{"id":"F2012L01861","name":"ASIC Class Rule Waiver [CW 12-1144]","slug":"asic-class-rule-waiver-cw-12-1144","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":89829,"registerId":"commonwealth-F2012L01861-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Class Rule Waiver [CW 12-1144]","content":"Australian Securities and Investment Commission\n\nASIC Market Integrity Rules (Chi-X Australia Market) 2011 –\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 (Chi-X Australia Market) 2011 (Chi-X Rules).\n\nTitle\n\n    2. This instrument is ASIC Class Rule Waiver CW 12-1144.\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 Chi-X 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":1517},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument maintains its original scope as a targeted, time-limited waiver of Part 5.11 obligations for Chi-X market participants. No expansion of scope beyond the initial regulatory relief is evident."},"complexity_factors":["Only 5 operative paragraphs with a single, clear purpose","No definitions or interpretation section","Minimal cross-referencing (only to the enabling rule and specific Part being waived)","Simple time-bound duration with clear start and end dates","No conditional logic, exceptions, or nested provisions"],"plain_english_summary":"ASIC issued a temporary class waiver letting brokers and traders on the Chi‑X Australia market be exempt from Part 5.11 obligations (post‑trade/reporting rules) from Chi‑X’s September 2012 registration until 19 January 2013. It automatically covered all affected participants, providing a short regulatory breather to ease system transitions or practical implementation issues."}},"importantCases":[],"_links":{"self":"/api/acts/asic-class-rule-waiver-cw-12-1144","history":"/api/acts/asic-class-rule-waiver-cw-12-1144/history","analysis":"/api/acts/asic-class-rule-waiver-cw-12-1144/analysis","conflicts":"/api/acts/asic-class-rule-waiver-cw-12-1144/conflicts","importantCases":"/api/acts/asic-class-rule-waiver-cw-12-1144/important-cases","documents":"/api/acts/asic-class-rule-waiver-cw-12-1144/documents"}}