Compilation #6 | Effective 2026-03-14
FRBR Work URI: /akn/au/act/2003/23
This Act may be cited as the Corporations (Review Fees) Act 2003.
This Act commences on 1 July 2003.
If the Crown, in a capacity, is bound by the provision or provisions of the Corporations Act 2001 to which a review fee relates, then the Crown, in that capacity, is bound by this Act in respect of that review fee.
In this Act:
review date :
(a) for a company, registered scheme or notified foreign passport fund—has the meaning given by Corporations Act 2001; andsection 345A of the
for a person mentioned in subsection 5(1) other than a company, registered scheme or notified foreign passport fund—has the meaning prescribed by the regulations in relation to that person.
review fee means a fee imposed by section 5.
(2) Subject to this Act, Corporations Act 2001 applies for the purposes of this Act as if the provisions of this Act were provisions of that Act.Part 1.2 (Interpretation) of the
Note: Corporations Act 2001 includes the Dictionary in section 9 of that Act, so the definitions in that section apply for the purposes of this Act unless this Act otherwise provides.Part 1.2 of the
Subject to section 6, the regulations may prescribe fees in relation to the review dates of the following:
companies;
registered schemes;
notified foreign passport funds;
registered Australian bodies;
(d) natural persons registered as auditors under Corporations Act 2001;Part 9.2 of the
(f) persons holding an Australian financial services licence under Corporations Act 2001.Part 7.6 of the
Note: The regulations may prescribe a fee to be paid in one year in relation to the review date of a later year (see paragraph 1351(4)(b) of the Corporations Act 2001).
The fees prescribed by the regulations are imposed, and are so imposed as taxes.
The regulations may prescribe a review fee by specifying an amount (not exceeding $10,000) as the fee.
A review fee need not bear any relationship to the cost of providing any service.
The person who is liable to pay a review fee is worked out under this table.
A person who is liable to pay a review fee incurs that liability on each review date for the person.
This section applies in relation to the amount of a review fee in the financial year starting on 1 July 2011, or a later financial year starting on or before 1 July 2024, if:
the review fee was prescribed because of item 103 of Part 1, item 101, 102, 103 or 104 of Part 1A, or any item of Part 2, of Schedule 1 to the Review Fees Regulations, as in force at any time during the period:
starting at the commencement of the 2011 amending regulations; and
ending immediately before the commencement of the 2025 amending regulations; and
in relation to the financial year starting on 1 July 2024—the review fee is for a review date that occurred before the commencement of the 2025 amending regulations.
Note: The 2011 amending regulations commenced on 1 July 2011. The 2025 amending regulations commenced on 12 March 2025.
The amount of the review fee is taken to be, and always to have been, the amount it would have been if subregulation 4(6) (rather than subregulation 4(5)) of the Review Fees Regulations, as amended by the 2011 amending regulations, had applied to review fees in the financial year starting on 1 July 2011.
In this section:
2011 amending regulations means the Corporations (Review Fees) Amendment Regulations 2011 (No. 1).
2025 amending regulations means the Corporations (Review Fees) Amendment (2025 Measures No. 1) Regulations 2025.
financial year means a period of 12 months starting on 1 July.
Review Fees Regulations means the Corporations (Review Fees) Regulations 2003.
The Governor-General may make regulations for the purposes of this Act and Corporations Act 2001.section 1351 of the
Endnotes
Endnote 1—About the endnotes
The endnotes provide information about this compilation and the compiled law.
The following endnotes are included in every compilation:
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
Abbreviation key— E ndnote 2
The abbreviation key sets out abbreviations that may be used in the endnotes.
Legislation history and amendment history— E ndnotes 3 and 4
Amending laws are annotated in the legislation history and amendment history.
The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.
The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.
Editorial changes
The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.
If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.
Misdescribed amendments
A misdescribed amendment is an amendment that does not accurately describe how an amendment is to be made. If, despite the misdescription, the amendment can be given effect as intended, then the misdescribed amendment can be incorporated through an editorial change made under Legislation Act 2003.section 15V of the
If a misdescribed amendment cannot be given effect as intended, the amendment is not incorporated and “(md not incorp)” is added to the amendment history.
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history