{"id":"F2007B01016","name":"ASIC Class Order [CO 98/106]","slug":"asic-class-order-co-98-106","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":62478,"registerId":"commonwealth-F2007B01016-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Class Order [CO 98/106]","content":"AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION  \nSUBSECTIONS 111AT(1) AND 341(1) CORPORATIONS LAW  \nCLASS ORDER AND REVOCATION\n\nPURSUANT to subsection 341(1) of the Corporations Law (the \"Law\") the AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION HEREBY MAKES AN ORDER relieving each disclosing entity which is a \"regulated superannuation fund\", or an \"approved deposit fund\" or a \"pooled superannuation trust\" within the meaning of the Superannuation Industry (Supervision) Act 1993 (Cth) from compliance with Parts 2M.2 and 2M.3 of the Law in relation to a financial year or half-year.\n\nPURSUANT to subsection 111AT(1) of the Corporations Law the AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION HEREBY REVOKES  \nExemption Number 94/1859 dated 13 December 1994 with effect from:\n\n(i) in respect of entities which apply the relief provided by Class Order 98/0095 dated 10 July 1998, financial years ending after 7 July 1998; and\n\n(ii) in all other cases, financial years ending after 30 June 1998.\n\nDated the 10th day of July 1998\n\n![](image.001.png)\n\nSigned by George Durbridge\n\nas delegate of the Australian Securities and Investments Commission","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2934},"content_quality":"ok","complexity_score":4,"rejection_reason":"null","scope_assessment":{"changed":false,"description":"The Class Order remains focused on its original purpose of relieving specific superannuation entities from duplicate financial reporting obligations under the Corporations Law, aligning with the broader regulatory scheme that governs these funds primarily under the Superannuation Industry (Supervision) Act 1993."},"complexity_factors":["Multiple statutory cross-references (Corporations Law ss 341(1), 111AT(1), Parts 2M.2 and 2M.3)","Defined terms imported from external legislation (Superannuation Industry (Supervision) Act 1993)","Bifurcated effective dates for revocation contingent on application of another Class Order (CO 98/0095)","Requires understanding of the interaction between general corporate disclosure rules and specific superannuation regulation"],"plain_english_summary":"This Class Order exempts certain superannuation funds that are “disclosing entities” (regulated superannuation funds, approved deposit funds, pooled superannuation trusts) from the Corporations Law financial reporting requirements, allowing them to rely on the separate Superannuation Industry (Supervision) Act reporting framework instead. \n\nIt prevents duplicate reporting obligations and cancels a prior 1994 exemption, with the cancellation applying to financial years ending after 7 July 1998 for funds using a related ASIC exemption, or after 30 June 1998 for others."}},"importantCases":[],"_links":{"self":"/api/acts/asic-class-order-co-98-106","history":"/api/acts/asic-class-order-co-98-106/history","analysis":"/api/acts/asic-class-order-co-98-106/analysis","conflicts":"/api/acts/asic-class-order-co-98-106/conflicts","importantCases":"/api/acts/asic-class-order-co-98-106/important-cases","documents":"/api/acts/asic-class-order-co-98-106/documents"}}