{"id":"F2007B00288","name":"ASIC Class Order [CO 02/0138]","slug":"asic-class-order-co-02-0138","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":62007,"registerId":"commonwealth-F2007B00288-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Class Order [CO 02/0138]","content":"Australian Securities and Investments Commission  \nCorporations Act 2001— Paragraph 1020F(1)(a) — Exemption\n\nUnder paragraph 1020F(1)(a) of the Corporations Act 2001 (the “Act”), the Australian Securities and Investments Commission hereby exempts each person in the class of persons mentioned in Schedule A in the case mentioned in Schedule B from subsections 1018A(1) and (2) of the Act.\n\nSCHEDULE A\n\nListed bodies and their officers.\n\nSCHEDULE B\n\nThe publication of a statement that:\n\n(a) relates to an offer or intended offer of financial products the issuer of which is a subsidiary or proposed subsidiary of the listed body;\n\n(b) consists of a notice or report by the listed body, or one of its officers, about its affairs to the relevant market operator; and\n\n(c) contains material which is required by law or by the operating rules of the relevant financial market to be contained in the statement and nothing more.\n\nCommencement\n\nThis exemption takes effect on the commencement of Schedule 1 to the Financial Services Reform Act 2001.\n\nDated the 5th day of February 2002\n\nSigned by Brendan Byrne  \nas a delegate of the Australian Securities and Investments Commission","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1348},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument maintains its original, narrow purpose: resolving the conflict between continuous disclosure obligations and advertising restrictions for listed entities announcing subsidiary offers. It has not expanded beyond this specific technical exemption."},"complexity_factors":["Single, narrow exemption covering only two subsections (1018A(1) and (2))","Minimal structural complexity: only two short schedules defining the exempt class and the exempt conduct","No nested conditions or exceptions—just one straightforward requirement that statements contain only legally required material","Limited cross-referencing to external legislation (only references to Corporations Act sections and FSRA commencement)"],"plain_english_summary":"This class order lets listed companies (eg. ASX entities) and their officers make required market announcements about subsidiary capital raisings or financial product offers without breaching strict advertising bans — but only if the announcement contains nothing beyond what the stock exchange rules or law require. It lets issuers meet disclosure duties without accidentally creating unlawful marketing."}},"importantCases":[],"_links":{"self":"/api/acts/asic-class-order-co-02-0138","history":"/api/acts/asic-class-order-co-02-0138/history","analysis":"/api/acts/asic-class-order-co-02-0138/analysis","conflicts":"/api/acts/asic-class-order-co-02-0138/conflicts","importantCases":"/api/acts/asic-class-order-co-02-0138/important-cases","documents":"/api/acts/asic-class-order-co-02-0138/documents"}}