{"id":"F2017L01245","name":"ASIC Corporations and Credit (Repeal) Instrument 2017/791","slug":"asic-corporations-and-credit-repeal-instrument-2017-791","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":439348,"registerId":"F2017L01245-fast-fetch-1775955405063","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"ASIC Corporations and Credit (Repeal) Instrument 2017/791","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n![Commonwealth Coat of Arms and ASIC logo](image.001.jpeg)\n\nASIC Corporations and Credit (Repeal) Instrument 2017/791\n\nI, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.\n\n \n\nDate 19 September 2017\n\n \n\n \n\nAnthony Graham\n\n \n\nContents\n\n[Part 1—Preliminary](#_Toc493603443)\n\n[1 Name of legislative instrument](#_Toc493603444)\n\n[2 Commencement](#_Toc493603445)\n\n[3 Authority](#_Toc493603446)\n\n[4 Schedules](#_Toc493603447)\n\n[Schedule 1— Repeals](#_Toc493603448)\n\n[ASIC Class Order [CO 03/1063]](#_Toc493603449)\n\n[ASIC Class Order [CO 11/926]](#_Toc493603450)\n\n[ASIC Credit (Financial Counselling Agencies) Instrument 2015/992](#_Toc493603451)\n\n \n\nPart 1—Preliminary\n\n1 Name of legislative instrument\n\nThis is the ASIC Corporations and Credit (Repeal) Instrument 2017/791.\n\n2 Commencement\n\nThis instrument commences on the later of:\n\n(a) the date of its gazettal; and\n\n(b) the day after it is registered on the Federal Register of Legislation.\n\nNote: The register may be accessed at [www.legislation.gov.au](http://www.legislation.gov.au).\n\n3 Authority\n\nThis instrument is made under paragraph 911A(2)(l) of the Corporations Act 2001 and paragraphs 109(3)(a) and (d) of the National Consumer Credit Protection Act 2009.\n\n4 Schedules\n\nEach instrument that is specified in the Schedule to this instrument is repealed as set out in the applicable items in the Schedule.\n\n \n\nSchedule 1— Repeals\n\nASIC Class Order [CO 03/1063]\n\n1 The whole of the instrument\n\nRepeal the instrument.\n\nASIC Class Order [CO 11/926]\n\n2 The whole of the instrument\n\nRepeal the instrument.\n\nASIC Credit (Financial Counselling Agencies) Instrument 2015/992\n\n3 The whole of the instrument\n\nRepeal the instrument.\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1590},"content_quality":"ok","complexity_score":2,"rejection_reason":"","scope_assessment":{"changed":false,"description":"This is a housekeeping instrument that performs exactly the function described in its title. It does not expand ASIC's powers or create new regulatory obligations; it merely removes three specific obsolete instruments from the legislative framework."},"complexity_factors":["Single operative mechanism (repeal) with no conditional logic or exceptions","Only 4 preliminary sections and 1 schedule containing 3 repeal items","No defined terms or interpretation section requiring legal analysis","Straightforward commencement formula (simple 'later of' two dates)"],"plain_english_summary":"This is a regulatory cleanup instrument that entirely repeals three outdated ASIC instruments (CO 03/1063, CO 11/926 and the ASIC Credit (Financial Counselling Agencies) Instrument 2015/992). It affects anyone relying on the exemptions or permissions those instruments provided, who should confirm whether other laws now apply or no exemption is needed. Made under the Corporations Act 2001 and the National Consumer Credit Protection Act 2009, it commences on gazettal or the day after Federal Register publication."}},"importantCases":[],"_links":{"self":"/api/acts/asic-corporations-and-credit-repeal-instrument-2017-791","history":"/api/acts/asic-corporations-and-credit-repeal-instrument-2017-791/history","analysis":"/api/acts/asic-corporations-and-credit-repeal-instrument-2017-791/analysis","conflicts":"/api/acts/asic-corporations-and-credit-repeal-instrument-2017-791/conflicts","importantCases":"/api/acts/asic-corporations-and-credit-repeal-instrument-2017-791/important-cases","documents":"/api/acts/asic-corporations-and-credit-repeal-instrument-2017-791/documents"}}