Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The fees imposed under the Corporations (Fees) Act 2001 are payable to the Commonwealth.
(2) Review fees (which are imposed by the Corporations (Review Fees) Act 2003 ) are payable to the Commonwealth.
(3) The date on which a review fee becomes due and payable is worked out under this table.
Due date for review fees | ||
Item | For a review fee imposed on... | The due date is... |
1 | a company | 2 months after the review date to which the fee relates |
2 | 2 months after the review date to which the fee relates | |
2A | 2 months after the review date to which the fee relates | |
3 | the date prescribed by the regulations | |
4 | a natural person registered as an auditor under Part 9.2 | the date prescribed by the regulations |
6 | a person holding an Australian financial services licence under Part 7.6 | the date prescribed by the regulations |
(4) However, a review fee is not payable to the Commonwealth by a company in relation to a review date in a year if:
(a) both of the following apply:
(i) ASIC has given notice of the proposed deregistration of the company in accordance with paragraph 601AA(4)(c), and published notice of the proposed deregistration of the company in accordance with paragraph 601AA(4)(d);
(ii) the review date for that year falls in the 2 month period before or after the publication of the notice published in accordance with paragraph 601AA(4)(d); or
(b) in the case of a company, a registered scheme, a notified foreign passport fund or a registered Australian body--the company, scheme, fund or body has, in a previous year, paid the fee in respect of the review date for that year in accordance with regulations made under the Corporations (Review Fees) Act 2003 for the purposes of this section.
Note: Subsection (4) applies in relation to CCIVs with modifications: see section 1242G.