Western Australian Consolidated Acts

CORPORATIONS (ANCILLARY PROVISIONS) ACT 2001 - SECT 22

22 .         Power to amend certain statutory rules

        (1)         The Governor, on the recommendation of the Minister, may make regulations amending a statutory rule made by the Governor in the exercise of a power conferred by any Act.

        (2)         The Minister may make a recommendation under subsection (1) only if he or she considers that each amendment proposed to be made by the regulations is consequential on the enactment, or the proposed enactment, of —

            (a)         the Corporations (Western Australia) Act 1990;

            (b)         the Australian Securities and Investments Commission Act 1989 of the Commonwealth ;

            (c)         the Corporations Act 1989 of the Commonwealth ;

            (d)         an Act amending an Act referred to in paragraph (b) or (c);

            (e)         the new ASIC Act;

            (f)         the new Corporations Act; or

            (g)         an Act amending an Act referred to in paragraph (e) or (f).

        (3)         Nothing in this section prevents a statutory rule from being amended otherwise than by regulations made under this section, including an amendment of a kind referred to in subsection (2).

        [Section 22 amended by No. 20 of 2003 s. 16.]