{"id":"F2008B00020","name":"ASIC Class Order [CO 98/50]","slug":"asic-class-order-co-98-50","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":72157,"registerId":"commonwealth-F2008B00020-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Class Order [CO 98/50]","content":"Australian Securities and Investments Commission\n\nCorporations Law Paragraph 601QA(1)(b) Declaration\n\nPursuant to paragraph 601QA(1)(b) of the Corporations Law (\"the Law\") the Australian Securities and Investments Commission hereby declares that Chapter 5C of the Law applies to a responsible entity of a registered scheme in the case specified in the schedule as if\n\n(a) in subsection 601HB(1) of the Law the words, \"or from time to time\"; and\n\n(b) in subsection 601HB(2) of the Law the words, \"or from time to time as the case may be\"\n\nwere added after the words \"specified time\".\n\nSchedule\n\nThe compliance plan for the registered scheme (excluding any part incorporated by reference under section 601HB) contains a statement to the effect that the responsible entity will review the appropriateness of the compliance plan when any amendment is made to a part of a compliance plan that is incorporated by reference in it.\n\nDated 13th day of July 1998\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":2832},"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"This Class Order maintains its original narrow scope, providing conditional relief for compliance plan incorporation by reference in managed investment schemes. No evidence of mission creep beyond the original regulatory intent."},"complexity_factors":["Conditional application requiring a specific written statement in the compliance plan","Statutory modification through 'as if' declaration power under section 601QA","Technical legal concept of incorporation by reference","Precise textual amendments to subsections 601HB(1) and 601HB(2)"],"plain_english_summary":"This order lets responsible entities of registered managed investment schemes incorporate external documents into compliance plans on an ongoing basis (\"from time to time\") instead of only as fixed versions, so updates need not trigger formal amendments.\n\nIn return, responsible entities must undertake in writing to review the compliance plan whenever any incorporated document is amended — reducing administrative burden while ensuring material changes prompt a suitability check that protects investors."}},"importantCases":[],"_links":{"self":"/api/acts/asic-class-order-co-98-50","history":"/api/acts/asic-class-order-co-98-50/history","analysis":"/api/acts/asic-class-order-co-98-50/analysis","conflicts":"/api/acts/asic-class-order-co-98-50/conflicts","importantCases":"/api/acts/asic-class-order-co-98-50/important-cases","documents":"/api/acts/asic-class-order-co-98-50/documents"}}