affect the repeals and amendment
made by it (see section 15(1) of the Interpretation of Legislation
Act 1984).
__________________
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Legislation Reform (Repeals No. 5) Bill 2009
Sch. 1
SCHEDULES
SCHEDULE 1
REPEAL OF ACTS
Section 3
Act No. Title of Act
1961
6839 Companies Act 1961
1975
8787 Companies Act 1975
8788 Securities Industry Act 1975
1981
9562 Securities Industry (Application of Laws) Act 1981
9563 Companies and Securities (Interpretation and
Miscellaneous Provisions) (Application of Laws) Act
1981
9564 Companies (Acquisition of Shares) (Application of
Laws) Act 1981
9712 Companies (Application of Laws) Act 1981
1986
56/1986 Futures Industry (Application of Laws) Act 1986
__________________
561332B.I-24/11/2009 3 BILL LA INTRODUCTION 24/11/2009
Legislation Reform (Repeals No. 5) Bill 2009
Sch. 2
SCHEDULE 2
Section 4
AMENDMENT OF CORPORATIONS (ANCILLARY
PROVISIONS) ACT 2001
5 After section 25 of the Corporations (Ancillary
Provisions) Act 2001 insert--
"26 Additional regulation making powers
(1) Without limiting section 25, the Governor in
Council may make regulations for or with
10 respect to matters of a transitional nature
relating to the repeal of the Acts listed in
Schedule 1 to the Legislation Reform
(Repeals No. 5) Act 2009.
(2) Any provision of the regulations made under
15 this section may be expressed to take effect
from a time that is earlier than the beginning
of the day on which the regulations
containing the provision are made, not being
a time earlier than immediately before the
20 day on which the Legislation Reform
(Repeals No. 5) Act 2009 receives the Royal
Assent.
(3) To the extent to which a provision of the
regulations made under this section takes
25 effect from a time that is earlier than the
beginning of the day on which the
regulations containing the provision are
made, the provision does not operate so as--
(a) to affect in a manner prejudicial to any
30 person (other than the Crown or an
authority of the Crown), the rights of
that person existing before the date of
making of those regulations; or
561332B.I-24/11/2009 4 BILL LA INTRODUCTION 24/11/2009
Legislation Reform (Repeals No. 5) Bill 2009
Sch. 2
(b) to impose liabilities on any person
(other than the Crown or an authority of
the Crown) in respect of anything done
or omitted to be done before the date of
5 making of those regulations.
(4) In this section, matters of a transitional
nature includes matters of an application or
savings nature.".
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Legislation Reform (Repeals No. 5) Bill 2009
Endnotes
ENDNOTES
By Authority. Government Printer for the State of Victoria.
561332B.I-24/11/2009 6 BILL LA INTRODUCTION 24/11/2009
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