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Queensland
EQUITY AND FAIR
TRADING
(MISCELLANEOUS
PROVISIONS) BILL 1999
Queensland
EQUITY AND FAIR TRADING
(MISCELLANEOUS PROVISIONS) BILL
1999
TABLE OF PROVISIONS
Section Page
PART 1--PRELIMINARY
1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
PART 2--AMENDMENT OF ASSOCIATIONS
INCORPORATION ACT 1981
3 Act amended in pt 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
4 Amendment of s 22 (Property for an association) . . . . . . . . . . . . . . . . . . . . . 8
5 Replacement of pt 4, div 4 hdg and s 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Division 4--Unsuitable names
43 Association not to have unsuitable name . . . . . . . . . . . . . . . . . . . . . 9
6 Amendment of s 44 (Notice to associations having or proposing
to have undesirable name) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
7 Amendment of s 45 (Associations may be allowed to have
undesirable names) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
8 Amendment of s 59 (Audit and statement) . . . . . . . . . . . . . . . . . . . . . . . . . . 9
9 Amendment of s 61 (Membership of management committee) . . . . . . . . . 10
10 Amendment of s 89 (Voluntary winding-up) . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Amendment of s 90 (Winding-up by the Supreme Court) . . . . . . . . . . . . . . 10
12 Amendment of s 91 (Application of Corporations Law to winding-up) . . . . 10
13 Amendment of s 92 (Distribution of surplus assets) . . . . . . . . . . . . . . . . . . . 11
14 Insertion of new pt 10A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
2
Equity and Fair Trading (Miscellaneous
Provisions)
PART 10A--REINSTATEMENT
94A Definitions for pt 10A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
94B Reinstatement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
94C Chief executive to give notice of reinstatement . . . . . . . . . . . . . . . . 13
94D Effect of reinstatement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
15 Amendment of s 105A (Application of division) . . . . . . . . . . . . . . . . . . . . . 14
16 Insertion of new s 138 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
138 Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
PART 3--AMENDMENT OF BUSINESS NAMES ACT 1962
17 Act amended in pt 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
18 Insertion of new s 24B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
24B Protection from liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
PART 4--AMENDMENT OF COOPERATIVES ACT 1997
19 Act amended in pt 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
20 Amendment of s 11 (Interpretation of adopted provisions of
Corporations Law) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
21 Amendment of s 14 (Trading cooperatives) . . . . . . . . . . . . . . . . . . . . . . . . . 15
22 Amendment of s 15 (Non-trading cooperatives) . . . . . . . . . . . . . . . . . . . . . . 16
23 Amendment of s 17 (Approval of disclosure statement) . . . . . . . . . . . . . . . 16
24 Amendment of s 71 (Cooperative to give information to person
intending to become a member) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
25 Amendment of s 76 (Repayment of shares on expulsion) . . . . . . . . . . . . . . 17
26 Replacement of s 143 (Disclosure to members) . . . . . . . . . . . . . . . . . . . . . . 18
143 Disclosure to intending shareholders in trading cooperative . . . . . . 18
143A Content of disclosure statement to intending shareholders . . . . . . . 19
143B Exemptions for disclosure statements . . . . . . . . . . . . . . . . . . . . . . . . 20
27 Insertion of new s 144A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
144A Adoption of certain Corporations Law provisions about shares . . . . 20
28 Amendment of s 170 (Purchase and repayment of shares) . . . . . . . . . . . . . 21
29 Replacement of pt 8 hdg . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
30 Replacement of s 173 (Application of part) . . . . . . . . . . . . . . . . . . . . . . . . . 21
173 Application of part to voting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
3
Equity and Fair Trading (Miscellaneous
Provisions)
31 Insertion of new s 179A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
179A Effect of disposal of shares on voting rights . . . . . . . . . . . . . . . . . . . 22
32 Insertion of new pt 8, div 2A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Division 2A--Resolution by circulated document
192A Application of div 2A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
192B Resolution by circulation of document--fewer than 50 members . . 23
33 Amendment of s 207 (Qualification of directors) . . . . . . . . . . . . . . . . . . . . . 23
34 Amendment of s 209 (Meeting of the board of directors) . . . . . . . . . . . . . . 24
35 Insertion of new pt 9, div 1A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Division 1A--Secretary
213A Secretary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
36 Amendment of s 233 (Power of registrar to grant exemptions) . . . . . . . . . . 24
37 Amendment of s 242 (Annual report) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
38 Insertion of new s 248A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
248A Restriction on use of word "cooperative" or similar words . . . . . . . 25
39 Insertion of new s 256A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
256A Adoption of certain other Corporations Law provisions . . . . . . . . . . 26
40 Amendment of s 266 (Distribution of surplus or reserves to members) . . . . 26
41 Insertion of new s 304A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
304A New body must give copy of new certificate of
registration or incorporation to registrar . . . . . . . . . . . . . . . . . . . . . . . 27
42 Replacement of pt 12, div 3 hdg . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
43 Insertion of new s 307A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
307A Method of deregistration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
44 Amendment of s 308 (Application of Corporations Law to winding-up) . . 27
45 Amendment of s 373 (Requirements before application can be made) . . . 28
46 Amendment of s 462 (Cooperative ceasing to exist) . . . . . . . . . . . . . . . . . . 29
47 Insertion of new s 466A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
466A Exemptions may be on conditions . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
48 Amendment of sch 5, s 14 (Winding-up) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
49 Amendment of sch 8 (Dictionary) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
4
Equity and Fair Trading (Miscellaneous
Provisions)
PART 5--AMENDMENT OF FAIR TRADING ACT 1989
50 Act amended in pt 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
51 Amendment of s 5 (Definitions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
52 Replacement of pt 2, div 2 hdg . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
53 Amendment of s 19 (Commissioner and other officers) . . . . . . . . . . . . . . . . 32
54 Amendment of s 20 (Office of Consumer Affairs) . . . . . . . . . . . . . . . . . . . . 32
55 Amendment of s 48 (Accepting payment without intending or
being able to supply as ordered--TPA s 58) . . . . . . . . . . . . . . . . . . . . . . . . . 32
56 Amendment of s 86 (Offence) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
57 Amendment of s 89 (Powers of inspectors) . . . . . . . . . . . . . . . . . . . . . . . . . . 33
58 Amendment of s 94 (Proceedings for offences) . . . . . . . . . . . . . . . . . . . . . . 33
59 Amendment of s 110 (Preservation of secrecy) . . . . . . . . . . . . . . . . . . . . . . 33
60 Insertion of new pt 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
PART 7--TRANSITIONAL PROVISIONS FOR EQUITY AND
FAIR TRADING (MISCELLANEOUS PROVISIONS) ACT 1999
115 Transitional provision for references to commissioner for
consumer affairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
116 Transitional provision for references to Office of
Consumer Affairs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
PART 6--AMENDMENT OF FUNERAL BENEFIT BUSINESS
ACT 1982
61 Act amended in pt 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
62 Amendment of s 55 (Acts or things lawfully done in certain cases) . . . . . . 34
PART 7--AMENDMENT OF HIRE-PURCHASE ACT 1959
63 Act amended in pt 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
64 Amendment of s 2 (Interpretation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
PART 8--AMENDMENT OF INVASION OF PRIVACY ACT 1971
65 Act amended in pt 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
66 Amendment of s 9 (Application for licence or renewal) . . . . . . . . . . . . . . . 35
67 Amendment of s 52 (Regulation making power) . . . . . . . . . . . . . . . . . . . . . 36
PART 9--AMENDMENT OF LAND SALES ACT 1984
68 Act amended in pt 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
69 Amendment of s 2 (Objects of Act) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
5
Equity and Fair Trading (Miscellaneous
Provisions)
70 Amendment of s 6 (Interpretation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
71 Amendment of s 9 (Identification of land) . . . . . . . . . . . . . . . . . . . . . . . . . . 37
72 Amendment of s 10 (Vendor must tell purchaser about significant
variations between disclosure plan and later plans) . . . . . . . . . . . . . . . . . . . 38
73 Amendment of s 10A (Purchaser must be given registrable
instrument of transfer and other documents) . . . . . . . . . . . . . . . . . . . . . . . . . 38
PART 10--AMENDMENT OF ROMAN CATHOLIC CHURCH
(INCORPORATION OF CHURCH ENTITIES) ACT 1994
74 Act amended in pt 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
75 Amendment of s 3 (Definitions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
76 Amendment of s 4 (Interpretation and application of Code of
Canon Law) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41
77 Amendment of s 9 (Request to incorporate church entity) . . . . . . . . . . . . . 41
78 Insertion of new ss 11A and 11B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
11A Vesting of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
11B Transfer of rights and liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
79 Amendment of s 16 (Request to establish existing church
corporation under this part) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43
80 Amendment of s 21 (Establishment under this part does not affect
legal personality etc.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43
81 Amendment of s 33 (Request to dissolve entity) . . . . . . . . . . . . . . . . . . . . . 44
PART 11--AMENDMENT OF SECURITY PROVIDERS ACT 1993
82 Act amended in pt 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
83 Amendment of s 20 (Renewal of licence) . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
84 Amendment of schedule (Disqualifying offence provisions under
the Criminal Code) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45
SCHEDULE 1 . . . . . . . . . . . . . . . . . . . . . . . . 46
MINOR AMENDMENTS OF COOPERATIVES ACT 1997
SCHEDULE 2 . . . . . . . . . . . . . . . . . . . . . . . . 53
MINOR AMENDMENTS OF ROMAN CATHOLIC CHURCH
(INCORPORATION OF CHURCH ENTITIES) ACT 1994
1999
A BILL
FOR
An Act to amend various Acts administered by the Minister for
Aboriginal and Torres Strait Islander Policy and Minister for
Women's Policy and Minister for Fair Trading
s1 8 s5
Equity and Fair Trading (Miscellaneous
Provisions)
The Parliament of Queensland enacts-- 1
PART 1--PRELIMINARY 2
title 3
Short
Clause 1. This Act may be cited as the Equity and Fair Trading (Miscellaneous 4
Provisions) Act 1999. 5
6
Commencement
Clause 2. This Act commences on a day to be fixed by proclamation. 7
PART 2--AMENDMENT OF ASSOCIATIONS 8
INCORPORATION ACT 1981 9
amended in pt 2 10
Act
Clause 3. This part amends the Associations Incorporation Act 1981. 11
of s 22 (Property for an association) 12
Amendment
Clause 4. Section 22(2), `section (1)(a)'-- 13
omit, insert-- 14
`subsection (1)(a)'. 15
of pt 4, div 4 hdg and s 43 16
Replacement
Clause 5.(1) Part 4, division 4, heading and section 43-- 17
omit, insert-- 18
s6 9 s8
Equity and Fair Trading (Miscellaneous
Provisions)
4--Unsuitable names 1
`Division
not to have unsuitable name 2
`Association
`43. The chief executive must not grant an association's application-- 3
(a) for incorporation--if the association's name contains anything a 4
regulation declares is an unsuitable name; or 5
(b) to register a change of name--if the proposed new name contains 6
anything a regulation declares is an unsuitable name.'. 7
of s 44 (Notice to associations having or proposing to 8
Amendment
have undesirable name) 9
Clause 6. Section 44, `undesirable'-- 10
omit, insert-- 11
`unsuitable'. 12
of s 45 (Associations may be allowed to have undesirable 13
Amendment
names) 14
Clause 7. Section 45, `undesirable'-- 15
omit, insert-- 16
`unsuitable'. 17
of s 59 (Audit and statement) 18
Amendment
Clause 8.(1) Section 59(1)(a), `prepare'-- 19
omit, insert-- 20
`prepares'. 21
(2) Section 59(1)(a)(iii), `year;'-- 22
omit, insert-- 23
`year; and'. 24
s9 10 s 12
Equity and Fair Trading (Miscellaneous
Provisions)
(3) Section 59(1)(b)(ii), `executive;'-- 1
omit, insert-- 2
`executive; and'. 3
(4) Section 59(2)(a) and (b), `association;'-- 4
omit, insert-- 5
`association; or'. 6
of s 61 (Membership of management committee) 7
Amendment
Clause 9. Section 61(5)-- 8
renumber as section 61(3). 9
of s 89 (Voluntary winding-up) 10
Amendment
Clause 10. Section 89(3) and (4)-- 11
omit. 12
of s 90 (Winding-up by the Supreme Court) 13
Amendment
Clause 11. Section 90(3) and (4)-- 14
omit. 15
of s 91 (Application of Corporations Law to winding-up) 16
Amendment
Clause 12.(1) Section 91(1)-- 17
omit, insert-- 18
`91.(1) The provisions of the Corporations Law dealing with winding-up 19
and subsequent deregistration of a company are adopted by this section and 20
apply with necessary changes for the winding-up of an association under 21
section 89 or 90. 22
s 13 11 s 14
Equity and Fair Trading (Miscellaneous
Provisions)
`(1A) To apply the Corporations Law, chapter 5A1-- 1
(a) the Corporations Law, section 601AB(3)(c) and (e)2 does not 2
apply; and 3
(b) the Corporations Law, section 601AB(3) is taken to require that 4
2 months have passed since the last notice required to be given 5
under the provision has been given.'. 6
(2) Section 91(2)(a), after `commission'-- 7
insert-- 8
`or ASIC'. 9
(3) Section 91(2)-- 10
insert-- 11
`(g) the Court--is taken to be a reference to the Supreme Court; and 12
(h) the Gazette--is taken to be a reference to the Queensland 13
Government Gazette.'. 14
of s 92 (Distribution of surplus assets) 15
Amendment
Clause 13. Section 92-- 16
insert-- 17
`(2A) This section applies despite any provision of the Corporations Law 18
adopted under section 91.'. 19
of new pt 10A 20
Insertion
Clause 14. After section 94-- 21
insert-- 22
1 Corporations Law, chapter 5A (Deregistration of companies)
2 Corporations Law, section 601AB(3) (Deregistration procedure)
s 14 12 s 14
Equity and Fair Trading (Miscellaneous
Provisions)
`PART 10A--REINSTATEMENT 1
for pt 10A 2
`Definitions
`94A. In this part-- 3
"deregistered association" means an association that-- 4
(a) has been deregistered under the provisions of the Corporations 5
Law adopted under section 91; or 6
(b) has been dissolved under the repealed part 5.6, division 8 3 of the 7
Corporations Law; or 8
(c) has had its incorporation cancelled under section 93. 9
"deregistration" means-- 10
(a) deregistration under the provisions of the Corporations Law 11
adopted under section 91; or 12
(b) dissolution under the repealed part 5.6, division 8 of the 13
Corporations Law; or 14
(c) cancellation of incorporation under section 93. 15
"reinstate", the registration of an association, includes reinstate the 16
registration of an association dissolved under the repealed part 5.6, 17
division 8 of the Corporations Law. 18
19
`Reinstatement
`94B.(1) The chief executive may, on the application of a person or on 20
the chief executive's own initiative, reinstate the registration of a 21
deregistered association if the chief executive is satisfied the association 22
should not have been deregistered. 23
`(2) A person aggrieved by the deregistration, or a former liquidator of a 24
deregistered association, may apply to the Supreme Court for an order that 25
the chief executive reinstate the association's registration. 26
3 Corporations Law, repealed part 5.6 (Winding-up generally), division 8
(Dissolution)
s 14 13 s 14
Equity and Fair Trading (Miscellaneous
Provisions)
`(3) The court may make the order if it is satisfied it is just to do so. 1
`(4) If the court makes the order, it may-- 2
(a) validate anything done between the deregistration and 3
reinstatement; and 4
(b) make any other order it considers appropriate. 5
6
Example of an order under paragraph (b)--
7
An order that property vested in the public trustee under section 94 be transferred
8
to another person.
executive to give notice of reinstatement 9
`Chief
`94C.(1) If an association's registration is reinstated, the chief executive 10
must give notice of the reinstatement to the association's secretary. 11
`(2) If an association's registration is reinstated under section 94B(1) on 12
the application of a person, the chief executive must also give notice of the 13
reinstatement to the person. 14
of reinstatement 15
`Effect
`94D.(1) On the reinstatement of an association's registration-- 16
(a) the association is taken to have continued in existence as if it had 17
not been deregistered; and 18
(b) a member of the management committee of the association 19
immediately before the deregistration again becomes a member 20
of the management committee of the association; and 21
(c) any property of the association that is still vested in the chief 22
executive revests in the association; and 23
(d) if the association held property subject to a security or other 24
interest or claim, the association takes the property subject to the 25
security or other interest or claim. 26
`(2) However, reinstatement does not affect anything done, before the 27
reinstatement, by the public trustee under this Act in relation to the 28
association's property on its deregistration.'. 29
s 15 14 s 18
Equity and Fair Trading (Miscellaneous
Provisions)
of s 105A (Application of division) 1
Amendment
Clause 15. Section 105A(g), after `dissolved'-- 2
insert-- 3
`or deregistered'. 4
of new s 138 5
Insertion
Clause 16. After section 137-- 6
insert-- 7
8
`Service
`138.(1) A document may be served on an incorporated association by 9
leaving it at, or sending it by post, telex, facsimile or similar facility to, the 10
address of the secretary, president or treasurer of the association shown in 11
the records kept under this Act by the chief executive. 12
`(2) Subsection (1) does not limit any way of serving an incorporated 13
association provided under any other law, but does not apply to the service 14
of a notice under section 93.4'. 15
ART 3--AMENDMENT OF BUSINESS NAMES ACT 16
P
1962 17
amended in pt 3 18
Act
Clause 17. This part amends the Business Names Act 1962. 19
of new s 24B 20
Insertion
Clause 18. After section 24A-- 21
insert-- 22
4 Section 93 (Cancellation of incorporation)
s 19 15 s 21
Equity and Fair Trading (Miscellaneous
Provisions)
from liability 1
`Protection
`24B.(1) The registrar is not civilly liable for an act done, or an omission 2
made, honestly and without negligence under this Act. 3
`(2) If subsection (1) prevents a civil liability attaching to the registrar, the 4
liability attaches instead to the State.'. 5
PART 4--AMENDMENT OF COOPERATIVES ACT 6
1997 7
amended in pt 4 8
Act
Clause 19. This part and schedule 1 amend the Cooperatives Act 1997. 9
of s 11 (Interpretation of adopted provisions of 10
Amendment
Corporations Law) 11
Clause 20. Section 11(2)-- 12
insert-- 13
`(g) a reference to the Australian Securities and Investments 14
Commission, however referred to, is to be read as a reference to 15
the registrar.'. 16
of s 14 (Trading cooperatives) 17
Amendment
Clause 21.(1) Section 14(2)-- 18
omit, insert-- 19
`(2) A trading cooperative is a cooperative whose rules allow it to give 20
returns or distributions on surplus or share capital.'. 21
(2) Section 14(3)(c)-- 22
omit, insert-- 23
`(c) for another trading cooperative-- 24
s 22 16 s 23
Equity and Fair Trading (Miscellaneous
Provisions)
(i) if a lesser number than 5 is prescribed under a regulation--at 1
least that number of active members; or 2
(ii) otherwise--5 or more active members.'. 3
of s 15 (Non-trading cooperatives) 4
Amendment
Clause 22.(1) Section 15(1)-- 5
omit, insert-- 6
`15.(1) A non-trading cooperative is a cooperative whose rules prohibit it 7
from giving returns or distributions on surplus or share capital to members, 8
other than the nominal value of shares, if any, at winding-up.'. 9
(2) Section 15(3)(c)-- 10
omit, insert-- 11
`(c) for another non-trading cooperative-- 12
(i) if a lesser number than 5 is prescribed under a regulation--at 13
least that number of active members; or 14
(ii) otherwise--5 or more active members.'. 15
of s 17 (Approval of disclosure statement) 16
Amendment
Clause 23.(1) Section 17(4)(b) and (c)-- 17
omit, insert-- 18
`(b) amend the draft, or require a stated amendment of the draft, and 19
then approve the amended statement; or 20
(c) approve a different statement to that submitted; or 21
(d) refuse to approve the statement; or 22
(e) require the person submitting the draft statement to give the 23
registrar any additional information the registrar reasonably 24
requires, and then act under paragraph (a), (b), (c) or (d).'. 25
(2) Section 17-- 26
insert-- 27
s 24 17 s 25
Equity and Fair Trading (Miscellaneous
Provisions)
`(5A) The registrar may approve a disclosure statement with or without 1
conditions.'. 2
of s 71 (Cooperative to give information to person 3
Amendment
intending to become a member) 4
Clause 24.(1) Section 71(2)(a), after `cooperative'-- 5
insert-- 6
`and at each other office of the cooperative in or outside Queensland, 7
including outside Australia'. 8
(2) Section 71-- 9
insert-- 10
`(3) The registrar's consent may be given on conditions.'. 11
of s 76 (Repayment of shares on expulsion) 12
Amendment
Clause 25.(1) Section 76(1), from `must'-- 13
omit, insert-- 14
`must, within 1 year after the day of expulsion-- 15
(a) repay to the former member an amount (the "repayable 16
amount") made up of the amount paid up on the shares held by 17
the member at the day of expulsion, less any amount owed by the 18
member to the cooperative at the day of expulsion under the rules 19
of the cooperative or any contract or otherwise; or 20
(b) apply the repayable amount under subsection (2) if-- 21
(i) the board considers repayment would adversely affect the 22
financial position of the cooperative; or 23
(ii) the board and the former member agree. 24
`(2) The repayable amount may be applied in 1 of the following ways-- 25
(a) the cooperative may appropriate the amount as a donation to the 26
cooperative, but only if the former member consents in writing to 27
the donation; 28
s 26 18 s 26
Equity and Fair Trading (Miscellaneous
Provisions)
(b) if the cooperative is a deposit-taking cooperative--the cooperative 1
may apply the amount as a deposit by the former member with 2
the cooperative; 3
(c) the cooperative may allot or issue debentures of the cooperative to 4
the former member in satisfaction of the amount.5'. 5
(2) Section 76(4)-- 6
omit. 7
(3) Section 76(2) and (3)-- 8
renumber as section 76(3) and (4). 9
of s 143 (Disclosure to members) 10
Replacement
Clause 26. Section 143-- 11
omit, insert-- 12
to intending shareholders in trading cooperative 13
`Disclosure
`143.(1) The board of a trading cooperative must give a person who 14
intends to acquire shares in the cooperative and is not already a shareholder 15
in the cooperative a current disclosure statement that-- 16
(a) has been approved by the registrar under section 176; or 17
(b) complies with section 143A and has been filed by the cooperative 18
with the registrar. 19
`(2) The disclosure statement must be given before the person becomes 20
bound to acquire the shares. 21
`(3) The disclosure statement is in addition to any information required to 22
be provided to the person under part 4.7 23
`(4) A disclosure statement is current until whichever of the following 24
happens first after the statement is prepared-- 25
5 See also sections 133 (Interest on deposits and debentures) and 134 (Repayment
of deposits and debentures)
6 Section 17 (Approval of disclosure statement)
7 Part 4 (Membership)
s 26 19 s 26
Equity and Fair Trading (Miscellaneous
Provisions)
(a) a change in the rights or liabilities attaching to any class of share 1
in the cooperative; 2
(b) a significant change in the financial position or prospects of the 3
cooperative; 4
(c) any of the next financial, directors' or auditor's reports required to 5
be prepared under section 232(1) become available. 6
`(5) If a disclosure statement stops being a current disclosure statement 7
because of a change mentioned in subsection (4)(a) or (b), the cooperative 8
must, within 14 days after the change-- 9
(a) give the registrar written notice-- 10
(i) that the disclosure statement is no longer current because of 11
a change mentioned in subsection (4)(a); or 12
(ii) that the disclosure statement is no longer current because of 13
a change mentioned in subsection (4)(b); or 14
(b) file a current disclosure statement with the registrar that complies 15
with section 143A. 16
of disclosure statement to intending shareholders 17
`Content
`143A. A disclosure statement given to a person under section 143 must 18
contain8-- 19
(a) a statement of the rights and liabilities attaching to shares; and 20
(b) a copy of the last annual report of the cooperative under 21
section 242,9 unless a copy of the report-- 22
(i) has already been given to the person under this Act; or 23
8 See section 144A (Adoption of certain Corporations Law provisions about
shares) for additional requirements relating to disclosure statements and other
prospectuses.
9 Section 242 (Annual report to be filed with registrar)
s 27 20 s 27
Equity and Fair Trading (Miscellaneous
Provisions)
(ii) has been made available for inspection under a notice given 1
to the person under section 71(2)10; and 2
(c) any other relevant information about the financial position and 3
prospects of the cooperative if there has been a significant change 4
since the date of the last annual report; and 5
(d) any other information the registrar directs. 6
for disclosure statements 7
`Exemptions
`143B.(1) The registrar may, by gazette notice, exempt the board or 8
boards of a trading cooperative or a class of trading cooperative from a 9
requirement under section 143 or 143A. 10
`(2) An exemption under subsection (1) may be given only if the 11
registrar is satisfied that compliance with the requirement would be 12
inappropriate in the circumstances or would impose an unreasonable 13
burden. 14
`(3) The gazette notice is subordinate legislation.'. 15
of new s 144A 16
Insertion
Clause 27. After section 144-- 17
insert-- 18
of certain Corporations Law provisions about shares 19
`Adoption
`144A.(1) The Corporations Law, sections 1025, 1026, 1027, 1032, 20
1035, 1036 and 1043 are adopted by this section and apply to shares in a 21
cooperative.11 22
10 Section 71 (Cooperative to give information to person intending to become a
member)
11 Corporations Law, sections 1025 (Certain notices not to be published), 1026
(Certain reports referring to prospectuses not to be published), 1027 (Evidentiary
provisions etc), 1032 (Expert's consent to issue of prospectus containing
statement by expert), 1035 (Prohibition of allotment unless minimum
subscription received), 1036 (Repayment of subscriptions) and 1043
(Application money to be held in trust)
s 28 21 s 30
Equity and Fair Trading (Miscellaneous
Provisions)
`(2) To apply the provisions of the Corporations Law mentioned in 1
subsection (1), a reference in the provisions to a prospectus is taken to 2
include a disclosure statement, of any type, under this Act. 3
`(3) To apply the Corporations Law, section 1035, a minimum 4
subscription, in relation to a share offer or invitation, means the minimum 5
amount that any public statement authorised by the cooperative indicates 6
must be raised by the share issue.'. 7
of s 170 (Purchase and repayment of shares) 8
Amendment
Clause 28. Section 170-- 9
insert-- 10
`(4A) A cooperative must not purchase shares or repay amounts paid up 11
on shares if-- 12
(a) the cooperative is likely to become insolvent because of the 13
repurchase of the shares or because of the repayment of amounts 14
paid up on the shares; or 15
(b) the cooperative is insolvent.'. 16
of pt 8 hdg 17
Replacement
Clause 29. Part 8, heading-- 18
omit, insert-- 19
`PART 8--VOTING AND MEETINGS'. 20
of s 173 (Application of part) 21
Replacement
Clause 30. Section 173-- 22
omit, insert-- 23
of part to voting 24
`Application
`173. The provisions of this part applying to voting apply to voting on all 25
resolutions.'. 26
s 31 22 s 32
Equity and Fair Trading (Miscellaneous
Provisions)
of new s 179A 1
Insertion
Clause 31. After section 179-- 2
insert-- 3
of disposal of shares on voting rights 4
`Effect
`179A. A member of a cooperative can not vote if the member has sold 5
or transferred, or disposed of the beneficial interest in, the member's shares, 6
or agreed to do so.'. 7
of new pt 8, div 2A 8
Insertion
Clause 32. After section 192-- 9
insert-- 10
2A--Resolution by circulated document 11
`Division
of div 2A 12
`Application
`192A.(1) This division applies to a resolution of a cooperative, including 13
a resolution appointing an officer or auditor or approving of or agreeing to 14
any act, matter or thing, if-- 15
(a) the cooperative has fewer than 50 members; and 16
(b) the resolution is required or permitted under this Act or the rules 17
of the cooperative to be passed at a general meeting of the 18
cooperative. 19
`(2) However, this division does not apply to a resolution of a 20
cooperative-- 21
(a) of which more than 14 days notice is required to be given under 22
this Act; or 23
(b) that is required to be passed by a majority other than a simple 24
majority. 25
s 33 23 s 33
Equity and Fair Trading (Miscellaneous
Provisions)
by circulation of document--fewer than 50 members 1
`Resolution
`192B.(1) If all the members of a cooperative have signed a document 2
that sets out the terms of a resolution and contains a statement that they are 3
in favour of the resolution, the resolution is taken to have been passed at a 4
general meeting of the cooperative. 5
`(2) The meeting is taken to have been held-- 6
(a) if all the members signed the document on the 1 day--on the day 7
the document was signed, at the time the document was signed 8
by the last member to sign; or 9
(b) if the members signed the document on different days--on the 10
day, and at the time, the document was signed by the last member 11
to sign. 12
`(2) The document need not exist as a single document, but may exist in 13
the form of 2 or more documents in identical terms. 14
`(3) The document is taken to constitute a minute of the general meeting. 15
`(4) Anything attached to the document and signed by the members 16
signing the document is taken to have been laid before the cooperative at the 17
general meeting. 18
`(5) The document is signed by all members of a cooperative only if the 19
document is signed by each person who was a member of the cooperative 20
at the time the document was signed by the last member to sign. 21
`(6) Nothing in this section affects or limits any rule of law about the 22
effectiveness of the assent of members of a cooperative given to a 23
document, or to an act, matter or thing, otherwise than at a general meeting 24
of the cooperative.'. 25
of s 207 (Qualification of directors) 26
Amendment
Clause 33. Section 207(2)-- 27
omit, insert-- 28
`(2) The majority of directors must be member directors. 29
`(3) Subsection (2) does not prevent the rules requiring that a greater 30
number of directors than a majority must be member directors.'. 31
s 34 24 s 37
Equity and Fair Trading (Miscellaneous
Provisions)
of s 209 (Meeting of the board of directors) 1
Amendment
Clause 34. Section 209-- 2
insert-- 3
`(4A) However, for a quorum, the member directors must outnumber 4
the independent directors by at least 1 or, if a greater number is stated in the 5
rules of the cooperative, the greater number.'. 6
of new pt 9, div 1A 7
Insertion
Clause 35. After section 213-- 8
insert-- 9
1A--Secretary 10
`Division
11
`Secretary
`213A.(1) A cooperative must have a secretary. 12
`(2) The board of the cooperative is to appoint the secretary. 13
`(3) The board may appoint a person to act as the secretary during the 14
absence or incapacity of the secretary. 15
`(4) A person is not qualified to be appointed as, or to act as, the 16
secretary unless the person is an adult who ordinarily lives in Australia.'. 17
of s 233 (Power of registrar to grant exemptions) 18
Amendment
Clause 36. Section 233(1), after `exempt a cooperative'-- 19
insert-- 20
`, a person or firm proposed to be appointed as an auditor'. 21
of s 242 (Annual report) 22
Amendment
Clause 37.(1) Section 242, heading-- 23
omit, insert-- 24
s 38 25 s 38
Equity and Fair Trading (Miscellaneous
Provisions)
`Annual report to be filed with registrar'. 1
(2) Section 242(1), `send to'-- 2
omit, insert-- 3
`file with'. 4
(3) Section 242(1)(a) to (d)-- 5
omit, insert-- 6
`(a) a list in the approved form listing the secretary, directors and the 7
principal executive officers of the cooperative and of each of its 8
subsidiaries, as at the date the annual report is filed with the 9
registrar; 10
(b) if the cooperative is required under section 232(1)12 to prepare a 11
financial report of the cooperative for its most recently ended 12
financial year--a copy of the financial report; 13
(c) a copy of the financial report of each subsidiary of the cooperative 14
for the most recently ended financial year of the subsidiary; 15
(d) a copy of any report by the auditor or the directors of the 16
cooperative or subsidiary-- 17
(i) prepared under section 232(1); or 18
(ii) on a financial report mentioned in paragraph (b) or (c);'. 19
of new s 248A 20
Insertion
Clause 38. After section 248-- 21
insert-- 22
on use of word "cooperative" or similar words 23
`Restriction
`248A.(1) A person other than a cooperative must not trade, or carry on 24
business, under a name or title containing the word `cooperative', the 25
abbreviation `co-op' or words importing a similar meaning. 26
Maximum penalty--20 penalty units. 27
12 Section 232 (Requirements for accounts and financial records)
s 39 26 s 40
Equity and Fair Trading (Miscellaneous
Provisions)
`(2) Subsection (1) does not apply to an entity mentioned in 1
section 245(6).13'. 2
of new s 256A 3
Insertion
Clause 39. After section 256-- 4
insert-- 5
of certain other Corporations Law provisions 6
`Adoption
`256A.(1) The Corporations Law, sections 1025, 1026, 1027 and 1043 14 7
are adopted by this section and apply to-- 8
(a) an issue of debentures to which section 257 applies; and 9
(b) a loan mentioned in section 260 as if it were a debenture. 10
`(2) To apply the provisions of the Corporations Law mentioned in 11
subsection (1), a reference in the provisions to a prospectus is taken to 12
include a disclosure statement under section 257 or 260.'. 13
of s 266 (Distribution of surplus or reserves to members) 14
Amendment
Clause 40.(1) Section 266(1)(b), after `members'-- 15
insert-- 16
`on the basis of business done with the cooperative or on the basis of the 17
shares held by the member'. 18
(2) Section 266(1)(c), after `dividend'-- 19
insert-- 20
`for shares held by the member'. 21
13 Section 245 (Name to include certain matter)
14 Corporations Law, sections 1025 (Certain notices not to be published), 1026
(Certain reports referring to prospectuses not to be published), 1027 (Evidentiary
provisions etc) and 1043 (Application money to be held in trust)
s 41 27 s 44
Equity and Fair Trading (Miscellaneous
Provisions)
of new s 304A 1
Insertion
Clause 41. After section 304-- 2
insert-- 3
body must give copy of new certificate of registration or 4
`New
incorporation to registrar 5
`304A. On the transfer of a cooperative under this division, the new body 6
must immediately give the registrar a copy of its new certificate of 7
registration or incorporation. 8
Maximum penalty--10 penalty units.'. 9
of pt 12, div 3 hdg 10
Replacement
Clause 42. Part 12, division 3, heading-- 11
omit, insert-- 12
`Division 3--Winding-up and deregistration'. 13
of new s 307A 14
Insertion
Clause 43. After section 307-- 15
insert-- 16
of deregistration 17
`Method
`307A. A cooperative may be deregistered in the same way and in the 18
same circumstances as a company under the Corporations Law may be 19
deregistered.'. 20
of s 308 (Application of Corporations Law to 21
Amendment
winding-up) 22
Clause 44.(1) Section 308, heading, at the end-- 23
insert-- 24
`and deregistration'. 25
s 45 28 s 45
Equity and Fair Trading (Miscellaneous
Provisions)
(2) Section 308(1)-- 1
omit insert-- 2
`308.(1) The Corporations Law, parts 5.4, 5.4A, 5.4B, 5.5, 5.6, 5.7 and 3
chapter 5A are adopted by this section and apply, subject to this division, 4
to-- 5
(a) the winding-up or deregistration of a cooperative;15 and 6
(b) a deregistered cooperative.'. 7
(2) Section 308(3)(b), after `Commission'-- 8
insert-- 9
`or ASIC'. 10
(3) Section 308(3)(e)-- 11
omit. 12
(4) Section 308(3)(g), `260'-- 13
omit, insert-- 14
`246AA'. 15
(5) Section 308(3)(f) and (g)-- 16
renumber as section 308(3)(e) and (f). 17
of s 373 (Requirements before application can be made) 18
Amendment
Clause 45.(1) Section 373(1)(b)-- 19
omit, insert-- 20
`(b) if permitted by subsection (3)-- 21
(i) a special resolution; or 22
(ii) a resolution of the board of the cooperative.'. 23
15 For cooperatives that are being or have been dissolved under the repealed part
5.6, division 8 (Dissolution) of the Corporations Law, see schedule 5
(Transitional and savings), section 14 (Winding-up).
s 46 29 s 46
Equity and Fair Trading (Miscellaneous
Provisions)
(2) Section 373(2)(b), from `approved'-- 1
omit, insert-- 2
`approved by-- 3
(i) for the non-participating cooperative--a resolution of the 4
board of the cooperative; or 5
(ii) for the Queensland cooperative--a special resolution, or a 6
resolution of the board, of the cooperative.'. 7
(3) Section 373(3), `resolution of the board'-- 8
omit, insert-- 9
`a special resolution, or by a resolution of the board,'. 10
(4) Section 373-- 11
insert-- 12
`(4) The Queensland registrar's consent may be given on conditions.'. 13
of s 462 (Cooperative ceasing to exist) 14
Amendment
Clause 46.(1) Section 462(1)-- 15
omit, insert-- 16
`462.(1) As soon as practicable after a cooperative ceases to exist, other 17
than on deregistration of the cooperative under section 308,16 the registrar 18
must deregister the cooperative by registering the cessation and cancelling 19
the registration of the cooperative.'. 20
(2) Section 462(2), dissolved'-- 21
omit, insert-- 22
`deregistered'. 23
16 Section 308 (Application of Corporations Law to winding-up and deregistration)
s 47 30 s 49
Equity and Fair Trading (Miscellaneous
Provisions)
of new s 466A 1
Insertion
Clause 47. After section 466-- 2
insert-- 3
may be on conditions 4
`Exemptions
`466A. An exemption under section 143B, 233, 256(6), 268(3), 282, 5
290, 294(4) or 374(4) may be given on conditions.'. 6
of sch 5, s 14 (Winding-up) 7
Amendment
Clause 48. Schedule 5, section 14-- 8
insert-- 9
`(2) A cooperative mentioned in subsection (1) whose registration has 10
been cancelled is taken to be a deregistered cooperative. 11
`(3) A provision of the Corporations Law dealing with a matter arising 12
out of the repeal of part 5.6, division 817 of the Corporations Law is adopted 13
by this section and applies for the provisions of the Corporations Law 14
adopted under part 12, division 3.18 15
`(4) A cooperative that is being or has been dissolved under the repealed 16
part 5.6, division 8 of the Corporations Law is taken to be a cooperative that 17
is being or has been deregistered under this Act.'. 18
of sch 8 (Dictionary) 19
Amendment
Clause 49.(1) Schedule 8, definition "accounting records"-- 20
omit. 21
(2) Schedule 8-- 22
insert-- 23
17 Corporations Law, repealed part 5.6 (Winding-up generally), division 8
(Dissolution)
18 Part 12 (Merger, transfer of engagements, winding-up), division 3 (Winding-up
and deregistration)
s 50 31 s 51
Equity and Fair Trading (Miscellaneous
Provisions)
` "deregistration" means deregistration under section 308 or 462(1) or 1
schedule 5, section 14. 2
"financial records" include-- 3
(a) invoices, receipts, orders for the payment of money, bills of 4
exchange, cheques, promissory notes and vouchers; and 5
(b) documents of prime entry; and 6
(c) working papers and other documents needed to explain-- 7
(i) the methods by which financial statements are made up; and 8
(ii) adjustments to be made in preparing financial statements. 9
"secretary", of a cooperative, means the person appointed under 10
section 213A to be, or to act as, the secretary of the cooperative.'. 11
PART 5--AMENDMENT OF FAIR TRADING ACT 12
1989 13
amended in pt 5 14
Act
Clause 50. This part amends the Fair Trading Act 1989. 15
of s 5 (Definitions) 16
Amendment
Clause 51.(1) Section 5, definition "commissioner", `consumer affairs'-- 17
omit, insert-- 18
`fair trading'. 19
(2) Section 5, definition "office", `Consumer Affairs'-- 20
omit, insert-- 21
`Fair Trading'. 22
s 52 32 s 55
Equity and Fair Trading (Miscellaneous
Provisions)
of pt 2, div 2 hdg 1
Replacement
Clause 52. Part 2, division 2, heading-- 2
omit, insert-- 3
`Division 2--Commissioner for fair trading and Office of Fair 4
Trading'. 5
of s 19 (Commissioner and other officers) 6
Amendment
Clause 53. Section 19(1), `consumer affairs'-- 7
omit, insert-- 8
`fair trading'. 9
of s 20 (Office of Consumer Affairs) 10
Amendment
Clause 54.(1) Section 20, heading, `Consumer Affairs'-- 11
omit, insert-- 12
`Fair Trading'. 13
(2) Section 20(1), `Consumer Affairs'-- 14
omit, insert-- 15
`Fair Trading'. 16
of s 48 (Accepting payment without intending or being 17
Amendment
able to supply as ordered--TPA s 58) 18
Clause 55. Section 48, penalty, `400'-- 19
omit, insert-- 20
`540'. 21
s 56 33 s 60
Equity and Fair Trading (Miscellaneous
Provisions)
of s 86 (Offence) 1
Amendment
Clause 56. Section 86, penalty, `400'-- 2
omit, insert-- 3
`540'. 4
of s 89 (Powers of inspectors) 5
Amendment
Clause 57. Section 89(4)(b), after `directed'-- 6
insert-- 7
`and to all persons acting in aid of the inspector'. 8
of s 94 (Proceedings for offences) 9
Amendment
Clause 58. Section 94(3)(a), `shall be 200'-- 10
omit, insert-- 11
`is 270'. 12
of s 110 (Preservation of secrecy) 13
Amendment
Clause 59. Section 110-- 14
insert-- 15
`(2A) The commissioner may communicate to the appropriate Minister 16
or official of another country information that the commissioner considers 17
should be communicated for the administration of the law of the other 18
country.'. 19
of new pt 7 20
Insertion
Clause 60. After section 114-- 21
s 61 34 s 62
Equity and Fair Trading (Miscellaneous
Provisions)
insert-- 1
ART 7--TRANSITIONAL PROVISIONS FOR 2
`P
EQUITY AND FAIR TRADING (MISCELLANEOUS 3
PROVISIONS) ACT 1999 4
provision for references to commissioner for consumer 5
`Transitional
affairs 6
`115. A reference in any Act or document to the commissioner for 7
consumer affairs may, if the context permits, be taken to be a reference to 8
the commissioner for fair trading. 9
provision for references to Office of Consumer Affairs 10
`Transitional
`116. A reference in any Act or document to the Office of Consumer 11
Affairs may, if the context permits, be taken to be a reference to the Office 12
of Fair Trading.'. 13
PART 6--AMENDMENT OF FUNERAL BENEFIT 14
BUSINESS ACT 1982 15
amended in pt 6 16
Act
Clause 61. This part amends the Funeral Benefit Business Act 1982. 17
of s 55 (Acts or things lawfully done in certain cases) 18
Amendment
Clause 62. Section 55(a), after `a society'-- 19
insert-- 20
`or foreign society'. 21
s 63 35 s 66
Equity and Fair Trading (Miscellaneous
Provisions)
PART 7--AMENDMENT OF HIRE-PURCHASE ACT 1
1959 2
amended in pt 7 3
Act
Clause 63. This part amends the Hire-purchase Act 1959. 4
of s 2 (Interpretation) 5
Amendment
Clause 64. Section 2(1), definition "hire-purchase agreement"-- 6
insert-- 7
`(g) that is or is part of a transaction for 1 or both of the following-- 8
(i) the letting, with an option to purchase, of goods of a total 9
market value of more than $40 000 000 at the time the 10
transaction is entered into; 11
(ii) the purchase by instalments of goods of a total market value 12
of more than $40 000 000 at the time the transaction is 13
entered into.'. 14
ART 8--AMENDMENT OF INVASION OF 15
P
PRIVACY ACT 1971 16
amended in pt 8 17
Act
Clause 65. This part amends the Invasion of Privacy Act 1971. 18
of s 9 (Application for licence or renewal) 19
Amendment
Clause 66.(1) Section 9(1)(d)-- 20
omit. 21
s 67 36 s 70
Equity and Fair Trading (Miscellaneous
Provisions)
(2) Section 9(1)(e)-- 1
renumber as section 9(1)(d). 2
of s 52 (Regulation making power) 3
Amendment
Clause 67. Section 52-- 4
insert-- 5
`(3) A regulation may provide for a maximum penalty of 20 penalty 6
units for a contravention of the regulation.'. 7
ART 9--AMENDMENT OF LAND SALES ACT 1984 8
P
amended in pt 9 9
Act
Clause 68. This part amends the Land Sales Act 1984. 10
of s 2 (Objects of Act) 11
Amendment
Clause 69. Section 2(d), `Local Government (Planning and Environment) Act 12
1990'-- 13
omit, insert-- 14
`Integrated Planning Act 1997'. 15
of s 6 (Interpretation) 16
Amendment
Clause 70.(1) Section 6, heading-- 17
omit, insert-- 18
`Definitions'. 19
(2) Section 6(1), definition "Planning Act"-- 20
omit. 21
s 71 37 s 71
Equity and Fair Trading (Miscellaneous
Provisions)
(3) Section 6(1)-- 1
insert-- 2
` "Planning Act" means the Integrated Planning Act 1997.'. 3
(4) Section 6(1), definition "proposed lot", `that,'-- 4
omit, insert-- 5
`that'. 6
(5) Section 6(1) definition "subdivision application", `section 5.1'-- 7
omit, insert-- 8
`chapter 3, part 719'. 9
(6) Before section 6(2)-- 10
insert-- 11
`Meaning of purchaser'. 12
(7) Section 6(3), `(2)'-- 13
omit, insert-- 14
`(1)'. 15
(8) Section 6(3), `subsection (1)'-- 16
omit, insert-- 17
`section 6'. 18
(9) Section 6(2) and (3)-- 19
renumber as section 6A(1) and (2). 20
of s 9 (Identification of land) 21
Amendment
Clause 71.(1) Section 9(1)(b)-- 22
omit, insert-- 23
19 Integrated Planning Act 1997, chapter 3 (Integrated development assessment
system (IDAS), part 7 (Plans of subdivision)
s 72 38 s 73
Equity and Fair Trading (Miscellaneous
Provisions)
`(b) a copy of the plan of survey for the proposed allotment approved 1
by the local government under the Planning Act, chapter 3, 2
part 7.20'. 3
(2) Section 9(3)(f), `section 10A(1)'-- 4
omit, insert-- 5
`section 10A(3)'. 6
of s 10 (Vendor must tell purchaser about significant 7
Amendment
variations between disclosure plan and later plans) 8
Clause 72.(1) Section 10(1)(b), from `(b)' to `allotment; or'-- 9
omit, insert-- 10
`(b) there is a significant variation, not attributable to the purchaser, 11
between the details contained in-- 12
(i) the disclosure plan given to the purchaser under section 9(1) 13
and a plan of survey for the proposed allotment approved by 14
the local government under the Planning Act, chapter 3, 15
part 7 that the vendor proposes to register under the Land 16
Act 1994 or Land Title Act 1994; or'. 17
(2) Section 10(1)(b)(ii), `section 10A(1)(b)'-- 18
omit, insert-- 19
`section 10A(3)(b)'. 20
of s 10A (Purchaser must be given registrable 21
Amendment
instrument of transfer and other documents) 22
Clause 73.(1) Section 10A(2) and (3)-- 23
renumber as section 10A(4) and (5). 24
(2) Section 10A(1), words before paragraph (a)-- 25
20 Integrated Planning Act 1997, chapter 3 (Integrated development assessment
system (IDAS), part 7 (Plans of subdivision)
s 74 39 s 75
Equity and Fair Trading (Miscellaneous
Provisions)
omit, insert-- 1
`10A.(1) The vendor of a proposed allotment must give the purchaser the 2
registrable instrument of transfer for the allotment not later than 18 months 3
after the purchaser enters upon the purchase of the allotment. 4
`(2) Subsection (3) applies if the vendor of a proposed allotment does not 5
give the purchaser a copy of the plan of survey for the proposed allotment 6
approved by the local government under the Planning Act, chapter 3, 7
part 7 21 before the purchaser enters upon the purchase of the proposed 8
allotment. 9
`(3) The vendor must give the purchaser the following documents 10
relating to the allotment not later than 18 months after the purchaser enters 11
upon the purchase of the allotment--'. 12
(3) Section 10A(5) as renumbered, `(1)(c)'-- 13
omit, insert-- 14
`(1) or (3)(c)'. 15
ART 10--AMENDMENT OF ROMAN CATHOLIC 16
P
CHURCH (INCORPORATION OF CHURCH 17
ENTITIES) ACT 1994 18
amended in pt 10 19
Act
Clause 74. This part and schedule 2 amend the Roman Catholic Church 20
(Incorporation of Church Entities) Act 1994. 21
of s 3 (Definitions) 22
Amendment
Clause 75.(1) Section 3, definitions "Code of Canon Law" and "incorporated 23
church entity"-- 24
21 Integrated Planning Act 1997, chapter 3 (Integrated development assessment
system (IDAS), part 7 (Plans of subdivision)
s 75 40 s 75
Equity and Fair Trading (Miscellaneous
Provisions)
omit. 1
(2) Section 3-- 2
insert-- 3
` "associated entity" means a discrete service, work, activity or part of-- 4
(a) a diocese or archdiocese, or the trustees of a diocese or 5
archdiocese, of the church; or 6
(b) a religious institute or the members of a religious institute; or 7
(c) a juridic person, or a juridic person's competent authority; or 8
(d) 1 or more holders of an office of the church under canon law. 9
"canon law" means the Code of Canon Law of the church and the statutes 10
of juridic persons. 11
"competent authority", of a juridic person or religious institute, means the 12
person's or institute's competent authority as decided under canon law. 13
"incorporated church entity" means-- 14
(a) an entity established under this Act; or 15
(b) an AI Act corporation established under this Act; or 16
(c) a RECI Act corporation established under this Act; 17
and includes-- 18
(d) the Corporation of the Bishops; and 19
(e) for part 522--an AI Act corporation or RECI Act corporation that 20
is not established under this Act. 21
"juridic person" means a juridic person of the church. 22
"religious institute" means an Institute of Consecrated Life or a Society of 23
Apostolic Life.'. 24
(3) Section 3, definitions "bishop" and "officer", `the Code of Canon 25
Law'-- 26
omit, insert-- 27
22 Part 5 (Legal capacity and powers of incorporated church entities)
s 76 41 s 77
Equity and Fair Trading (Miscellaneous
Provisions)
`canon law'. 1
(4) Section 3, definition "church entity", from paragraph (b)-- 2
omit, insert-- 3
`(b) a religious institute or the members of a religious institute; or 4
(c) a juridic person, or a juridic person's competent authority; or 5
(d) 1 or more holders of an office of the church under canon law; or 6
(e) an associated entity.'. 7
of s 4 (Interpretation and application of Code of Canon 8
Amendment
Law) 9
Clause 76.(1) Section 4, heading, `Code of Canon Law'-- 10
omit, insert-- 11
`canon law'. 12
(2) Section 4, from `applying the Code' to `the code'-- 13
omit, insert-- 14
`applying canon law to matters under this Act, canon law'. 15
of s 9 (Request to incorporate church entity) 16
Amendment
Clause 77.(1) Section 9-- 17
insert-- 18
`(2A) Before asking for incorporation of a religious institute or an 19
associated entity of a religious institute, the bishop or Corporation of the 20
Bishops must obtain written consent to the making of the request from the 21
religious institute's competent authority who has jurisdiction for the State. 22
`(2B) If the request is for the incorporation of an associated entity of a 23
religious institute, the consent under subsection (2A) must state any assets 24
that are to vest in the associated entity on its establishment as a corporation 25
under this part.'. 26
(2) Section 9(3)-- 27
s 78 42 s 78
Equity and Fair Trading (Miscellaneous
Provisions)
insert-- 1
`(e) if the request is for the incorporation of an associated entity, other 2
than an associated entity of a religious institute--state any assets 3
that are to vest in the associated entity on its establishment as a 4
corporation under this part; and 5
(f) if the request is for the incorporation of an associated entity of a 6
religious institute--be accompanied by a copy of the consent 7
mentioned in subsection (2A).'. 8
of new ss 11A and 11B 9
Insertion
Clause 78. After section 11-- 10
insert-- 11
of assets 12
`Vesting
`11A.(1) On the establishment of a church entity, other than an 13
associated entity, as a corporation under this part, the church entity's assets 14
vest in the corporation. 15
`(2) On the establishment of an associated entity as a corporation under 16
this part, the following assets vest in the corporation-- 17
(a) for an associated entity of a religious institute--only the assets 18
stated in the consent mentioned in section 9(2A);23 19
(b) for another associated entity--only the assets stated in the request 20
under section 9(3)(e). 21
of rights and liabilities 22
`Transfer
`11B. On the establishment of a church entity as a corporation under this 23
part-- 24
(a) the rights and liabilities of the entity become the rights and 25
liabilities of the corporation; and 26
23 Section 9 (Request to incorporate church entity)
s 79 43 s 80
Equity and Fair Trading (Miscellaneous
Provisions)
(b) a legal proceeding by or against the entity that has not been 1
finished before the establishment may be continued and finished 2
by or against the corporation.'. 3
of s 16 (Request to establish existing church corporation 4
Amendment
under this part) 5
Clause 79.(1) Section 16-- 6
insert-- 7
`(2A) However, if the existing church corporation is a religious institute 8
or an associated entity of a religious institute, a request for establishment 9
may be made only if the religious institute's competent authority who has 10
jurisdiction for the State has given written consent to the making of the 11
request. 12
`(2B) The consent must be given to the bishop or Corporation of the 13
Bishops making the request.'. 14
(2) Section 16(3)-- 15
insert-- 16
`(d) if the existing church corporation is a religious institute or an 17
associated entity of a religious institute--be accompanied by a 18
copy of the consent mentioned in subsection (2A).'. 19
of s 21 (Establishment under this part does not affect 20
Amendment
legal personality etc.) 21
Clause 80. Section 21-- 22
insert-- 23
`(4) To remove doubt, it is declared that the assets held by the existing 24
church corporation immediately before its establishment under this part 25
become, on the establishment, the assets of the corporation established 26
under this part.'. 27
s 81 44 s 83
Equity and Fair Trading (Miscellaneous
Provisions)
of s 33 (Request to dissolve entity) 1
Amendment
Clause 81.(1) Section 33(3)-- 2
omit, insert-- 3
`(3) The request may be made only if-- 4
(a) dissolution of the entity accords with canon law; and 5
(b) for an entity that is a religious institute or an associated entity of a 6
religious institute--the religious institute's competent authority 7
who has jurisdiction for the State has given the person making the 8
request written consent to the making of the request.'. 9
(2) Section 33(4)(e), `the Code of Canon Law'-- 10
omit, insert-- 11
`canon law'. 12
(3) Section 33(4)-- 13
insert-- 14
`(f) for an entity that is a religious institute or an associated entity of a 15
religious entity--be accompanied by a copy of the consent 16
mentioned in subsection (3)(b).'. 17
ART 11--AMENDMENT OF SECURITY 18
P
PROVIDERS ACT 1993 19
amended in pt 11 20
Act
Clause 82. This part amends the Security Providers Act 1993. 21
of s 20 (Renewal of licence) 22
Amendment
Clause 83. Section 20-- 23
insert-- 24
s 84 45 s 84
Equity and Fair Trading (Miscellaneous
Provisions)
`(5) If an application is made under subsection (1) for the renewal of a 1
licence and the chief executive has not, before the licence ends, decided 2
whether to renew the licence, the licence is taken to continue in force until 3
the day the chief executive renews, or refuses to renew, the licence.'. 4
of schedule (Disqualifying offence provisions under the 5
Amendment
Criminal Code) 6
Clause 84. Schedule, part 1-- 7
insert-- 8
`3A. Chapter 22 (Offences against morality)'. 9
46
Equity and Fair Trading (Miscellaneous
Provisions)
CHEDULE 1 1
¡S
MINOR AMENDMENTS OF COOPERATIVES ACT 2
1997 3
section 19 4
1. Section 10(3), after `Securities'-- 5
insert-- 6
`and Investments'. 7
2. Section 11(2)(a), after `association'-- 8
insert-- 9
`or constitution or replaceable rules'. 10
3. Section 16(3)(c), after `persons'-- 11
insert-- 12
`, or if a lesser number than 5 is prescribed under a regulation, not less 13
than the prescribed number of persons,'. 14
4. Section 19(1)(c)(ii), after `5'-- 15
`, or if a lesser number than 5 is prescribed under a regulation, at least the 16
prescribed number of,'. 17
5. Section 66(1)(f), `dissolved'-- 18
omit, insert-- 19
`deregistered'. 20
47
Equity and Fair Trading (Miscellaneous
Provisions)
SCHEDULE 1 (continued)
6. Section 68(3)(b), after `5'-- 1
insert-- 2
`, or if a lesser number than 5 is prescribed under a regulation, the 3
prescribed number'. 4
7. Section 72-- 5
insert-- 6
`(1A) The calculation of the amount of a particular member's regular 7
subscription may be based on the amount of business the member does 8
with the cooperative.'. 9
8. Section 133(1), after `section' (second mention)-- 10
insert-- 11
`7624 or'. 12
9. Section 134(1), after `division'-- 13
insert-- 14
`or section 76(2)'. 15
10. Section 135, `in the approved form'-- 16
omit. 17
11. Section 149-- 18
insert-- 19
24 Section 76 (Repayment of shares on expulsion)
48
Equity and Fair Trading (Miscellaneous
Provisions)
SCHEDULE 1 (continued)
`(7) To remove any doubt, it is declared that this section does not apply 1
to the issue of bonus shares to a member under section 266.25'. 2
12. Section 198(1), `19 months'-- 3
omit, insert-- 4
`18 months'. 5
13. Section 204(1), after `records'-- 6
insert-- 7
`within 28 days after the meeting'. 8
14. Section 208(1)(b)(iii), `590, 591'-- 9
omit, insert-- 10
`344, 590'. 11
15. Section 210(6), after `board'-- 12
insert-- 13
`within 28 days after the resolution is approved'. 14
16. Section 221(1), after `sections'-- 15
insert-- 16
`344,'. 17
25 Section 266 (Distribution of surplus or reserves to members)
49
Equity and Fair Trading (Miscellaneous
Provisions)
SCHEDULE 1 (continued)
17. Section 221(2)(c)-- 1
omit. 2
18. Section 232, heading, `accounting'-- 3
omit, insert-- 4
`financial'. 5
19. Section 232(1)(a), `accounting'-- 6
omit, insert-- 7
`financial'. 8
20. Section 232(2)(a), `parts 3.6 and 3.7'-- 9
omit, insert-- 10
`part 2F.3 or chapter 2M26'. 11
21. Section 232(2)(b), `parts 3.6 and 3.7'-- 12
omit, insert-- 13
`chapter 2M'. 14
22. Section 252(a), after `cooperative'-- 15
insert-- 16
`is authorised by its rules to accept money on deposit and'. 17
26 Corporations Law, part 2F.3 (Inspection of books) and chapter 2M (Financial
reports and audit)
50
Equity and Fair Trading (Miscellaneous
Provisions)
SCHEDULE 1 (continued)
23. Section 259, after `members'-- 1
insert-- 2
`or employees'. 3
24. Section 273(2), `person or'-- 4
omit. 5
25. Section 273-- 6
insert-- 7
`(6) The registrar's approval of the resolution may be given on 8
conditions.'. 9
26. Section 301(1)(c), after `association'-- 10
insert-- 11
`or constitution or replaceable rules'. 12
27. Section 303(1), after `association'-- 13
insert-- 14
`or constitution or replaceable rules'. 15
28. Section 315(2)(a), `164 and 166'-- 16
omit, insert-- 17
`128 and 129'. 18
29. Section 330, `(except section 588G)'-- 19
omit. 20
51
Equity and Fair Trading (Miscellaneous
Provisions)
SCHEDULE 1 (continued)
30. Section 330(2)(b), `289'-- 1
omit, insert-- 2
`286'. 3
31. Section 344(2)(d), `dissolution'-- 4
omit, insert-- 5
`deregistration'. 6
32. Section 367-- 7
insert-- 8
`(h) the address of the registered office of a non-participating 9
cooperative registered under this part in the state or country in 10
which it is registered, incorporated or formed; or 11
(i) the name under which a non-participating cooperative registered 12
under this part carries on business in the state or country in which 13
it is registered, incorporated or formed;'. 14
33. Section 381(d), `dissolved'-- 15
omit, insert-- 16
`deregistered'. 17
34. Section 439(d), `dissolved'-- 18
omit, insert-- 19
`deregistered'. 20
52
Equity and Fair Trading (Miscellaneous
Provisions)
SCHEDULE 1 (continued)
35. Section 446(2), `dissolution'-- 1
omit, insert-- 2
`deregistration'. 3
36. Section 456(4)(f), after `Securities'-- 4
insert-- 5
`and Investments'. 6
37. Section 463(3)(b), after `business'-- 7
insert-- 8
`or to the registered office of the foreign cooperative in its place of 9
registration, incorporation or formation.'. 10
38. Schedule 4, section 24(2)(a), `562'-- 11
omit, insert-- 12
`556'. 13
14
53
Equity and Fair Trading (Miscellaneous
Provisions)
CHEDULE 2 1
¡S
MINOR AMENDMENTS OF ROMAN CATHOLIC 2
CHURCH (INCORPORATION OF CHURCH 3
ENTITIES) ACT 1994 4
section 74 5
1. Section 2-- 6
omit. 7
2. Sections 11(1), 13, 18(1), 20, 27(1) and (2)(b) and 28(3)(a), `the Code 8
of Canon Law'-- 9
omit, insert-- 10
`canon law'. 11
© State of Queensland 1999
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