{"id":"F2007B00078","name":"ASIC Class Order [CO 00/0169]","slug":"asic-class-order-co-00-0169","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":61742,"registerId":"commonwealth-F2007B00078-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Corporations Law — Subsection 741(1) — E","sectionType":"part","heading":"Corporations Law — Subsection 741(1) — Exemption","content":"# Corporations Law — Subsection 741(1) — Exemption\n\nPursuant to subsection 741(1) of the Corporations Law (\"the Law\"), and for the avoidance of doubt, the Australian Securities and Investments Commission hereby exempts each person who lodges a supplementary or replacement document under section 719 of the Law (“the updating document”) from subsection 727(3) of the Law to the extent that it would otherwise prohibit the person from accepting an application for, or issuing or transferring, securities offered under the updating document until the period of 7 days after lodgment of the updating document has ended.\n\nThis exemption applies only to the operation of subsection 727(3) with respect to the updating document, and does not affect its operation with respect to the disclosure document which is supplemented or replaced by the updating document.\n\nDated the 13th day of February 2000\n\nSigned by Brendan Byrne\n\nas a delegate of the Australian Securities and Investments Commission","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1593},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The instrument maintains its original narrow scope from February 2000, providing a targeted exemption only for the 7-day prohibition under subsection 727(3) as it applies to supplementary or replacement documents lodged under section 719."},"complexity_factors":["Single, short substantive paragraph","Only three legislative cross-references (sections 741(1), 719, and 727(3))","Single exemption with explicit boundary clause limiting scope to the updating document only"],"plain_english_summary":"This Class Order removes the mandatory 7‑day waiting period for supplementary or replacement disclosure documents updating an already‑lodged prospectus, letting issuers accept applications and issue securities immediately. It affects companies lodging updates and the investors/underwriters who rely on those updated documents. The relief is narrow: it applies only to the update (not the original prospectus) and only suspends the subsection 727(3) waiting rule; all other disclosure requirements remain."}},"importantCases":[],"_links":{"self":"/api/acts/asic-class-order-co-00-0169","history":"/api/acts/asic-class-order-co-00-0169/history","analysis":"/api/acts/asic-class-order-co-00-0169/analysis","conflicts":"/api/acts/asic-class-order-co-00-0169/conflicts","importantCases":"/api/acts/asic-class-order-co-00-0169/important-cases","documents":"/api/acts/asic-class-order-co-00-0169/documents"}}