{"id":"F2007L02701","name":"ASIC Class Order [CO 07/568]","slug":"asic-class-order-co-07-568","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":68620,"registerId":"commonwealth-F2007L02701-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Class Order [CO 07/568]","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\ntitle: Australian Securities and Investments Commission\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\nAustralian Securities and Investments Commission  Corporations Act 2001 — Subsection 669(1) — Revocations\n\n \n\nEnabling legislation\n\n \n\n1. The Australian Securities and Investments Commission (ASIC) makes this instrument under subsection 669(1) of the Corporations Act 2001.\n\n# Title\n\n2. This instrument is ASIC Class Order [CO 07/568].\n\n \n\nCommencement\n\n \n\n3. This instrument commences on the date it is registered under the Legislative Instruments Act 2003.\n\n  \n\nNote: An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, s 4 (definition of register).  The FRLI may be accessed at <http://www.frli.gov.au/>.\n\n \n\nRevocations\n\n \n\n4. ASIC Class Orders [CO 00/345] and [CO 01/1545] are revoked.\n\n \n\n \n\n \n\n \n\nDated this 24th day of August 2007\n\n \n\n \n\n \n\n \n\n  \n\nSigned by Brendan Byrne\n\nas a delegate of the Australian Securities and Investments Commission\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1503},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument performs exactly the limited administrative function stated—revoking two specific class orders. There is no expansion of scope beyond this housekeeping purpose."},"complexity_factors":["Only 4 operative sections with no subsections","No defined terms or interpretation provisions","Single, unambiguous action (revocation of two specified instruments)","No conditional language, exceptions, or procedural requirements","Minimal cross-references (only to enabling power and revoked orders)"],"plain_english_summary":"This is a short administrative instrument that simply cancels (revokes) two older ASIC rules known as Class Orders **[CO 00/345]** and **[CO 01/1545]**. Think of it as legal housekeeping — ASIC is removing outdated or redundant rules from the books. \n\n**What it does:**\n- **Removes legal effect** of the two specified class orders as of the registration date.\n- **Creates no new rules** or obligations for businesses or individuals.\n\n**Who it affects:**\nAnyone who was relying on the exemptions or declarations in the revoked class orders. Those protections or requirements no longer apply once this instrument takes effect.\n\n**Why it matters:**\nIt cleans up the regulatory framework. If you were operating under the old rules mentioned above, you need to check whether you still have legal cover or if you now need to comply with the standard Corporations Act requirements."}},"importantCases":[],"_links":{"self":"/api/acts/asic-class-order-co-07-568","history":"/api/acts/asic-class-order-co-07-568/history","analysis":"/api/acts/asic-class-order-co-07-568/analysis","conflicts":"/api/acts/asic-class-order-co-07-568/conflicts","importantCases":"/api/acts/asic-class-order-co-07-568/important-cases","documents":"/api/acts/asic-class-order-co-07-568/documents"}}