TASIn ForceAct
Securities Industry (Application of Laws) Act 1981
9Amendment of Regulations pursuant to Agreement
Start here
Get a plain-English read of 9
Turn the raw legal text into a practical explanation grounded in Securities Industry (Application of Laws) Act 1981.
### 9 Amendment of Regulations pursuant to Agreement
> > (1) Where under the Agreement the Ministerial Council approves a proposed amendment of regulations in force for the time being under the Commonwealth Act or the *Securities Industry (Fees) Act 1980* of the Commonwealth and, upon the expiration of 6 months after the date on which the Ministerial Council so approved, the amendment has not been made or has been made and is subject to disallowance or has ceased to be in force by disallowance or for any other reason, the Governor may make regulations in accordance with the proposed amendment approved by the Ministerial Council amending the provisions of regulations applying by reason of [section 7](#GS7@EN) or the regulations referred to in [section 8](#GS8@EN) , as the case may be.
>
> > (2) Regulations made by the Governor under [subsection (1)](#GS9@Gs1@EN) may amend [Schedule 2](#JS2@EN) or [3](#JS3@EN) , as the case may be, and that Schedule as so amended shall be [Schedule 2](#JS2@EN) or [3](#JS3@EN) , as the case may be, to this Act.
>
> > (3) In this Act –
> >
> > > > (a) a reference to provisions of regulations applying by reason of [section 7](#GS7@EN) includes a reference to provisions as so applying as amended in accordance with this section; and
> > >
> > > > (b) a reference to fees prescribed by regulations under the *Securities Industry (Fees) Act 1980* of the Commonwealth includes a reference to those regulations as amended in accordance with this section.