Sch 6Amendment of the Corporations Law set out in section 82 of the Corporations Act 1989 to take account of the Managed Investments Act 1998

Schedule 6—Amendment of the Corporations Law set out in section 82 of the Corporations Act 1989 to take account of the Managed Investments Act 1998 The provisions of the Corporations Law specified in this Part are amended by omitting “The ASC” (wherever occurring) and “the ASC” (wherever occurring) and in both cases substituting “ASIC”. Note 1: The headings to sections 601EC, 601FF, 601FJ, 601FN, 601HD, 601HF, 601NG and 601PB are altered by omitting “ASC” or “the ASC”, and substituting “ASIC”. The provisions of the Corporations Law specified in this Part are amended by omitting “The ASC” (wherever occurring) and “the ASC” (wherever occurring) and in both cases substituting “ASIC”. (c) if a corporation included in the Register ceases to exist, or ceases to be a corporation to which this Act applies—cause the corporation’s name, address of registered office, and any other particulars of the corporation, to be removed from the Register. Section 56 of the Australian Prudential Regulation Authority Act 1998 prohibits certain disclosures of information received under this Act. (1A) APRA may, in writing, authorise a person who is an APRA staff member, within the meaning of the Australian Prudential Regulation Authority Act 1998, to perform the functions of an authorised person under this Act. (3) The Treasurer may give APRA or ASIC directions about the performance or exercise of its functions or powers under this Act. (2A) APRA’s powers under subsection (2) to make copies of, or take extracts from, books may be exercised on APRA’s behalf by an authorised person. (b) an inspector may, by signed instrument, delegate his or her powers to an APRA staff member, within the meaning of the Australian Prudential Regulation Authority Act 1998. Add: (2) The following provisions of this Act have effect, in relation to this section, as if references to APRA were instead references to ASIC: Section 56 of the Australian Prudential Regulation Authority Act 1998 prohibits certain disclosures of information received under this Act. Note 1: The headings to sections 34A, 44, 48, 48B, 49J, 49N, 51, 52 and 55 are altered by omitting “Commissioner” and substituting “APRA”.