{"id":"F2012L01860","name":"ASIC Class Rule Waiver [CW 12-1143]","slug":"asic-class-rule-waiver-cw-12-1143","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":89828,"registerId":"commonwealth-F2012L01860-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Class Rule Waiver [CW 12-1143]","content":"Australian Securities and Investment Commission\n\nASIC Market Integrity Rules (ASX Market) 2010 –\n\nRule 1.2.1(1)\n\nClass Rule Waiver\n\nEnabling Provision\n\n    The Australian Securities and Investments Commission (ASIC) makes this instrument under Rule 1.2.1(1) of the ASIC Market Integrity Rules (ASX Market) 2010 (ASX Rules).\n\nTitle\n\n    2. This instrument is ASIC Class Rule Waiver CW 12-1143.\n\nCommencement\n\n    3. This instrument commences on the date it is registered under the Legislative Instruments Act 2003.\n\n    Note: An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, section 4 (definition of register). The FRLI may be accessed at [http://www.frli.gov.au/](http://www.frli.gov.au/).\n\nWaiver\n\n    4. ASIC relieves a Market Participant from the obligation to comply with the provisions of Part 5.11 of the ASX Rules.\n\nPeriod during which this waiver applies\n\n    5. The waiver in paragraph 4 applies from the date of commencement under paragraph 3 until 19 January 2013 (inclusive).\n\n    Dated this 5th day of September 2012\n\n    Signed by Greg Yanco\n    As a delegate of the Australian Securities and Investments Commission","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1733},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This instrument maintains its narrow, temporary purpose. It grants a time-limited waiver from Part 5.11 of the ASX Rules without expanding beyond that specific relief or the stated four-month timeframe."},"complexity_factors":["Extremely short instrument (only 6 operative paragraphs)","No defined terms or interpretation section","Single unconditional waiver provision with no exceptions or conditions","Fixed, calendar-based timeframe with explicit start and end dates","No nested logic, cross-references, or secondary amendments to other instruments"],"plain_english_summary":"This document gives stockbrokers and trading firms (called **Market Participants**) a temporary exemption from specific rules in **Part 5.11** of the ASX Market Integrity Rules.\n\n**What it does**\n* Relieves Market Participants from the obligation to comply with Part 5.11 of the ASX Rules\n* Acts as a \"class waiver\" — meaning it applies to any entity that qualifies as a Market Participant, not just one specific company\n\n**Who it affects**\n* Any financial services business that operates as a Market Participant on the Australian Securities Exchange (ASX)\n\n**When it applied**\n* From the date of registration (September 2012) until **19 January 2013** inclusive\n* After this date, the exemption expired and normal compliance obligations resumed\n\n**Why it matters**\nDuring this limited window, affected traders could conduct business without meeting the specific regulatory requirements contained in Part 5.11, though all other ASX Market Integrity Rules remained in force."}},"importantCases":[],"_links":{"self":"/api/acts/asic-class-rule-waiver-cw-12-1143","history":"/api/acts/asic-class-rule-waiver-cw-12-1143/history","analysis":"/api/acts/asic-class-rule-waiver-cw-12-1143/analysis","conflicts":"/api/acts/asic-class-rule-waiver-cw-12-1143/conflicts","importantCases":"/api/acts/asic-class-rule-waiver-cw-12-1143/important-cases","documents":"/api/acts/asic-class-rule-waiver-cw-12-1143/documents"}}