Commonwealth legislation

Corporations Amendment (No. 1) Act 2010 - Proclamation

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

What this document does

This is a formal legal notice (a "proclamation") that switches on part of an existing law. Specifically, it activates Schedule 1 of the Corporations Amendment (No. 1) Act 2010 on 13 December 2010.

Why this matters

When Parliament passes amendments to corporate law, they often don't take effect immediately. This document acts like a delayed timer. The Governor-General is formally fixing the date when whatever changes are contained in Schedule 1 (which could involve company directors' duties, financial reporting rules, or insolvency procedures) finally become legally enforceable.

Who is affected

Anyone bound by the amendments in Schedule 1 of the 2010 Act — typically Australian companies, their officers, and insolvency practitioners — needed to comply with these changes from 13 December 2010 onwards.

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Current sections

Direct links to the current provisions in Corporations Amendment (No. 1) Act 2010 - Proclamation.

Corporations Amendment (No. 1) Act 2010 - Proclamation

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Proclamation

Corporations Amendment (No. 1) Act 2010

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under item 2 of the table in subsection 2 (1) of the Corporations Amendment (No. 1) Act 2010, fix 13 December 2010 as the day on which Schedule 1 to that Act commences.

Signed and sealed with the Great Seal of Australia on 8 December 2010

QUENTIN BRYCE Governor-General

By Her Excellency’s Command

DAVID BRADBURY

Parliamentary Secretary to the Treasurer

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.